Latest news with #resalevalue
Yahoo
16 hours ago
- Automotive
- Yahoo
Corvette E-Ray Struggles to Hold Value in Resale Market
⚡️ Read the full article on Motorious Chevrolet's Corvette E-Ray is struggling in resale value, with weak auction results compared to other C8 variants despite strong performance credentials. Chevrolet's Corvette E-Ray, the first hybrid and all-wheel-drive model in the iconic sports car's history, has not matched the strong resale performance of its C8-generation stablemates. Positioned between the Stingray and the track-focused Z06, the E-Ray promised Z06-like acceleration with the fuel efficiency of a Stingray. Early reviews praised its blend of V8 power and electric assistance, but recent auction results suggest tepid demand in the secondary market. Since spring 2024, Mecum Auctions has listed seven E-Rays, selling only one — a convertible with the ZER Performance Package and nine miles on the odometer — for $151,250. The rest failed to meet reserve, with the latest drawing a high bid of just $85,000. Online sales have been similarly mixed. Bring a Trailer has offered five E-Rays; two sold for $103,000 and $96,000, while three did not meet reserve. Cars & Bids listed two in 2024, neither of which sold. The most notable outlier was a Seawolf Gray Tricoat 3LZ Coupe that brought $148,500 at Barrett-Jackson's 2025 Scottsdale auction. The numbers mark a sharp contrast with earlier C8 variants. Since the model's 2020 debut, Stingray and Z06 owners who secured early allocations often turned quick profits by flipping their cars online. That trend has yet to materialize for the E-Ray. Analysts point to several possible factors: Corvette buyers may be less enthusiastic about hybrid technology, concerns about long-term reliability may play a role, or timing may have dampened demand, as the Z06 was already available and the anticipated ZR1 was on the horizon when the E-Ray launched. Despite the cooler reception, the E-Ray remains a high-performance machine commanding six-figure prices. Whether it will see stronger resale interest over time may depend on market perceptions and the pace of hybrid acceptance among Corvette loyalists.
Malay Mail
20 hours ago
- Automotive
- Malay Mail
Why Malaysians should choose luxury cars that sell well later
KUALA LUMPUR, Aug 15 — For many Malaysians, buying a luxury car is no longer just about status or performance. It is now a more considered decision — one that factors in how well a car holds its value over time. This shift is driven by rising living costs and greater financial awareness. With cars being one of life's bigger investments, buyers are asking: will this still be worth something when it is time to upgrade? Resale value is the new status symbol A car's ability to retain value is becoming a major buying factor. Carsome Malaysia reports that some vehicles retain up to 70 per cent of their value after three years. In the luxury segment, brand reliability and ownership experience can make a big difference. Resale value in focus as buyers and sellers come to terms. — Picture from Freepik Globally, Lexus consistently ranks among the best for resale value, earning Kelley Blue Book's Best Resale Value Award for luxury brands. While based on global data, it reflects what many Malaysians already see — that Lexus vehicles are durable, well-supported, and trusted. Why it makes sense to think ahead Higher resale value makes future upgrades easier Lower running costs reduce financial pressure Reliable aftersales service adds peace of mind Compact, efficient models suit urban lifestyles Lexus LBX and RZ reflect the brand's focus on lasting value through premium hybrid and electric mobility. — Picture courtesy of Lexus Where Lexus fits into the picture In this context, Lexus offers a smart answer for buyers who want long-term value. The Lexus LBX, a compact hybrid SUV, blends premium quality with city-ready efficiency — ideal for younger buyers or small families seeking refined practicality. The Lexus RZ, a fully electric SUV, delivers advanced technology with Lexus comfort and quality. It is a forward-looking choice designed to last well beyond the first few years of ownership. Lexus LBX cockpit demonstrates the Tazuna Concept — Lexus's driver-focused design that ensures intuitive control with minimal hand and eye movement. — Picture courtesy of Lexus RZ cockpit also follows the Tazuna Concept, prioritising driver focus through simplified, instinctive control layout. — Picture courtesy of Lexus Both models reflect a growing trend: Malaysians are choosing cars that are not just luxurious — but also make sense in the long run. RZ's rotary shifter uses a press-and-turn motion for intuitive, focused gear selection. — Picture courtesy of Lexus LBX features an ergonomically shaped shift knob for a natural, comfortable grip. — Picture courtesy of Lexus Smart luxury is built to last Luxury today is not just about design or features. It is about how well a car fits your life and how confidently it carries its value into the future. With Lexus, Malaysians are not just buying cars. They are buying long-term confidence.
