2015 Nissan Versa Note <b>Priced</b> At $14,990, New SR At $18,340 |
- 2015 Nissan Versa Note <b>Priced</b> At $14,990, New SR At $18,340
- Used Luxury-<b>Car Prices</b> Continue Slide in March - KickingTires
- Are Rising <b>Car Prices</b> a Good Thing for the Economy? - General <b>...</b>
- NADA Used <b>Car</b> Guide: Wholesale <b>Prices</b> Moderate in April - Top <b>...</b>
| 2015 Nissan Versa Note <b>Priced</b> At $14,990, New SR At $18,340 Posted: 29 May 2014 04:08 AM PDT ![]() 2015 Nissan Versa Note SR 2015 Nissan Versa Note SR
ALSO SEE: Google Debuts Its First Autonomous Car: Is This The Future Of (Non) Driving? Bringing a sportier style to the lineup, the new Versa Note SR (shown above) starts at $18,340, and it includes cosmetic upgrades like sporty front and rear fascias, fog lights, smoked headlights, a rear liftgate spoiler, 16-inch wheels and "suede-like" seats. Also new for 2015 is the Versa Note SL. For 2014, the SL was a package on the SV trim level, but it is now the range-topping, stand-alone trim starting at $18,770. This trim comes standard with heated front seats, a backup camera, NissanConnect with Mobile Apps and the adjustable cargo area load floor. The Versa Note SL can also be equipped with navigation and heated mirrors as a part of the $790 Tech Package. Adding the SR and SL now gives the 2015 Nissan Versa Note a total of five trim levels from which customers can choose, including the base Versa Note S, which receives a slightly higher starting price of $14,990. This represents an increase of $190 compared to 2014, but the Versa Note S now comes standard with Bluetooth phone pairing and is still one of the lowest-priced hatchbacks on the market. With this starting price, the 2015 Nissan Versa Note is $1,325 less than the new Honda Fit, $435 less than the ever-popular Ford Fiesta hatchback and it's even $525 less than aged Mazda2. DON'T MISS: 2014 Subaru Forester: SUV, Crossover, Or Wagon? We Try To Define Matching the base S trim, the starting price of the S Plus trim also increases by $190 to $16,240, and adds standard equipment like Nissan's Xtronic continuously variable transmission, active grill shutters and cruise control. The biggest price jump for 2015 is to the SV trim level, which climbs $340 to $17,140. The 2015 Nissan Versa Note is on sale now, and all of the above prices include the required $810 destination charge. ___________________________________________ |
| Used Luxury-<b>Car Prices</b> Continue Slide in March - KickingTires Posted: 27 Mar 2014 06:56 AM PDT Models from luxury brands accounted for seven of the top 10 used cars with the biggest price drops in March. That's the same number of luxury brands we saw on the list last month. Overall used-car prices held mostly steady in March, down just $6 to an average of $23,243. Used Luxury-Car Prices Drop Most in February Luxury brands had the majority of cars on the list, but the Chevrolet Volt extended-range electric car experienced the biggest price drop. It was down 3.1 percent ($811) to $25,000. This winter has not been kind to used Volt prices, which are down 10.5 percent ($2,922) since Dec. 1, 2013. Among cars with the biggest price gains, the Ford E-250 Super Duty full-size van led all models for the second month in a row. It was up 2.6 percent ($548) to $21,946. Most of the models in the top 10 were cars and trucks from mainstream brands, but one luxury car — the Mercedes-Benz SL-Class roadster — made the list with a 1.9 percent ($1,536) increase to $82,138. The charts detail used cars from the 2011 to 2013 model years with the biggest price drops — as well as those with the biggest gains. To be eligible for the lists, a model had to have at least 250 cars in Cars.com's national inventory. Cars.com photo by Evan Sears |
| Are Rising <b>Car Prices</b> a Good Thing for the Economy? - General <b>...</b> Posted: 15 Apr 2014 12:58 PM PDT Despite the highly promotional theme that seems to always be present in the car sales market, it turns out that new vehicle prices have been rising steadily over the past five years. This is after a period of consistent declines from 1998 to 2008. Sterne Agee's Michael Ward has a report out on Tuesday showing the trends that both new and used vehicle prices were up again in March. The question we would ask is if your paying more for a new car (or used car) is actually better for the economy as a whole. The most recent data from the Bureau of Labor Statistics also accounts for the notion that retail incentives have been in a tight range over the past four years, averaging about 8% of the gross transaction price. His report considers that positive pricing and declining costs have contributed to record financial performance for the auto sector. It will be interesting to see how this trend plays out with the recalls of the General Motors Co. (NYSE: GM) cars. Ford Motor Co. (NYSE: F) is actually