Category: Automotive Deals

Most Expensive Toyota Grand Highlander Costs Nearly $60k

By on June 9, 2023

Automakers can’t have one three-row SUV anymore. They need to have multiple options that fill in the tiny gaps within their lineups. For Toyota, there was a substantial hole between the midsize Highlander and the large Sequoia. With the launch of the all-new 2024 Toyota Grand Highlander, Toyota has filled that gap. For consumers who think the Highlander isn’t big enough, but the Sequoia is too big, the Grand Highlander could prove to be the perfect fit and it doesn’t cost much more than the Highlander, either with a starting price tag of $44,405 ( with destination). That figure is…

M&A activity related to electric vehicles will decrease in the automotive industry in 2023

By on June 7, 2023

In value terms, electric vehicles-related deal activity increased by 425% in Q1 2023 compared with the previous quarter’s total of $419.2m and fell by 16% as compared to Q1 2022. Related deal volume decreased by 23% in Q1 2023 versus the previous quarter and was 19% lower than in Q1 2022. The top-ranked financial advisors supporting these M&A deals in Q1 2023 were ACP Capital Markets; Benchmark Investments; Rothschild & Co with 1, 1, 1 deals respectively. The top-ranked legal advisors supporting these M&A deals in Q1 2023 were J Sagar Associates; Jones Day; Norton Rose Fulbright with 1, 1,…

Best New Car Deals for Memorial Day 2023

By on June 5, 2023

The cars listed below—all 2023 models—appear in descending order of the potential savings off the manufacturer’s suggested retail price. To show specific pricing examples, we highlighted specific, popular versions. The potential savings span from 10 percent to 6 percent off the original MSRP—and this often holds true across the model range. There are typically regional deals that highlight these national offerings. They can be found through our Build & Buy Car Buying Service. We also list the average transaction price for each example, reflecting what others have recently paid. Ultimately, that is the number to beat with your negotiation. Securing…

There Are New Car Deals to Be Had This Memorial Day

By on June 3, 2023

For the past few years, new-car prices have obviously been climbing, so it’s nice to learn that there are some traditional Memorial Day deals out there this year. With the pandemic fading away and the related supply-chain problems sorting themselves out, we’re back to perks like low financing offers and factory discounts. The best deals available knock around 10 percent off the price of the car but don’t expect that sort of sale on everything on the lot. For years, Memorial Day has been on the rotation for holidays that often come with deals at local car dealerships. It’s the…

2024 Chevy Colorado Adding ZR2 Bison Off-Road Truck

By on June 1, 2023

For most people, the Chevrolet Colorado ZR2 offers plenty of performance for high-speed desert runs or slow-speed rock crawling. But there are a select few that will require more. For those drivers, the bigger and badder 2024 ZR2 Bison should fit the bill. Just like last year, Chevrolet has partnered with American Expedition Vehicles (AEV) to make the ZR2 even more capable. The amped-up Colorado ZR2 will once again utilize the Bison name and come with a host of upgrades that make it look more menacing and more capable off-road than the regular ZR2. A lot of the large components…

New Car Deals: Is Memorial Day a Good Time to Buy a Car?

By on May 28, 2023

Many companies featured on Money advertise with us. Opinions are our own, but compensation and in-depth research determine where and how companies may appear. Learn more about how we make money. Memorial Day weekend is one of several holidays the auto industry celebrates with sales and special marketing, but does that mean it’s actually a good time to shop for a new car? For similar reasons as mattress companies, department stores and other businesses, automakers and car dealerships run Memorial Day promotions aimed at increasing sales around the long weekend. It can be difficult to parse the difference between a…

Mullen Automotive Stock: Not Worth Your Hard-Earned Money (MULN)

By on May 28, 2023

Mario Tama Mullen Automotive Inc. (NASDAQ: MULN) is an electric vehicle company based in Brea, California. It manufactures and distributes electric vehicles, including passenger and commercial vehicles, according to Seeking Alpha’s description. They’re also known for their solid-state polymer battery technology, which should have changed the concept of electric vehicles a few years ago, judging by articles written by previous authors. I came across this company rather by accident – one of the articles ended up in Seeking Alpha’s “Trending Analysis” section, and I decided to take a closer look. What I found surprised me, to say the least –…

Mullen Automotive gives updates on EV deals, factories

By on May 26, 2023

Mullen Automotive Inc. MULN, -15.21% gave a business update before market open Monday, with the electric vehicle maker providing details of its latest factory developments and a recently announced $15.8 million contract with MGT Lease Company. The fleet sales and leasing provider took delivery of Mullen’s EV Cargo Vans earlier this year. “The company afterward signed a vehicle purchase agreement, as announced on May 11, 2023, for 250 all-electric commercial Class 3 Cab Chassis EV Trucks,” said Mullen Automotive, in the update. “The contract is valued at $15.8 million and MGT expects to take possession of the vehicles between August…