Motor 1
a day ago
- Automotive
- Motor 1
'Mazda Is the New Secret IYKYK:' North Carolina Man Says Stop Recommending Hondas and Toyotas. Then He Explains Why
Is the market for used Hondas and Toyotas too hot? That's the assertion one man is making. In a TikTok that generated 154,600 views as of this writing, Ojayy ( @ojayy3k ) vents that the used car market for Hondas and Toyotas has gotten out of hand. 'Y'all gotta stop telling people and recommending people to buy Toyota or Honda. Y'all really messed up the market for real," he begins. He continues, 'People be like, 'I want a new Audi, Lexus, or Benz,' but then everyone in the comments recommends getting a Toyota or Honda. No, let them get that car because it's ruining the market for people like me trying to get a used car for a decent price.' Toyota and Honda have maintained excellent resale value in recent years and rank among the top brands for Kelley Blue Book . These cars have become highly sought after for their longevity, which has created a greater demand. 'Back in the day, you could get a good condition Toyota for three or four grand. Nowadays, a guy on Facebook Marketplace was trying to sell a 2011 Toyota with 200,000 miles for 15 grand,' Ojayy vents. Other commenters have also noticed absurd pricing for used Toyotas and Hondas with high mileage. '10 yr old car and mfs want $15k+ lmao,' one TikTok commenter added 'It's crazy, they want 14k for a Honda Accord with 150k miles,' a second shared. 'I've seen a 2018 Camry with 200K for $15K,' a third replied. 'There are no deals anywhere anymore. It's nonstop, I'm seeing a Honda Sport with 175,000 miles going for $17,000,' Ojayy says. Clearly frustrated with the current resale value for Honda and Toyota, Ojayy believes it's unattainable to land a good deal on a used one. "Used Toyotas are really in right now, and it's because of y'all. You keep recommending it to everybody. It's ridiculous," he concludes. Why Toyota And Honda Vehicles Have Such High Resale Values In 2025, Kelley Blue Book ( KBB ) selected five Toyotas and one Honda as their top 10 cars with the best Resale Value Award. This award is given to the vehicles that retain a high value of their purchase price when reselling. CNBC reports that Toyotas and Hondas have such high resale values due to 'pricing and production discipline, a reputation for quality and durability, and a few other factors.' This focus on pricing, production, and durability has paid off. Toyota has earned KBB's Best Resale Value Award eight times since 2014, including the past four consecutive years. Honda has also earned high praise from KBB . In 2025, Honda won the Consumer Choice Award for 'Best Overall Brand,' 'Most Trusted Brand,' and 'Best Value Brand.' In addition to maintaining high resale value, Honda and Toyota pay attention to customers. When building cars, they carefully listen to customers and only build what they think people will buy, CNBC reports. What's A Good Alternative? Clearly, both Honda and Toyota are highly sought-after used vehicles. But there are other options. People who commented on Ojayy's post offered recommendations for alternative brands. One rose above: Mazda . 'Mazda is the new secret IYKYK,' one wrote. 'Mazda is just as good without the hype,' a second chimed in. 