Industry Insights

2022 Honda Insight: Find the Best Trim for Your Needs

The 2022 Honda Insight is a fuel-efficient, hybrid-powered compact sedan that comfortably seats five passengers. Based on the popular Honda Civic, it offers a smooth driving experience and impressive fuel economy—up to 55 mpg on the highway. Competing with the likes of the Toyota Prius, Toyota Corolla Hybrid, Kia Niro, and Hyundai Ioniq, the Insight holds its own by offering classic Honda reliability, stylish looks, and a feature-rich package

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Motorvero

November 02, 2024

New Car Prices Decline Amid Supply Issues as Used Market Holds Steady

The automotive market is undergoing a major shift as new-car prices dip, largely driven by surplus inventory in select brands. Jeep, Ram, Dodge, and Chrysler, all Stellantis brands, have seen notable inventory increases, which directly influenced their pricing strategies. In September 2024, these brands held an average of 131 days of unsold inventory, significantly higher than the market average of 72 days.

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Motorvero

November 02, 2024

How to Qualify for Electric Vehicle Tax Credits

If you’re wondering how to get EV credits at tax time, you’ve come to the right place! This guide will help you navigate the complexities of electric vehicle (EV) tax credits, covering the past, present, and future of these incentives. With the growing push for clean energy and sustainable transportation, understanding how to take advantage of tax credits can make a significant financial difference for EV buyers.

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Motorvero

October 30, 2024

Can a Car Loan Help Your Credit? Everything First-Time Buyers Should Know

Looking to improve your credit score while getting a new car? Financing a vehicle can be a practical way to build your credit if done correctly. Learn how a car loan can impact your credit score and the strategies to leverage it for long-term benefits.

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Motorvero

October 25, 2024