May Mid-Month Used Price Update

Depreciation over the first half of May has been more or less consistent with the trends we’ve observed over the first four months of the year.

To date, prices this month of vehicles up to eight years in age have dropped by 2.7% relative to April. That figure equals NADA’s forecast for the entire month. While it’s certainly possible for prices to move even lower in the coming weeks, the fact depreciation slowed from well above 3% in the first week of the month to its current rate suggests May will close with prices near current levels.

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BMW Resurrecting ZHP Package on 2016 4 Series

Known for creating highly sought after special edition cars, BMW is at it again with the 2016 4 Series. In 2003, BMW released a ZHP performance package for the E46 3 Series. It featured all sorts of go-fast parts and was said to be the closest thing BMW had to a four-door M3 at the time. It has since developed a cult-like following, driving prices up on these hard to find editions. According to Motor Authority, the ZHP package will make its way back into production for 2016 on the 435i. 

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Ford Explorer to Reach New Heights with Platinum Trim

With the debut of its fifth-generation Explorer for the 2011 model year, Ford made tremendous strides improving its renowned SUV. Customers were quick to take notice as nearly 82,000 more registrations were achieved in 2011 versus the previous year (+182%). The Explorer went on to perform better each year thereafter with just under 211,000 vehicles registered last year. Ford is now number one in the segment ahead of models such as the Toyota Highlander, Honda Pilot, Jeep Grand Cherokee, and GMC Acadia. However, with the reveal of the 2016 refresh at the 2014 Los Angeles Auto Show, Ford has shown it’s eager for even greater success over the years to come.

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Small Performance Car Not on Chevrolet’s Agenda

In 2012, Chevrolet hinted at a small performance coupe when it teased the 130R concept at the Detroit Auto show. A small rear wheel drive coupe that looked more than capable of taking on the Subaru BRZ and Toyota FR-S had gearheads excited. Sadly, in a recent interview with Mark Ruess, product chief at General Motors, Automotive News reports that a small performance car is not in the cards. 

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Stair-Step Incentives Are Back for Ford

Ford Motor Co. has dusted off some old tricks in order to help boost sales by way of old-school stair-step incentives. So far the ploy seems to be working. Ford was able to grow sales by 6% in April, which was much better than the 3.7% loss the brand recorded in March. New product like the Mustang, Edge and F-150 certainly help, but the allure of added profits undoubtedly pushed dealers harder as well.

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Audi Reveals 2016 A4 Pricing

Audi is set to debut the next iteration of the A4 at the Frankfurt Auto Show in September.  As the public anxiously awaits its arrival, Audi has announced pricing for the 2016 model. According to Motor Authority, the 2016 A4 will be priced from $36,825 with an additional $925 destination charge. 

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Used Review: 2014 Land Rover Range Rover Sport V8

The 2014 Land Rover Range Rover Sport loaned to us by the well-tailored folks at Land Rover both amazed and impressed us. In all though, our time with this bespoke, yet athletic vehicle made it quite clear why there is such a loyal following with the Land Rover brand.

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New Vehicle Spiffs Rise Noticeably In April

According to Autodata, automakers elected to hold the line on incentives over the first three months of the year following a two year period of steady increases. But the year’s short-lived streak was broken last month, as manufacturers increased incentive spending by 3.2% compared to last April to an average of $2,671 per unit. The month’s moderate rise placed spending year-to-date 1% higher than it was over the period last year.

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Cadillac Hints: More Potent ATS-V Coming

Cadillac’s answer to German powerhouses BMW and Mercedes-Benz came in the form of its V-Series spec’d cars. With its latest update, Cadillac appears to be taking aim at BMW M3/M4 and Mercedes C63 performance-oriented vehicles.  According to Motor Authority, Cadillac has hinted a more aggressive version of the ATS-V is in the works. 

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Subaru Expands STi Lineup with Higher Performance BRZ Model

Back in the mid-2000s when the Sony PlayStation 2 was around, a strangely fascinating and critically-acclaimed video game surfaced from the Land of the Rising Sun by the name of Katamari Damacy. In the third-person puzzle-action game, the god-like King of All Cosmos accidentally removes all the stars from the sky and tasks his diminutively-sized son, the Prince, to go to Earth and help rectify the situation. Equipped with a rolling katamari – a magical ball that causes anything smaller than it to stick to it – the Prince is charged with amassing sufficient material to recreate the stars and constellations.

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