'Mazda is lowkey slept on, very reliable; on level with Hondas and cheap since people don't buy them like crazy. The only issue is no touchscreen Apple CarPlay,' a third agreed. Mazda has quietly earned a respectable reputation with quality. According to RepairPal , Mazda scored a 4.0 out of 5.0 for reliability rating, ranking 5th out of 32 brands. Additionally, Mazda ranked higher than both Toyota and Honda in a J.D Power analysis of the mass market segment. Mazda was second overall, with Toyota coming in third in the rankings. Buick came in first. How is the Used Car Market in General? According to NerdWallet , as car inventory decreased, new and used car prices skyrocketed and remained elevated. Here are a few reasons why the price increased in recent years: Semiconductor chip shortages led to supply chain delays during COVID-19, Inflation led to higher labor and manufacturing costs, which factored into the price of the vehicle for buyers to cover, and Most new cars have advanced technology, larger infotainment screens, and driver assist programs that all add up to the overall cost. With new tariffs going into effect, this increase in prices may not go away anytime soon. One person who commented on Ojayy's post lamented this increase and agreed with his assessment about Hondas and Toyotas. 'To be fair, the car market is not good right now in general—new or used—but I see what you're saying,' they wrote. Motor1 has contacted Ojayy via TikTok direct message. This story will be updated if he replies. More From Motor1 'Always Bring a Mechanic!:' Driver Buys Honda On Facebook Marketplace. Then They Have to Get Towed Minutes Later Honda Explains Why 'Electric Cars Are Not the Goal' 'He's Not Gonna Get Approved:' Retiree Collecting $1,500 Monthly Eyes Toyota Avalon Hybrid at Dealership. Can He Afford It? Toyota Wants to Use Its New Gas Engines for Everything Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Yahoo
2 days ago
- Automotive
- Yahoo
Corvette E-Ray Struggles to Hold Value in Resale Market
⚡️ Read the full article on Motorious Chevrolet's Corvette E-Ray is struggling in resale value, with weak auction results compared to other C8 variants despite strong performance credentials. Chevrolet's Corvette E-Ray, the first hybrid and all-wheel-drive model in the iconic sports car's history, has not matched the strong resale performance of its C8-generation stablemates. Positioned between the Stingray and the track-focused Z06, the E-Ray promised Z06-like acceleration with the fuel efficiency of a Stingray. Early reviews praised its blend of V8 power and electric assistance, but recent auction results suggest tepid demand in the secondary market. Since spring 2024, Mecum Auctions has listed seven E-Rays, selling only one — a convertible with the ZER Performance Package and nine miles on the odometer — for $151,250. The rest failed to meet reserve, with the latest drawing a high bid of just $85,000. Online sales have been similarly mixed. Bring a Trailer has offered five E-Rays; two sold for $103,000 and $96,000, while three did not meet reserve. Cars & Bids listed two in 2024, neither of which sold. The most notable outlier was a Seawolf Gray Tricoat 3LZ Coupe that brought $148,500 at Barrett-Jackson's 2025 Scottsdale auction. The numbers mark a sharp contrast with earlier C8 variants. Since the model's 2020 debut, Stingray and Z06 owners who secured early allocations often turned quick profits by flipping their cars online. That trend has yet to materialize for the E-Ray. Analysts point to several possible factors: Corvette buyers may be less enthusiastic about hybrid technology, concerns about long-term reliability may play a role, or timing may have dampened demand, as the Z06 was already available and the anticipated ZR1 was on the horizon when the E-Ray launched. Despite the cooler reception, the E-Ray remains a high-performance machine commanding six-figure prices. Whether it will see stronger resale interest over time may depend on market perceptions and the pace of hybrid acceptance among Corvette loyalists.