seeing a rise in its shares after reporting strong sales trends in Europe, but Sterne Agee's report is aimed solely at U.S. vehicle sales. Sterne Agee data shows that new vehicle prices in March were up 0.2% compared with the year-earlier period and used vehicle prices were up 0.1%. More importantly, new vehicle prices rose by an average of 1.1% in 2013, the fifth consecutive annual increase after declining in 10 of the 11 years between 1998 and 2008. Year to date 2014, new vehicle prices have increased 0.2%. Used vehicle prices decreased an average of 0.3% in calendar year 2013 according to the BLS, versus a 0.9% increase in 2012. Used cars are exceeding new cars in 2014 as well, as the Sterne Agee report shows that used vehicle prices have risen 0.7%. The report further says:
Ward also points out that U.S. dealer inventory levels ended March at 3.7 million units, the highest comparable level since 2006 — dealer inventory levels typically peak in March and move 15% lower by the end of August, and Ward expects a similar move this year. So, how much is an average transaction price? $31,021 per unit in 2013, up 1.7% from the last year — and monthly comps have been consistently positive for more than three years. The average transaction prices was also up 1.7% in the first quarter. By maker, the report shows the following for the month of March:
Again, Sterne Agee's report said:
Manheim Consulting's Used Vehicle Value Index totaled 124.4 in March, up 3.3% versus the year-earlier period — the highest value since May 2012. The Adesa wholesale price reading in March averaged $10,429, up 6.0% compared to February and up 4.0% versus the year-earlier period. It may seem silly to think that rising car prices is a good thing for you or for the economy. But consider a few things here. This helps when you want to sell your used car. This keeps the auto industry strong — which is good for jobs. |
| NADA Used <b>Car</b> Guide: Wholesale <b>Prices</b> Moderate in April - Top <b>...</b> Posted: 13 May 2014 01:00 AM PDT May 13, 2014 McCLEAN, Va. — No longer influenced by winter weather, wholesale activity steadily returned to normal in April, the NADA Used Car Guide reported this week. The firm, however, did spot the onset of seasonal softness as the month progressed. Following March's pronounced 3.7% rise, the average price of units up to eight years in age fell by 1.1% in April, essentially equal to the 1% rate of decline recorded for the month the past two years. The month's performance caused little change in the NADA's seasonally adjusted used-vehicle price index, which was tied with March as the highest figure reached at 125.8. "Price movement at a segment level was directionally in line with the NADA's expectations as prices dropped the most for the segments that experienced the biggest increases in March," the firm stated in its May report. After rising by an average of nearly 4% in March, prices for mid-size cars, utilities and vans fell by an average of 1.3% in April. Compact utility prices and vans fell by an average of 1.3% in April. Compact utility prices followed suit, dropping by 1.2%, while compact prices slipped by a less-severe 0.8%. "While prices for all compact cars and utilities and mid-size cars were lower in April, it's worth noting that depreciation was on average one percentage point less than what was recorded for the month last year," the report stated. "Mid-size utility depreciation matched last year's pace, while the mid-size van fall was nearly one point greater." In a reversal from a months-long trend, large pickup depreciation was among the market leaders, as prices for the segment fell by 1.3% last month. April's decline was the third largest recorded for the segment in the past two years, trailing the 1.6% and 2.4% drops recorded last September and October. Prices for luxury utility and luxury car prices fell by 0.6% and 1%, respectively, while large SUV prices dipped by just 0.4%, the least of any segment. On an annual basis, market prices through April were 2.3% higher than a year ago. With prices up 11.5%, large pickups continue to overshadow other segments in this area. The next closest segment was large SUVs, which experience an annual price growth of 7.6% — nearly 4 percentage points lower than that of pickups. Mid-size utilities and vans also continue to exhibit exceptional annual gains in prices, the firm reported. "Prices for the two segments were up by an average of 4.5% year to date, and it's been more than 18 months since prices for either have been lower on a prior-year basis," the report stated. Compact utility, compact car and mid-size car prices were 1.5% to 2.9% higher on a year-to-date basis, while luxury utility prices were up by 0.9%. Luxury car, which was down 1.7%, was the only segment with prices lower than they were a year ago. |
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