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Mazda Launches Killer 2025 Miata Lease Offer
Mazda Launches Killer 2025 Miata Lease Offer

Miami Herald

time5 days ago

  • Automotive
  • Miami Herald

Mazda Launches Killer 2025 Miata Lease Offer

The Mazda Miata has been the benchmark roadster since the NA generation hit the scene in 1989. Now in its fourth generation, Mazda shows no signs of discontinuing the model, although rumors have been floating around that future generations may be electrified. Those looking to get their hands on a 2025 Miata might be in luck, as the Japanese automaker has some attractive lease offers on the roster. The lease offers for the 2025 model year Miata apply to both the Grand Touring and the RF Grand Touring (hardtop) with the manual transmission. If you're in the Los Angeles or Denver area, you can get a Miata Grand Touring for $482 a month / 48 months, with $3,999 due at lease signing and a $650 acquisition fee rolled into the monthly payments. That lease also has a 10,000-mile-per-year requirement. Prefer an RF hardtop? That lease offer increases to $562 a month / 48 months with the same $3,999 due at signing. The same mileage conditions and acquisition fee apply. Miami residents get a slightly better deal. The regular Grand Touring lease drops to $425 a month / 36 months with $2,499 due at lease signing and the same conditions, while the RF hardtop increases to $607 a month / 36 months with $2,499 due at lease signing. Live in New York? That same Grand Touring lease increases to $513 a month / 36 months with $2,999 due at lease signing and the same conditions. The RF hardtop offer is more in the middle, at $591 a month / 36 months with $2,999 due at lease signing and the same conditions. Potential lessees who want to save money on the upfront costs can pay $0 at signing, with some adjustments to the monthly payment. We have estimated the monthly payments by spreading the amount at signing over the lease's term. Los Angeles and Denver residents opting for a regular Grand Touring would pay approximately $83 more per month, resulting in a payment of around $565. That same increase counts for the RF hardtop, too, resulting in a monthly payment of around $645. Miami residents wanting a Grand Touring with $0 down would pay an additional $69 per month for a total payment of around $494. That increase added to the RF hardtop would increase monthly payments to around $676. As for New Yorkers, their $0 Grand Touring Miata would pay $83 more per month for a total payment of around $596. The RF hardtop brings the same increase for a monthly payment of about $674. *This $0 down figure is an estimation. Official $0 down lease offers from Mazda may differ based on their specific calculations, credit approval, and potential money factor adjustments. Always obtain a quote directly from Mazda. The current model year Miata continues the tradition of lightweight motoring set by its ancestors. All trims use a 2.0L inline-four cylinder engine mated to either a 6-speed manual or automatic transmission. All 181 horses and 151 lb-ft. of torque are sent to the rear wheels, just the way the car gods intended. The top Grand Touring trim, if you don't count the 35th Anniversary Edition, adds a few luxury items into the mix, like special machine-cut 17-inch wheels, automatic headlights, rain-sensing wipers, door sill trim plates, an auto-dimming driver's side mirror, automatic climate control, leather-trimmed seats, Mazda's navigation system, adaptive headlights, and more. Lease offers can vary based on location and specific vehicle configuration (trim level, options, etc.) and are subject to credit approval. Advertised payments typically exclude taxes, title, registration, and other potential fees. To take advantage of this offer or to get a precise quote based on your needs (including an official $0 down option), visit the official Mazda website here. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

