Credit to Author: Zachary Shahan| Date: Sun, 19 Jan 2020 00:00:02 +0000
The Tesla Model 3 continued to hog the throne on top of the US premium-class car market at the end of 2019. For the full year, the Model 3 accounted for 23% of small and midsize luxury car sales. In other words, nearly 1 out of every 4 small or midsize luxury cars sold in 2019 was a Tesla Model
Credit to Author: Zachary Shahan| Date: Sun, 19 Jan 2020 00:00:02 +0000
The Tesla Model 3 continued to hog the throne on top of the US premium-class car market at the end of 2019. For the full year, the Model 3 accounted for 23% of small and midsize luxury car sales. In other words, nearly 1 out of every 4 small or midsize luxury cars sold in 2019 was a Tesla Model
Credit to Author: Zachary Shahan| Date: Sun, 19 Jan 2020 00:00:02 +0000
The Tesla Model 3 continued to hog the throne on top of the US premium-class car market at the end of 2019. For the full year, the Model 3 accounted for 23% of small and midsize luxury car sales. In other words, nearly 1 out of every 4 small or midsize luxury cars sold in 2019 was a Tesla Model
Credit to Author: Zachary Shahan| Date: Sun, 12 Jan 2020 04:40:27 +0000
I recently decided to take a closer look at BMW USA sales over the past 6 years in order to try to examine how much BMW was being hurt by Tesla’s popularity in the United States. Part of the reason for doing that is that recent Bloomberg research highlighted BMW as the auto brand most hurt by and most vulnerable to Tesla
Credit to Author: Zachary Shahan| Date: Sat, 14 Dec 2019 05:01:49 +0000
The Tesla Model 3 continues to dominate the US premium-class car market. In fact, it has dominated this market to such an extent that it has more sales in 2019 than all of BMW’s small & midsize models combined, all of Mercedes-Benz’s small & midsized models combined, all of Audi’s small & midsized models combined, all of Lexus’s small & midsized models combined, etc
I wrote the other day about how crazy it is that there are still tens of thousands of Americans buying Toyota Camrys and Honda Accords month after month. Amidst the hundreds of thousands of views on that story, some people griped that the purchase price of a Model 3 is considerably higher than the purchase price of an Accord or Camry. A point I alluded to repeatedly is that the Model 3, despite a higher purchase price, may well have a lower 5 year cost of ownership than an Accord or Camry for many people. Yes, I’m sure there are some Accord and Camry buyers who couldn’t get financing for the ~$39,000 base price of a Model 3, but there are certainly many other Accord and Camry buyers who could quality for financing for a Tesla Model 3 — and then would reap financial savings over time while enjoying a much better car. But that’s all moot for the focus of this article — luxury cars
Credit to Author: Guest Contributor| Date: Sat, 17 Aug 2019 05:11:35 +0000
To regular readers of this column, it will be no surprise that Tesla’s Model 3 is cheaper on a total cost of ownership basis than competing luxury sedans from BMW and Mercedes, but a Toyota Camry? Model 3 is a state-of-the-art electric vehicle with a 5-star safety rating and a driving experience that’s gotten rave reviews from every auto mag under the sun. Is it possible that it’s even in the same price class as the entry-level, reliable-but-dull Camry