Author: Lawrence K. Jacobs

FYI: Navigating the Maze of Car Trade-Ins: Maximize Your Vehicle’s Value with These Essential Tips No matter how cherished a car may be, there comes a time when it must fulfill its purpose for a family or owner and make way for a new ride. When that moment arrives, exploring your options to get the best price for your trade-in becomes crucial, whether you are trading it in, selling it, or passing it down to another family member. If you’re contemplating parting ways with your car, several avenues are available, but you should consider various factors before making a move.…

FYI: RM Sotheby’s is set to host an extravagant auction of classic German cars in Munich this November. Rev Your Engines for RM Sotheby’s High-Profile Munich Car Auction By Lawrence Jacobs, Editor at Automotive.fyi Collectors with a passion for German automobiles and a surplus of frequent flyer miles may want to mark their calendars for RM Sotheby’s prestigious car auction in Munich this November. This high-profile event promises to be a haven for enthusiasts seeking some of the finest classic cars ever made. Event Overview The third annual RM Sotheby’s Munich auction will take place on November 23rd at the…

FYI: Reliability remains a key factor in choosing used cars, with Lexus, Toyota, and Mazda leading the charge. Not so long ago, an automaker claimed in a commercial that "The best new cars make the best used cars." While it may come off as a marketing trick, the statement holds a substantial amount of truth. Consumer Reports (CR) recently set out to validate this concept by ranking the best brands and models for used car purchases, and as one might expect, there were few surprises among the top contenders. Consumer Reports’ Study on Used Car Reliability Consumer Reports conducted an…

FYI: Car buyers today boast an array of tools and resources to ensure they find the right vehicle at the right price. Despite this, common pitfalls can still lead to costly mistakes. Emotional impulses, combined with rushed decisions, frequently catch car buyers off-guard. Automotive experts share the most frequent mistakes and how to avoid them. Trading Vehicles with Negative Equity Negative equity, or "overdraft" and "underwater," describes owing more on a car loan than the car’s current value. According to a recent report, 25% of buyers trading in vehicles for new ones in the second quarter of 2024 faced this…

FYI: Chrysler’s future is looking uncertain as the brand consolidates its lineup to focus on a single model, while potential acquisitions and new concept reveals stir intrigue. Chrysler’s Bold Strides and Future Hints Chrysler has recently drawn significant attention, paralleling the scrutiny once given to Maserati. Currently, Chrysler’s lineup is pared down to just one model, the Pacifica minivan. Amidst this backdrop, the brand’s future direction seems obscured but intriguing. Leadership Shifts Gears on Upcoming Models CEO Chris Foer has ushered in significant changes, notably canceling the highly anticipated Airflow electric concept, which was slated for this year. Instead, the…

FYI: The 2025 Chevrolet Tahoe and Suburban have been unveiled, showcasing substantial updates and a notable price hike. The 2025 Chevrolet Tahoe and Suburban: Fresh Enhancements and Higher Costs The eagerly anticipated 2025 Chevrolet Tahoe and Suburban have finally made their debut in November 2023, bringing with them a plethora of enhancements and upgrades. However, prospective buyers should be ready for a steeper price tag compared to the 2024 models, reflecting both inflation and the extensive updates. Modern Facelift and Enhanced Suspension New Exterior Design The 2025 models feature a refreshed exterior, catching eyes with a new front fascia and…

FYI: Gen Z’s Car Choices Reflect Their Concerns for Fuel Economy and Climate Change There has been substantial debate about whether Gen Z is genuinely interested in cars. A recent survey by Insurify has shed some light on this topic, revealing that young people today do indeed have their preferred vehicles, similar to other generations. This survey ranked the top 10 car models by generation, emphasizing how younger demographics prioritize fuel efficiency, affordability, and ease of maneuverability. Consequently, small sedans are particularly favored among Gen Z. Gen Z’s Top 10 Favorite Cars: Honda Civic Honda Accord Toyota Camry Nissan Altima…

FYI: The Popularity of Car Models Among Different Generations Shows Unique Trends and Preferences In the 1980s and 1990s, discerning the preferred vehicles of older drivers was straightforward. Chances were high that your grandparents owned rugged American sedans like the Ford LTD, Chevrolet Caprice, or Lincoln Town Car. Fast forward to today, the preferences of older drivers have become less predictable. A recent survey by Insurify reveals that certain car models enjoy cross-generational popularity. Baby Boomers’ Favorite Vehicles The Ford F-Series pickup truck emerges as the top-choice vehicle amongst Baby Boomers. Here’s a list of the top 10 most popular…

FYI: Lincoln is stepping up its game with new features and pricing for the 2025 Nautilus and Corsair, making waves in the luxury SUV market. Lincoln’s Evolution: Stepping Up in Luxury Lincoln has come a long way from its days of underwhelming sedans with forgettable names like the MK series. The brand has transitioned into a powerhouse of luxury SUVs with eye-catching names and substantial features. Models like the Nautilus, Aviator, and Navigator have solidified Lincoln’s presence in the competitive market for luxury vehicles. Nautilus: A Detailed Look at the 2025 Model The 2025 Nautilus is making waves with its…

FYI: Plug-in hybrids are becoming more costly than electric cars, yet hybrids are seeing unprecedented demand. — ### Plug-in Hybrids: The Middle Ground in the Green Car Market If you’re eyeing a plug-in hybrid vehicle, it might be time to tighten your budget. These vehicles, equipped with both an internal combustion engine and a rechargeable battery, are designed to switch seamlessly between the two power sources. This makes them an appealing option for practical, eco-conscious buyers seeking the best of both worlds: electric efficiency and petrol reliability. ### A Renaissance for Hybrids The hybrid vehicle market, once seen as lagging,…