Cost Of Changing Your Car
In 2021, the values of good used vehicles have actually increased. Yes, you read that right in fact, those boosted prices have seen some of the winners in the 2020 Used Car Awards knocked off their perches. Its not unusual for some models to cost you £1,500 more this year than last according to pricing specialist CAP HPI, the value of three-year-old cars grew by an average of 13.5 per cent in the three months to July 2021.
Thats due to around one million fewer cars being registered over the past 18 months, thanks to lockdown restrictions and the resulting factory shutdowns, plus an ongoing shortage of semiconductor components.
With such a price increase, its easy to put off that used purchase. But before you do, consider this the real cost of your new car is the cost to change not simply the screen price youll see in the virtual or bricks-and-mortar showroom. And that cost to change could be a lot less than you think, not least because older models are also worth more. CAP HPI says values of five-year-old cars have increased by 7.7 per cent so in short, while the one youre looking at has got more expensive, its very likely your part-exchange will be worth more, too.
In order to calculate the cost to change, youll need to know the price youre paying for the car, the finance APR youll pay, less any incentives or price cuts the dealer offers, plus the value of your part-ex.
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My 2020 Brings Us A Number Of Exciting All
The automotive industry is definitely heading into an interesting direction with crossovers steadily taking the reign. Furthermore, every automaker worth its salt has already started implementing an electrification strategy that should start bearing fruit come MY 2020. In that regard, even the near future 2020 new cars are radiating the kind of excitement that would otherwise be expected from vehicles scheduled to arrive at a much later date.
Here, well reflect exclusively on all-new models that have never had the pleasure to grace our roads before and the iconic models that are making a comeback after a prolonged period of absence from the markets. Whether theyre EVs, hybrids or conventional internal combustion models doesnt really matter all we care about is that theyre models that either have been absent from our roads for some time or have never seen them.
We also wont discriminate on the respective models body style and class basis. Expect a wide range of vehicles from family cars to supercars, but every one of them will instantly earn a special place in many a car enthusiasts hearts when they roll off the assembly lines in 2020.
Without further ado, here are some of the best 2020 new cars we can expect to see in a year or so.
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The Best Luxury Car: Mercedes
Why should you buy this: Its the luxury sedan that says, Ive made it.
Whos it for: Executives, entrepreneurs, rappers.
How much will it cost: $94,250+
Why we picked the Mercedes-Benz S-Class:
The S-Class has served as the flagship of the Mercedes-Benz lineup for decades. It has long been the measuring stick by which luxury cars are judged, we wrote when we drove the current version of it. Its well into its sixth generation, but it was recently updated with minor visual tweaks, new engines, and a lot more tech features under the skin.
Living up to its motto, The best or nothing, Mercedes ensured the S is comfortable regardless of whether the owner is driving or being driven. The sedan coddles its occupants with a spacious, well-lit cabin thats as quiet as a bank vault, and it offers some of the most comfortable seats youll ever sit in.
Theres a Mercedes S-Class to suit every luxury buyers need. The lineup includes an entry-level model with a six-cylinder under the hood, a V8-powered model, an immensely powerful variant made by Mercedes-AMG, and a pair of ultra-luxurious Maybach-badged models. In addition to the sedan, Mercedes offers S-Class coupe and convertible models.
Mercedes-Benz will introduce a new S-Class for the 2021 model year.
Why should you buy this: Its the jack-of-all-trades.
Whos it for: Motorists seeking a car that can do it all.
How much will it cost: $26,795+
Why we picked the Subaru Outback:
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The Best Day Of The Week To Buy A Car
If you want to further optimize your savings on a car purchase, buy your car on a Monday.
Most people do their car shopping on the weekend. Not many think about going to a car dealership in the middle of a Monday ready to negotiate.
On average, people save up to .61% more when buying a car on a Monday than Sunday . This could be chalked up to the fact that EVERYONE goes to buy a car on Sunday.
Check out the chart below to see the average savings on the market price of a car by day.
|Day of the Week|
If the stars align for the last day of the month to fall on a Monday, you can get even more leverage. In 2019, September 30th was a Monday! If you missed it, dont worry. Itll happen again in 2024.
