Used Cars

Post-coronavirus, used car prices in these 10 U.S. cities have dropped the most

Minneapolis has seen its used car prices slump significantly in the last few months.

Photo by Getty Images

New and used car sales fell steeply as the nation closed up shop in the wake of the COVID-19 pandemic. Data from the U.S. Census Bureau found that retail used car sales plummeted more than 20 percent year-over-year in March, the most since the onset of the Great Recession in 2008.

New analysis from CoPilot, which aggregates car listings data in real-time across 46,000 U.S. dealers, found that retail prices for pre-owned vehicles only fell 3.9 percent nationwide between January and May 2020. Utah, Delaware, and Florida were hit the hardest, experiencing the steepest declines.

Certain metropolitan areas were hit harder than others. According to a release by CoPilot, "To identify these locations, researchers from CoPilot, a car shopping app that helps guide users through the buying process, analyzed its proprietary dataset of more than 6 million auto listings in the United States and created a ranking based on each location's change in average listing price between January and May 2020. To improve relevance, only metros with at least one million residents were included in the analysis."

Here are the 10 cities that experienced the steepest used car sales declines.

No. 10 - Washington-Arlington-Alexandria, DC-VA-MD-WV

USA, Washington DC, Pennsylvania Avenue and Capitol building


Photo by Getty Images

Average change in used car prices: -4.77%
Most impacted models: Jeep Patriot, Land Rover Discovery Sport, Dodge Charger, Volkswagen Atlas, Cadillac Escalade

No. 9 - Chicago-Naperville-Elgin, IL-IN-WI

View of N State street with the sign of the Chicago Theatre

Photo by Getty Images

Average change in used car prices: -4.82%
Most impacted models: Lexus IS, Land Rover Range Rover Sport, Ford Taurus, Nissan Versa, Jeep Patriot, Audi Q7

No. 8 - Atlanta-Sandy Springs-Roswell, GA

Atlanta Beltline Eastside Ponce City Market Photo by Ralph Daniel

Average change in used car prices: -4.92%
Models with the biggest price drops: Land Rover Range Rover Sport, Porsche Macan, Volvo XC90, Cadillac XT5, BMW 4 Series Gran Coupe, Acura TLX

No. 7 - Raleigh, NC

Raleigh North Carolina skyline city lights

Photo by Getty Images

Average change in used car prices: -4.93%
Models with the biggest price drops: Volkswagen Jetta, Kia Sorento, BMW 3 Series, Mercedes-Benz C-Class, Jeep Compass, Ford Escape

No. 6 - Louisville/Jefferson County, KY-IN

City Skyline with Old and New Architecture, Louisville, Kentucky

Photo by Getty Images

Average change in used car prices: -5.07%
Models with the biggest price drops: Toyota Camry, Jeep Grand Cherokee, Chevrolet Silverado 1500, Ram 1500, Ford Edge, Nissan Altima

No. 5 - Minneapolis-St. Paul-Bloomington, MN-WI

Arch Bridge Over River By Buildings Against Sky Minneapolis Minnesota

Photo by Getty Images

Average change in used car prices: -5.12%
Models with the biggest price drops: Infiniti Q50, BMW 3 Series, Subaru Legacy, Volvo XC90, GMC Terrain, Acura RDX

No. 4 - Dallas-Fort Worth-Arlington, TX

Dallas Arlington Fort Worth

Photo by Getty Images

Average change in used car prices: -5.19%
Models with the biggest price drops: Jeep Patriot, Volvo XC60, Ford Focus, Chevrolet Silverado 2500 HD, Mercedes-Benz GLS-Class, Ram 3500 HD

No. 3 - Salt Lake City, UT

Scenic View Of Buildings In City Against Sky

Photo by Getty Images

Average change in used car prices: -5.20%
Models with the biggest price drops: Hyundai Sonata, Nissan Pathfinder, Chevrolet Traverse, Honda CR-V, Mazda CX-5, Chevrolet Cruze

No. 2 - Orlando-Kissimmee-Sanford, FL

Lake Eola view in Orlando Florida

Photo by Getty Images

Average change in used car prices: -5.85%
Models with the biggest price drops: Dodge Charger, Volkswagen Passat, Nissan Versa, Chevrolet Camaro, Dodge Durango, and Kia Forte

No. 1 - Miami-Fort Lauderdale-West Palm Beach, FL

Aerial view of Miami Beach.