Why Lucid Motors Stock Sank Today
Why Lucid Motors Stock Sank Today

Yahoo

time16-04-2025

  • Automotive
  • Yahoo

Why Lucid Motors Stock Sank Today

Luxury electric vehicle (EV) maker Lucid Group (NASDAQ: LCID) launched its fully electric Gravity SUV to the public last year and began accepting registrations from interested customers. It officially introduced the initial 2026 Grand Touring edition yesterday. A company executive also announced that plans to launch a new, midsize SUV next year are on track. Yet after a brief rise higher, Lucid stock is plunging today. Lucid shares closed the day's trading lower by 5%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Lucid stock is down about 25% year to date with today's drop. News from the company yesterday was positive, though. Lucid is diversifying its product lineup with its new luxury Gravity SUV. It began accepting registrations last year, but now has officially opened the order book on the high-end SUV that starts at $94,900. Another version with a starting price of under $80,000 will be available to order later this year. Maybe more important for Lucid investors are plans to launch a new, lower-priced, midsize SUV next year. Lucid senior vice president Derek Jenkins said the company is on track for that 2026 launch. That vehicle is set to start at a $50,000 price point, and could vault the company into a much larger market of consumers. Yet the stock plunged today as investors see tariffs and potentially negative economic consequences as a reason to sell technology names. Lucid addressed the tariff issue yesterday, too. Interim CEO Marc Winterhoff told Reuters that the company has no plans to raise prices, but it does have agreements in place with battery cell and graphite suppliers for domestic production to avoid U.S. tariffs in the near future. That wasn't enough for investors to spare Lucid shares from today's tech sell-off, though. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was down as much as 4% today, closing down 3%, and dropped to 20% below its record high set late last year. While Lucid gave long-term investors some positive news yesterday, it will be a bumpy ride for shareholders as long as tech stocks struggle. Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lucid Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $526,499!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $687,684!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 156% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 14, 2025 Howard Smith has positions in Lucid Group. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Lucid Motors Stock Sank Today was originally published by The Motley Fool

Tested: 2025 Lincoln Corsair Grand Touring Catches the PHEV Wave
Tested: 2025 Lincoln Corsair Grand Touring Catches the PHEV Wave