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The Best Sedan: Honda Accord
Why should you buy this: Its the quintessential midsize sedan.
Whos it for: Anyone who needs a car.
How much will it cost: $24,270
Why we picked the Honda Accord:
Along with its rival, the Toyota Camry, the Honda Accord has long been the default choice for a vast swath of U.S. car buyers. The name Accord is so associated with quality and reliability that Honda could probably sell it even if the seats were covered in spikes. But the latest Accord definitely earns its reputation.
The last redesign added some zest to the Accord, which is known for being both incredibly competent and somewhat dull. The current model borrows styling cues from the smaller Honda Civic, giving it a more stylish appearance that wont offend buyers who just want to blend in with traffic. Honda also increased rear legroom and trunk space.
The Honda Accord also represents a good tech value. Every Accord trim level includes the Honda Sensing suite of safety features , as well as a backup camera. A 7.0-inch touchscreen display is standard, and an 8.0-inch unit with Apple CarPlay and Android Auto compatibility is optional.
Midsize Sporty Car: 2020 Ford Mustang
Few automotive nameplates have reached true icon status, but the Mustang is one of them. And the 2020 Ford Mustang, in coupe and convertible form, is arguably one of the best ever. From the basic turbocharged EcoBoost to the track-shredding Shelby GT500, and with the legendary GT and retro Bullitt in between, there is a Mustang to suit just about anyone.
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Which Suv Should I Buy
While the perception is that SUVs are larger and more practical than their hatchback, sedan or wagon counterparts, this can change depending on which one you choose. Each of the three main SUV size categories now have luxury, hybrid and diesel options, so there is now plenty of choice in this segment.
|Best SUVs by price|
The Best Hybrid: Toyota Prius
Why should you buy this: The Prius continues to define the hybrid category.
Whos it for: Anyone who hates visiting the gas station.
How much will it cost: $24,325+
Why we picked the Toyota Prius:
The name Prius is synonymous with hybrid, and for good reason. Toyotas bestselling hybrid continues to prioritize fuel economy above all else, and though efficiency is its main goal, the Prius doesnt ask buyers to make any major compromises except maybe in the styling department. The jury is still out.
The Prius is the most fuel-efficient hybrid around, getting an Environmental Protection Agency-rated 56 mpg combined in Eco trim. Thats thanks to Toyotas tried-and-true Hybrid Synergy Drive system and a 1.8-liter four-cylinder engine that achieves 40% thermal efficiency, which is much higher than most engines. The Prius also achieves a very low drag coefficient of 0.24, meaning its fairly aerodynamic, which helps improve efficiency. Toyotas designers managed to do that while maintaining a roomy cabin and useful hatchback shape.
The current-generation Prius is also appreciably sportier than previous models, thanks to changes like a lower center of gravity and a more sophisticated double-wishbone independent rear suspension system. Like other Toyota models, the Prius also gets the Toyota Safety Sense suite of driver-assistance features as standard equipment.
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Review The Contract And Take Delivery
It’s not well known, but you can often arrange to have the vehicle delivered to your home or workplace. This option allows you to sign the paperwork in a relaxed environment, skip the trip to the finance and insurance office, and avoid many car-buying pitfalls. Wherever you finalize the deal, call your insurance company and let your agent or customer service representative know that you’ll need coverage for your new ride.
Once the internet manager or salesperson arrives at your home , review the contract. You don’t have to read the whole thing, but do pay attention to such important details as the APR, total sale price, length of the contract, down payment, documentation fee and registration fees. Make sure your personal information is correct.
The process is mostly the same at the dealership, but you will do the paperwork in the finance and insurance office, where you’ll be offered additional products, such as theft-deterrent devices and extended warranties.
Midsize Premium Car: 2020 Cadillac Ct5
Remember the Cadillac CTS? Its gone, replaced by the 2020 Cadillac CT5, which comes in Luxury, Premium Luxury, Sport, and V-Series trim. Youll choose between a turbocharged 4-cylinder and a twin-turbocharged V-6 engine, and rear-wheel or all-wheel drive. Though technically a midsize car, the CT5 is priced more like a compact, adding value.
