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Who Has The Best Car Deals & Incentives in Palm Beach Gardens?
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Volkswagen wants to beat Tesla at its own game
Tesla is making waves as the only automaker devoted solely to electric vehicles, but once the industry's heavy hitters step in, it's going to be a whole different game.
Herbert Diess, Volkswagen's brand chief, believes the German automaker can beat Tesla at its own game once it settles into its plan to sell a whole bunch of electric cars, the Financial Times reports. "Anything Tesla can do, we can surpass," Diess said in Germany at a press conference.
"Tesla is a competitor we take seriously. Tesla comes from a high-priced segment, however they are moving [to less expensive cars]," Diess continued. "It's our ambition, with our new architecture, to stop them there, to rein them in."
The hope is that Volkswagen will achieve electric vehicle sales of 1 million units by 2025. Volkswagen has already introduced a single EV platform, nicknamed MEB, which will underpin a number of different electric vehicles across its many brands, including Audi and VW itself.
VW already touted the MEB platform's flexibility in the past year as it showed off several different concepts. It started with the ID concept, which is about the size of a modern Golf. From there, it unveiled the ID Buzz concept, which replaced the small hatchback with a larger, minivan-like body. Its latest ID concept, the ID Crozz, took the same platform and adapted it to fit a crossover body. Clearly, it's flexible.
One million EV sales by 2025 is a solid goal, but if Tesla's production ramp-up goes as planned, it won't be enough to claim the crown. With Model 3 production slated to begin later this year, Tesla hopes to boost its assembly volume to 5,000 cars per week later this year and ideally doubling that by 2018. That would put Tesla at 500,000 cars produced per year a full seven years ahead of VW's goal. Of course, that assumes Tesla has the demand to meet those production targets.
Tesla has long been praised for doing things differently to traditional automakers. But now the industry is finally reaching the point where we'll be able to see who can do this whole EV thing better -- the stalwarts, or the upstarts.
6 New Car Buying Tips - How To Outsmart the Dealer And Get The Best Price
New car buying can be very exciting because you will be looking at different models, comparing prices and features, visiting showrooms, browsing the Internet for information, etc. However, there are certain factors which may confuse you and not let you proceed to complete a deal. Here are a few suggestions which might help you to make a smart deal.
Visit various showrooms and check out the various models of cars available for your budget. Compare their prices and features and see which ones are advantageous for you. You can also read lots of publications for information regarding specific models of cars. Check the Internet and read many car reviews. You can find the opinions of various users who have firsthand experience using the specific kinds of cars you are looking at.
Understanding various terms can help you to negotiate better while purchasing the car. There are several terms you really should know. Invoice price is the initial price charged by the manufacturers to dealers, which is usually higher than the final cost provided to the dealer. This is because the dealer receives allowances, rebates, discounts and incentives. Base price is the car cost without options. It includes factory warranty and is found on the Monroney sticker. This sticker depicts the base price, price of installed options with retail price suggested by the manufacturer, mileage, transportation charge incurred by the manufacturer, etc. Required by federal law, it's found on the window and can be removed only by the person who has purchased the car. Dealer sticker price is an additional sticker which includes the Monroney price and the price of options installed by the dealer.
For new car buying, financing your car is a good option if you choose the lender properly. It is always better not to let your dealer do the financing for you with the lenders. It may not be the best interest rate or have the best terms. You can contact most lenders directly. Understand their financing terms and the best deals they can offer. Shop around for other lenders and compare the terms between them. Compare the length of the loan and the annual percentage rate. Sign the contract only when you are comfortable with the payment terms.
If you have an old car you may be able to trade it in depending on its value. You can find the value of your old car by referring to car blue books and reading reviews on the Internet. This will help you to get a better price on the car from the dealer. Consider the service contracts which come along with new car buying. It usually includes the warranty and terms on the services offered by the dealers, manufacturers or the company. Following these suggestions carefully will help you to get a new car without much hassle.