Yahoo

time07-04-2025

  • Automotive
  • Yahoo

Tested: 2025 Lincoln Corsair Grand Touring Catches the PHEV Wave

Hybrids and plug-in hybrids are gaining favor as buyers seek a middle ground between traditional gas-engine vehicles and battery-only EVs. Plug-in hybrids, particularly, can offer some of the benefits of EVs, with fully electric driving around town, while their gas engines mean they retain convenient long-distance capability. Lincoln has been somewhat of an early adopter here, adding a PHEV version of the Aviator in 2020 and the Corsair in 2021. The plug-in variant accounted for 13 percent of Corsair sales last year, its best showing so far. The Corsair's PHEV powertrain is exclusive to the top-spec Grand Touring model. The plug-in's mechanicals haven't changed since its debut, but the Corsair has seen some tweaks and updates over the years. They include a larger center touchscreen and BlueCruise hands-free driver aids. This year the Jet Appearance package extends to the Grand Touring, bringing black 20-inch wheels, black upper door trim, and a blacked-out grille. The hybrid system consists of an 2.5-liter Atkinson-cycle four-cylinder engine and two electric motors, one of which powers the rear axle of the Grand Touring's standard all-wheel-drive system, along with a continuously variable transmission. (The related Ford Escape also offers a plug-in powertrain, but it's less powerful and offered only with front-wheel drive.) The Grand Touring's combined 266 horses are 16 more than the standard nonhybrid Corsair has in its corral, but the PHEV's ponies have a much heavier burden. With the electric motors and the hybrid system battery, the Corsair Grand Touring tipped the scales at 4542 pounds, 559 pounds more than the last gas-only Corsair we tested. Despite the extra mass, however, the instant torque of the electric motors keeps the PHEV Corsair neck and neck with the gasser at the test track. The Grand Touring's 6.2-second 60-mph time is just 0.1 second behind that of the regular Corsair; same for its 14.8-second quarter-mile run. And in passing performance, the Grand Touring is the quicker of the two, nosing ahead of the standard model by 0.1 second in the 50-to-70-mph sprint. The Lincoln's acceleration performance isn't so impressive next to other plug-in hybrids in this class, however. In our testing, the Mercedes-Benz GLC350e was a shade quicker at 5.9 seconds to 60 mph, the Lexus NX450h+ hustled to 60 mph in 5.6 seconds, and the Volvo XC60 T8 did so in a zippy 4.2 seconds. Typical of hybrids, a continuously variable transmission sends the engine's torque to the wheels. Under hard acceleration, though, the Corsair's CVT emulates the shifts of a conventional gearbox, to lessen perceived engine drone. That said, this four has a rather gritty engine note, and the Lincoln's 74 decibels under wide-open throttle is louder than the NX450h+ with its 72 decibels. We preferred the livelier accelerator response of the Excite drive mode, which keeps the engine running more than in the standard mode but still allows engine-off coasting and engine shutdown at stoplights. Still, availing yourself of the Grand Touring's ability to drive as an EV is the strategy that justifies going with the plug-in hybrid. The estimated 11-kWh battery provides 27 miles of EV range, according to the EPA; in our 75-mph highway range test, though, it managed just 19 miles. Punch the right pedal, and you'll wake the gas engine. You can also switch to Preserve EV mode to save the battery's charge for later. The Mercedes, the Lexus, and the Volvo all can travel farther on battery power alone: 54 miles for the GLC, 37 miles for the NX, and 36 miles for the XC60, per the EPA. C/D highway range numbers for the Lexus and the Volvo are 33 and 31 miles, respectively. Once the battery is drained, the EPA says to expect 33 mpg on average, which is much better than the standard all-wheel-drive Corsair's 24-mpg EPA combined estimate. Recharging the Corsair at home is an overnight affair when using a standard 110-volt outlet (figure 10 to 11 hours) or about three to four hours if you have a 240-volt source. Like other Lincolns, the Corsair offers the BlueCruise driver-assist system, which allows for hands-off driving on about 130,000 miles of mapped highways. This next-level cruise control, similar to Super Cruise at General Motors, is part of an options package (even on the Grand Touring) and requires a subscription to maintain the capability after four years. When the steering-wheel icon in the instrument screen is lit up blue, that indicates you're on a BlueCruise-capable roadway. Engage the adaptive cruise control, and the system will steer for you. However, the driver must watch the road, and a camera on the steering column monitors the driver's eye movements; the system will chastise you if you look away for more than a couple seconds. BlueCruise does a fairly good job of maintaining lane position and can even change lanes, once the driver activates the turn signal (be sure to let it flash three times, otherwise the request will be canceled). The Grand Touring's large, 20-inch rolling stock likes to announce potholes with a thwack, but the suspension largely delivers a gentle, plush ride that seeks to emulate the Corsair's larger showroom-mates. Like them, the Corsair doesn't goad its driver into picking up the pace on winding roads, and its steering effort feels kind of rubbery, but its 0.83 g of skidpad grip is respectable for this class. The brake-pedal action doesn't suffer any weirdness, as some hybrids' stoppers do, and this Corsair Grand Touring hauled itself down from 70 mph in just 160 feet—19 feet better than the last Corsair we tested. The Corsair's current generation dates back a few years, so it doesn't have the dash-spanning digital display that you find in the latest Lincoln Nautilus or the new Navigator. Instead, there's a 13.2-inch infotainment touchscreen and a 12.3-inch digital instrument display. The touchscreen can show multiple functions at once and isn't too hard to navigate. There's also a smattering of physical buttons and a volume knob. Joystick-style buttons on the steering aren't hard to adapt to either. The interior is nice but doesn't approach the level of other Lincoln models. Our test car had the optional Perfect Position 24-way power seats ($1285) that boast separately adjustable left and right under-thigh support as well as multiple massage programs. Rear-seat space is fine for two adults. We're able to fit seven carry-on suitcases in the cargo hold behind the rear seats and 22 with the rear seatbacks folded. The Corsair Grand Touring opens at $55,850, which strains the value equation given that the nonhybrid lesser models are $40,980 for the Premiere and $48,135 for the Reserve (plus $2300 for all-wheel drive). Our Grand Touring also featured a $8675 option package (Equipment Group 302A), and it seems like much of that content should be standard on the top-spec model. And yet, this pricing isn't out of line with competitor brands: The NX450h+ starts at $62,415, and the XC60 hybrid spans $59,345 to $76,545. A duffel bag with $61,050 in unmarked bills would also get you a Mercedes-Benz GLC350e. Clearly, going the trendy plug-in-hybrid route in a premium-brand SUV, even a compact one, is a pricey endeavor. The tough spot for Lincoln is that, having been a little ahead of the curve, the PHEV Corsair has less EV range than those newer rivals. The Corsair, then, is for Lincoln loyalists looking to ease into the electric revolution. You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!

View Exterior Photos of the 2025 Lincoln Corsair Grand Touring
View Exterior Photos of the 2025 Lincoln Corsair Grand Touring

Yahoo

time07-04-2025

  • Automotive
  • Yahoo

View Exterior Photos of the 2025 Lincoln Corsair Grand Touring

read the full review The Lincoln Corsair Grand Touring is the plug-in-hybrid version of Lincoln's compact SUV. The Corsair Grand Touring dates to 2021 and had its best sales year in 2024. One change for the 2025 is that the Jet Appearance package (black trim, black wheels, black grille) is now available on the Grand Touring, as shown here. The Grand Touring has a combined 266 horsepower, versus 250 in the standard nonhybrid Corsair. An Atkinson-cycle 2.5-liter four-cylinder engine combines with two electric motors and a continuously variable transmission. The estimated 11-kWh battery provides 27 miles of EV range, according to the EPA. The EPA combined fuel-economy rating for gasoline operation is 33 mpg, versus 24 mpg for the nonhybrid all-wheel-drive Corsair. Continue scrolling to see more pictures of the 2025 Lincoln Corsair Grand Touring. You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!