Photo by Getty Images

Average change in used car prices: -6.59%
Models with the biggest price drops: Kia Forte, Dodge Charger, BMW 4 Series Gran Coupe, Chevrolet Colorado, Land Rover Range Rover, BMW 3 Series

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Nuts & Bolts

 
 

The 2021 Lamborghini Sián Roadster is already sold out.

Photo courtesy of Automobili Lamborghini
Lamborghini is taking the top off the Sián Roadster. The 2021 Lamborghini Sián Roadster is a drop-top version of the hybrid super sports car that captivated audiences last year. The cabriolet's run is limited to just 19 models - all of which are already sold out.

The model is outfitted with the same V12 engine and delivers equal hybrid performance. The engine is paired with 48-volt mild-hybrid technology delivering more rapid availability of torque off the line and fuel savings. The 48-volt e-motor, delivering 34 horsepower, sits in the gearbox. The mild-hybrid technology is more powerful than a battery of the same weight and three times lighter than a battery while producing the same power.

Photo courtesy of Automobili Lamborghini


The new Lambo has a top speed of 250 km/h. It can get from zero to 62 mpg in 2.9 seconds. To get back to zero, the car uses its regenerative braking system.

"The Sián Roadster encapsulates the spirit of Lamborghini," says Stefano Domenicali, Automobili Lamborghini Chairman and Chief Executive Officer. "It is the expression of breathtaking design and extraordinary performance, but most importantly embodies important future technologies. The Sián's innovative hybrid powertrain heralds the direction for Lamborghini super sports cars, and the open-top Sián Roadster affirms a desire for the ultimate lifestyle Lamborghini as we move towards a tomorrow demanding new solutions."

Lamborghini showed off the car with a Blu Uranus paint job. The company says that the color encapsulates, "the blue of the sky and the green of the fields, evoking the freedom and driving elation delivered by the open top Sián." The car rides on Oro Electrum wheels. Their color was chosen to signify the Sián's electrified powertrain. Its interior features Blu Glauco detailing and aluminum elements in Oro Electrum.

Three-dimensional printer technology allow customers to have their initials designed into the car's air vents.

The car features design that envokes the iconic periscopio line inspired by the first Countach. It runs diagonally from the cockpit to the rear. It has a low front and integrated carbon fiber splitter with Y-shaped headlights sitting above.

It has been optimized for aerodynamic efficiency with airflow "directed through the front splitters and through the front bonnet, through the side air intakes and outlets and over the rear spoiler, with no loss of aerodynamic efficiency from the roadster's roofless design". The car has active cooling vanes on its rear that use unique materials-science technology patented by Lamborghini.

At the rear is a strong design featuring six hexagonal taillights inspired by the Countach. The car's rear wing extends out only during the driving to enhance the performance.

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The Zero SR/F and SR/S are part of the Cash for Carbon offer.

Photo courtesy of Zero Motorcycles

The all-electric lineup of Zero Motorcycles delivers the power and performance many motorcyclists are seeking without a drop of fuel. Now, the automaker is delivering a deal on them as well.

Through August 15, buyers can trade-in any gas motorcycle for a $1,500 instant credit for any new Zero SR/S or SR/F motorcycle. This amount is in addition to any trade in value Zero dealerships are currently offering. When combined with the North America Federal Tax Credit buyers have the potential of saving nearly $4,000 on a new model.

The 2020 Zero Motorcycles SR/F is a looker with true motorcycle design and plenty of power.Photo courtesy of Zero Motorcycles

The Zero SR/S has a top speed 124 mph and can deliver 110 horsepower and 140 pound-feet of peak torque. The company says that it takes about 80 minutes to charge its 14.4 kilowatt-hour lithium-ion battery to 95 percent with the 6-kilowatt-hour Rapid Charge upgrade. It has 161 miles of range in city driving, which an be upgraded to 200 miles of range with the available Power Tank.

Zero's SR/F is a more performance-focused motorcycle than the SR/S. It offers the same power specs as the SR/S but is 20 pounds lighter (485 vs 505 in standard trims and 498 vs. 516 in premium trims). Despite being lighter, the SR/F can carry more weight (515 vs 495 pounds in standard trims and 502 vs. 484 in premium trims).

With the $1,500 credit but without other discounts and credits factored in, the Zero SR/S starts at $19,995 and the SR/F starts $500 lower at $19,495.

Zero says that each full charge of the motorcycles costs just $1.61.

The motorcycles come standard with a two-year standard motorcycle warranty and a five-year/unlimited miles power pack warranty.

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