UAE Moments
10-07-2025
- Automotive
- UAE Moments
Cars Dominating Dubai 2025: 10 Rides You'll See Everywhere
Ever cruised past the fleet of SUVs on Sheikh Zayed Road and thought, 'Which cars are dominating Dubai in 2025?' From beefy V8s to smooth electric rides, Dubai's streets are alive with style, capability, and investment-worthy resale value. In this post, we'll walk you through the top 10 cars dominating Dubai roads —from off-road beasts like the Nissan Patrol to tech-savvy EVs like the Tesla Model Y. We'll break down why each ride is so popular, back it up with market stats, and answer your burning questions. Strap in—your next city crush might just be on wheels. Top 10 Cars Dominating Dubai Roads in 2025 Nissan Patrol The Nissan Patrol is a full-size V8 SUV built for both dunes and boulevards. In early 2025, it saw a 41% year-over-year sales jump thanks to its 4×4 capability, premium interior, and strong resale value. It's the go-to choice for anyone craving performance and presence in Dubai. Toyota Land Cruiser Toyota leveled up the Land Cruiser game this year with a hybrid version boasting a twin-turbo V6 and electric assist—457 hp and 790 Nm of torque, paired with better fuel efficiency. Priced between AED 389,900 and AED 425,000, it delivers robust heritage, luxury features, and eco chops in one package. Toyota Hilux This rugged pickup isn't just about durability—it saw a 52.3% sales increase in Q1 2025. With modern Toyota Safety Sense tech, cabin refinements, and double-cab versatility, the Hilux is as practical as it is tough. Mercedes‑Benz G‑Class The G-Wagon is Dubai royalty on wheels. With 422–577 hp, luxury MBUX tech, and annual rental boosts over 30%, it holds status like few others—assuming you can stomach the AED 759,900 to 1M+ price tag. Tesla Model Y The Model Y commands nearly 60% of UAE's EV market and delivers 384 hp, a 0–100 kph sprint in 4.8s, and up to 622 km range. Priced from AED 198K to 239K, its minimalist cabin, massive touchscreen, and fast charging make it a clean, future-driven pick. Hyundai Tucson The Tucson offers standout style, tech-packed interiors, and solid bang-for-buck. With UAE prices between AED 99K–135K and a top speed of 201 kph, it's a top mid-size contender with real curb appeal. Mitsubishi Pajero Built tough for desert runs and city cruises alike, the Pajero starts at AED 160K with a spacious 235–600 L boot and 5–7 seats. Its durable design and off-road capabilities make it a beloved icon. Lexus RX Starting at AED 285K, the RX 350 and hybrid RX 350h/500h blend luxury comfort with hybrid efficiency. With premium interiors, hybrid powertrains, and quieter rides, Lexus is riding high in Dubai's luxury hybrid scene. BMW X5 A high-performance mid-size luxury SUV from AED 329K–391K, the X5 balances German engineering with city-ready grace. With M Sport packages and 340–530 hp, it's a favorite among premium crossover fans. Kia Seltos Compact, edgy, and loaded with features, the Seltos starts at AED 74,990. Think sunroof, big infotainment screen, and advanced safety tech—all in a trendy subcompact ride that resonates with Dubai's on-the-go millennials. Market Stats & Data Here's what's driving these sales: In 2025, around 200,000 new vehicles were sold in the UAE, with SUVs claiming 45% of the market. The Nissan Patrol led with a 41% Q1 spike, while EVs surged 62%. Tesla captured 60% of the growing electric segment. FAQs & Common Concerns Why are SUVs ruling Dubai? Full-size SUVs dominate thanks to desert terrain, family space needs, and resale strength—perfect for balancing performance and luxury. 🔋 Are EVs practical in Dubai's climate? Absolutely. With rapid charging infrastructure and Tesla dominating the electric sector, EVs are no longer futuristic—they're happening. 🏁 Luxury SUV or Hybrid Crossover? Want eco-credentials and comfort? Go for the Lexus RX. After prestige and power? Choose the BMW X5. Both stand strong in Dubai's fast-paced auto scene. Quick Takeaways SUVs dominate Dubai, accounting for nearly half of 2025's car sales. Patrol & Land Cruiser lead for durability and status. Tesla Model Y is the UAE's EV powerhouse. Hyundai Tucson offers great value with style. Luxury hybrids like Lexus RX are rising fast. Compact SUVs such as Kia Seltos deliver tech-rich affordability. Resale value, performance, and eco trends shape buyers' choices. So there you have it— Dubai's top 10 rides in 2025 spotlight a mix of raw power, luxury, and innovation. From robust SUVs made for desert runs to sleek EVs and hybrids, they reflect the city's blend of daring lifestyles and forward-thinking trends. Whether you're after muscle, silence, green credibility, or tech sophistication, Dubai has the ride to match. Curious to test-drive one? Hit up a local showroom and feel the vibe yourself.