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Large Premium Suv: 2020 Lincoln Navigator
Starting next year, Lincoln will only sell SUVs. And at the top of the companys lineup, the Lincoln Navigator serves as the flagship model in both regular and extended-length body styles. You choose between Standard, Reserve, and Black Label trim, and every Navigator has a twin-turbocharged V-6 engine with plenty of power for towing, hauling, and accelerating.
What Is The Best Suv To Buy In 2020
Based on the results of our 2020 IQS and APEAL studies, these three SUVs are the best SUVs of 2020:
- BMW X6: Top-ranked in its segment in quality and overall appeal, and the top-ranked model of all vehicles in terms of overall appeal
- Jaguar E-Pace: Top-ranked in its segment in quality and overall appeal
- Nissan Armada: Top-ranked in its segment in quality and overall appeal
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Upper Premium Midsize Suv: 2020 Bmw X6
Moving up a rung on the luxury SUV coupe ladder from the BMW X4, youll find the 2020 BMW X6. It is redesigned this year, and the people who buy this SUV really like it in terms of both overall quality and overall appeal. Underneath the skin, the X6 is the same thing as the BMW X5, only with less interior and cargo room.
Looking To Sell A Car
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Top 11 Cheapest Cars In Canada In 2020
You have probably heard a friend or relative complain about how expensive new cars are getting, or maybe its a trend youve noticed yourself while shopping for a new vehicle.
Its easy to understand why automakers are jacking up car prices year after year, with stricter fuel economy and emissions regulations being implemented and safety technology like back-up cameras now mandatory equipment.
Luckily there are still quite a few affordable vehicles on sale in Canada in 2020. In this list, were going to count down the 11 cheapest cars you can buy in Canada, giving young families, students, or anyone else who may be shopping on a budget the perfect resource for finding an affordable vehicle!
Its important to note that just because a car is affordable, it doesnt mean its going to be terrible! Cheap cars used to be sort of a penalty box for drivers, but todays affordable cars are safe, full of useful features, and have a lot to offer.
Scroll below to see the list. Please note that the prices listed do not include freight and PDI fees, so budget a bit extra for those.
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The Most Reliable Cars Of 2021
In 2020, motorists who buy a new car rightfully expect it to provide many years of trouble-free operation. Warranties are gradually getting longer and more generous, too, so odds are an issue that occurs during the first few years of ownership will be covered by the manufacturer. Cars arent perfect, but theyre better than ever.
Compact Suv: 2020 Mazda Cx
The 2020 Mazda CX-5 is the companys best-selling model, and by a significant amount. Blending the enjoyable driving dynamics of Mazdas cars with the utility and available all-wheel drive of an SUV, the CX-5 comes in multiple trim levels with a choice between a 187-horsepower 2.5-liter 4-cylinder engine or a turbocharged version of that power plant making 250 horsepower.
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The Most Reliable Luxury Car
Why you should buy this: The Lexus GS proves more features doesnt necessarily mean more problems.
Who its for: Those who like a mix of style and comfort
How much will it cost? $51,065+
Why we picked the Lexus GS:
Lexus may be taking a risk with its current design language, but that doesnt mean owners should have concerns about reliability. Beneath its spindle grille and sweeping bodywork, the GS is every bit as dependable as its predecessors. While some competitors suffer from chronic electrical issues or mechanical failures that occur alarmingly early, the GS offers class-leading comfort with the peace of mind that comes from a Toyota product.
The base Lexus GS wont win any drag races if stacked against BMWs 5 Series or Mercedes-Benzs E-Class, but if its an endurance battle covering hundreds of thousands of miles, drivers can relax in their plush leather cabins while parts start failing off the competition. Additionally, if you really need to move quickly, the GS F offers a 5.0-liter V8 that puts 467 hp and 369 lb.-ft. of torque under the drivers right foot.
Ride quality is more important to luxury car buyers. Here, the GS jumps to the front of the pack with one of the most compliant, well-dampened rides you can find at any price point. Inside, the GS is a mix of analog and digital, and its as luxurious as the badge on the steering wheel suggests. It feels as well built as it looks, and it will stay that way over time.