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Four trends that show now is a good time to be a used car buyer

Cadillac is moving the car buying experience into an interactive video-based platform as the brand works to gain new customers.

Photo courtesy of Cadillac

Edmunds.com is predicting hat sales of used cars will rise through 2020. At the same time, used car prices are expected to decline. That's a recipe for success for used car buyers according to Carvana. The online used vehicle retailer is predicting four trends for used car shoppers.

Mainstream Cars Stay Hot

Carvana believes that demand for used cars from mass-market brands like Honda, Toyota, and Nissan will continue. In 2019 small and mid-sized cars showed the strongest price appreciation in the used-vehicle market, a trend that is expected to continue in 2020.

Consumers Choose Quality Over Everything

According to Carvana, "A recent study from Brandwatch asked consumers what attributes were most important for brands in the auto industry, quality was the most popular option with 30% of the vote. Affordability followed, with 21% of respondents choosing it as the most important attribute. Carvana has more than 8,000 cars available on their site for local buyers priced under $15,000."

Customers Continue to Get Comfortable Shopping Online

If there's one thing America can agree on, it's not politics. It's that they generally hate going to car dealerships. Shopping for vehicles online has grown tremendously over the past decade and Carvana expects that to continue, a trend driven by the ability for customers to "do it all" from financing to browsing to scheduling delivery without ever having to talk to a salesperson.

According to Carvana, 75% of car buyers are willing to purchase a car online and 97% of car buyers do online research before a purchase.

The Digital Economy Will Continue to Transform Car Buying

Technology is making it easier than ever to buy a car. New online initiatives like Cadillac Live allow customers to talk to a salesperson without leaving their couch. Getting a 360-degree view of the vehicle is possible thanks to sights from most manufacturers, and CarFax offers reports on used vehicles.

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Nuts & Bolts

 
 

Hyundai has completely refreshed the Santa Fe for 2021.

Photo courtesy of Hyundai Motor America

The Hyundai Santa Fe is getting more than just a traditional mid-cycle update for the 2021 model year. It's closer to a generational shift with new powertrains, a new platform, and more premium features.

If you're saying to yourself, "Didn't they just change it?" to yourself right now, you're not wrong. The current Santa Fe shifted generations just about two years ago as the company prepared to introduce the three-row Palisade. When the Palisade arrived, the Santa Fe was relegated to the new two-row Santa Fe and a holdover three-row Santa Fe for a year before going to just a two-row model for 2020.

The SUV has a fresh grille and headlamp design as well as new front and rear fascia.Photo courtesy of Hyundai Motor America

The 2021 Hyundai Santa Fe has a face that looks like a blend of the Palisade and the Vision T concept car, which was first shown at last year's LA Auto Show. Its headlights carry over the Spartan helmet-like design that first appeared on the Kona. T-shaped LED daytime running lights flow from the headlights to the sides of the grill. The lower grille eschews the crucible-shape that is on the Palisade and offers a new, sophisticated look.

Hyundai has made the car beefier looking but also gentler with posterior that's sophisticated with arrow-like taillights that are connected through the center of the tailgate by a light bar.

Twenty-inch wheels are available as part of a Luxury Package that includes front and back lower bumpers and side cladding that match the body paint color, rather than the traditional matte black.

Hyundai has already revealed that the 2021 Santa Fe will come with hybrid and plug-in hybrid variants in Europe. They have not confirmed which, if either of those powertrains is coming to the U.S. More information is expected to be revealed soon.

2021 Hyundai Santa Fe

Photo courtesy of Hyundai Motor America

Hyundai aimed for a premium SUV with the Palisade, to thunderous applause from industry experts and buyers, and it looks like that design mantra is holding true in the New Santa Fe. The company promotes the model as having more "space, comfort, and convenience" than the outgoing model. That's thanks in large part to the new platform the SUV is riding on.

The new third-gen Hyundai platform allows for improvements inn performance, handling, fuel efficiency, and safety. Additionally, it features more crash resistance. With the SUV market growing increasingly competitive, it's understandable that Hyundai would want to shift the model to the new underpinnings ASAP.

The lower half of the dashboard has been redesigned for 2021 and the cabin has been outfitted with soft-touch materials. The center console has also been redesigned and now floats and features similar instrumentation to the Hyundai Nexo and Palisade. This leaves a good amount of space between driver and front passenger for storage.

A new 10.25-inch infotainment screen floats on the dashboard.Photo courtesy of Hyundai Motor America

The new 10.25-inch infotainment touch screen appears to float above the dashboard. A new 12.3-inch all-digital instrument cluster sits in front of the driver.

The new Santa Fe will be available in Europe starting September 2020. There is not yet confirmation as to when it comes to the U.S. or what it will cost.

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The 1 millionth vehicle off the line was a red Passat.

Photo courtesy of Volkswagen AG

Volkswagen Chattanooga Assembly Plant is celebrating the 1 millionth vehicle to roll off its assembly line - Aurora Red Metallic 2020 Volkswagen Passat R-Line. The milestone was reached later than initially anticipated due to production shutdowns stemming from the COVID-19 pandemic.

"It's gratifying to me that our team is back to work and able to mark yet another key milestone since the opening of VW's Chattanooga plant," said Tom du Plessis, president and CEO of Volkswagen Chattanooga. "Part of us getting back to normal is taking time to recognize these important achievements which are only possible because of the hard work and commitment of our exceptional team here in Chattanooga."

2020 Volkswagen Passat Volkswagen's plant employs approximately 3,800 people.Photo courtesy of Volkswagen AG

Before the Chattanooga plant opened, Volkswagen hadn't made a vehicle in the U.S. in 22 years following the closing of the Westmoreland facility in Pennsylvania.

The Passat got its start as a vehicle designed specifically for the North American market.

Ground was broken on the Tennessee plant in 2009 and in 2011 it began producing Passats. It currently employees approximately 3,800 people. In the last nine years, the plant has produced more than 700,000 Passats and 100,000 Atlas SUVs. The new 2020 Atlas Cross Sport and the refreshed 2021 Atlas recently began production.

The Chattanooga facility doesn't just produce vehicles for domestic sale. Chattanooga-assembled vehicles have been exported to Canada, Mexico, Russia, South Korea, and the Middle East.

Volkswagen has announced that the plant will be the company's North American base for manufacturing electric vehicles including the ID.4, representing an approximately $800 million investment, starting in 2022. The expansion to enable U.S. production of long-range EVs began in November 2019.

Volksagen Chattanooga line The Chattanooga plant produces a number of vehicles.Photo courtesy of Volkswagen AG

Volkswagen isn't just committed to the cars it produces in Chattanooga. The company has invested in its community too. Late last year, Volkswagen donated $1.25 million to The Conservation Fund to purchase land near the plant so it could be donated to the U.S. Forest Service.

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