Is Lucid Group Stock a Buy Now?
Is Lucid Group Stock a Buy Now?

Yahoo

time31-03-2025

  • Automotive
  • Yahoo

Is Lucid Group Stock a Buy Now?

Lucid Group (NASDAQ: LCID) is a premium electric vehicle (EV) manufacturer that has captured attention with its innovative automotive offerings. The company has made noteworthy advancements in EV technology, especially with the Lucid Air and the upcoming Lucid Gravity SUV. Lucid's long-term growth potential in the EV market is promising. The company is making solid progress, and its new SUV could be a game changer. That said, the EV maker has faced significant financial challenges, including the need for ongoing cash infusions from investors. If you're thinking of investing in Lucid, consider the following first. Lucid Group attracts an affluent customer base with its premium automotive brand. It offers the Lucid Air Pure, which has 430 horsepower and a range of 420 miles per charge. At $69,900, this model is Lucid's more affordable option. For those seeking higher performance and a more extended driving range, its Grand Touring and Sapphire offer impressive capabilities. However, customers will have to pay up, as these vehicles cost $110,900 and $249,000, respectively. Lucid's recent fourth-quarter earnings results were decent. The company beat analysts' revenue estimates, posting $234.5 million compared to $211.77 million expected. It also exceeded earnings per share (EPS), posting a $0.22 loss per share vs. the $0.28 loss per share expected. The EV maker has ramped up production and deliveries, which is essential for achieving scale and profitability down the road. It closed the year with 10,241 vehicle deliveries, up 71% from one year ago. Another offering is Lucid Gravity, Lucid's long-awaited SUV model. The premium SUV is priced at $94,900 and can travel 450 miles on a single charge. It also has fast-charging capabilities, allowing it to travel up to 200 miles after charging for just 12 minutes. Analysts at TD Cowen believe that the Lucid Gravity vehicle could be "a turning point for the company." However, those analysts also say the price "strikes us as too high" and that Lucid could struggle to generate enough volume. In other news, Lucid CEO Peter Rawlinson recently stepped down, and Chief Operating Officer Marc Winterhoff was named interim CEO. Bank of America analysts argue that this move is "much more consequential than understood by the market." BofA thinks that product development could stall, and demand may also be impacted as it cut its forecasts for future production volumes. Lucid's technology is quite impressive. However, getting to this point has been an expensive journey. The company has invested massively in its technology and needs to scale up and sell more volume to achieve positive cash flows. Over the past three years, the company has posted a net loss of $8.5 billion. This cash situation makes Lucid a risky proposition for investors today. The company has already raised $8.9 billion from the Public Investment Fund of Saudi Arabia. It has also had to tap into equity markets several times. Both moves have severely diluted shareholders. Since 2021, Lucid's outstanding share count has gone from 1.62 billion to 3.03 billion, and the stock has fallen from its peak of $57.75 per share to $2.41, a staggering 96% decline. The company has needed a massive upfront investment, and this raises questions about how much more the Public Investment Fund and other equity investors are willing to fund this business. The company has about $6.1 billion in liquidity, giving it enough runway to fund operations into the second half of 2026. According to a projection from PwC, the number of EVs in the U.S. could grow to 27 million in 2030 and 92 million in 2040. This gives Lucid and other EV makers a vast potential future market opportunity. Competition remains fierce, with Tesla being a massive player and Rivian Automotive emerging as another competitor. Lucid hopes its premium brand allows it to carve out its niche for EV customers willing to pay up. The current political environment also creates uncertainty about widespread EV adoption. Recently, the Trump administration ordered the federal government to sell 25,000 EV chargers. There is also a concern that the $7,500 EV tax credit and other subsidies could be at risk. Lucid's technology is impressive, and new offerings could help it achieve profitability -- provided it can increase sales and control costs. However, there are challenges in the near term. Investors should continue to monitor the economic backdrop, along with deliveries, cost management, and Gravity sales. Until Lucid makes notable improvements in its bottom line, investors are better off avoiding this stock for now. Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lucid Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $726,481!* Now, it's worth noting Stock Advisor's total average return is 835% — a market-crushing outperformance compared to 164% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of March 18, 2025 Courtney Carlsen has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Is Lucid Group Stock a Buy Now? was originally published by The Motley Fool

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