Chevrolet vehicle – Corvette C5 http://corvettec5.com/ Wed, 25 May 2022 15:50:25 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://corvettec5.com/wp-content/uploads/2021/10/icon-3-120x120.png Chevrolet vehicle – Corvette C5 http://corvettec5.com/ 32 32 How I sold my used car for a profit of $5,000 https://corvettec5.com/how-i-sold-my-used-car-for-a-profit-of-5000/ Wed, 25 May 2022 15:50:25 +0000 https://corvettec5.com/how-i-sold-my-used-car-for-a-profit-of-5000/ Andrew Lambrecht decided to sell his 2016 Chevrolet Volt last year when the used car market was hot. He sold it for $20,338 through Vroom in December. He originally bought it for $15,000. He used the money to put down a deposit on a new Mini Cooper SE. Loading Something is loading. Today, buying a […]]]>
  • Andrew Lambrecht decided to sell his 2016 Chevrolet Volt last year when the used car market was hot.
  • He sold it for $20,338 through Vroom in December. He originally bought it for $15,000.
  • He used the money to put down a deposit on a new Mini Cooper SE.

Today, buying a car at a reasonable price is almost impossible. Whether you’re essentially paying original price for a years-old vehicle or facing ridiculous markups on new cars at dealerships, it’s obvious that times have changed for potential car buyers.

However, one person’s loss can be another’s gain, and if you time the market correctly, you can make a substantial profit. That’s precisely what I did — and there’s still time for you to do the same.

In September 2020, I purchased a used 2016 Chevrolet Volt plug-in hybrid for $15,000. Its original MSRP was $40,280, so it had lost almost 63% of its value by the time I bought it. Most Used Cars lose about 60% of their value within five years of ownership in a normal market, so the Volt stayed in line with the average.

Based on its rate of depreciation, I planned to keep it for about a year or two and expected to list it for sale for around $10,000-12,000. But things went much better than expected.

Monitor the market for opportunities

Andrew Lambrecht's 2016 Chevrolet Volt

Lambrecht’s 2016 Chevrolet Volt.

André Lambrecht


During the first two years of the pandemic, used car prices rose intermittently and then remained at that level, which price timeline look more like a staircase than a gradual upward slope. Still, the online trade-in value of my Volt hovered around $12,000 in the winter of 2021.

To track its values, I used both vroom and Carvana’s online recovery tools. Both of these websites offer you an offer instantly, so you don’t have to wait at a dealership for a


Evaluation

or something like that. Of all the online car buying websites, I have found that these two offer the most competitive values, with CarMax usually offering me less.

As the pandemic progressed, prices soared even more. When times got uncertain for many Americans in the summer of 2020, demand for new vehicles has fallen. Earlier the same year, when China went into lockdown, its semiconductor production has declined. These chips are a big deal – they power everything from the infotainment system to semi-automated driving features like adaptive cruise control or lane-keep assist.

But in 2021, car sales started to rise again – especially in the electric vehicle space – but there just weren’t enough semiconductors for these new cars. While the vehicles rolling off the assembly line were essentially complete, they were just missing a chip.

Many automakers couldn’t keep up with demand, so shoppers had to revert to buying used cars due to low dealer inventory. Couple that with inflation, and used car buyers faced massive price hikes.

Current vehicle owners, meanwhile, faced an unprecedented opportunity to sell their cars at a net gain, a feat that very few vehicles could achieve in the past.

make the sale

Andrew Lambrecht's white 2016 Chevrolet Volt.

Lambrecht’s 2016 Chevrolet Volt.

André Lambrecht


Last spring, I started noticing an increase in the trade-in values ​​of my Volt. In mid-March 2021, Carvana offered me $14,643 for my Volt, which was very close to what it was worth when I bought it. I wanted to trade it in for a newer BMW i3 electric sedan, but decided to hang in there and see how far it would go. What I would soon discover was that while I was holding trades, the values ​​of the BMW i3 were rising just as steadily, so it was essentially a non-zero-sum game.

At the end of April, Carvana presented an offer of $15,083 for my car. It was the first time that I received an amount greater than what I had bought it for. I was tempted to take the money and run away, but once again I decided to wait.

Over the summer, its value has steadily increased. In September, Carvana’s $15,000 turned into $16,432. As my desire to flip it for a profit proliferated, I decided to hold it longer. At the end of December, his Carvana value started to drop, but his Vroom value suddenly increased dramatically.

Several days after Christmas, Vroom was offering an unbeatable value of $20,338. I quickly accepted it.

A few days later, a contractor picked up my Volt from a tray, and within a week, Vroom sent me the check. Although I probably could have sold it myself for a bit more, this process was seamless and easy. Excluding taxes and maintenance fees, which were around $800, I made $5,338 off my original purchase price.

Next round

The Mini Cooper SE

The Mini Cooper SE.

BMW Group


Since I sold my car when values ​​were high, it would make sense that I would have to pay more for my next vehicle as well. While I really wanted to buy a BMW i3, I wasn’t looking to pay north of $25,000 for a four-year-old car.

However, one car I had my eye on was the Mini Cooper SE – an electric two-door with an advertised range of 114 miles. BMW owns Mini and the Cooper SE shares many of its components with the BMW i3, its German cousin.

More importantly, an all-new Mini Cooper SE with the $7,500 Federal EV


tax credit

costs about the same as a used BMW i3. For me, it would have been crazy to buy a used BMW i3 when I could get a brand new electric Mini Cooper for practically the same price.

The 2023 Mini Cooper SE starts at $34,750. However, at select Mini dealerships, like my local center in Charlotte, you can special order the base “Signature” trim for $30,750. It lacks some features like premium audio, a sunroof, and some paint options, but to me, it’s worth the $4,000 in savings. He was also eligible for the $7,500 federal tax credit, but note: you must pay at least $7,500 in taxes to get the full benefits.

My local Mini center charged an additional $1,396 in dealership fees, totaling the door price to $33,065 including taxes and state registration. Factoring in the tax credit, my 2023 Mini Cooper actually costs $25,565.

I put down the $250 deposit on the Mini, so hopefully it will arrive this summer. With an opportunity like this, you better make the most of it, and the electric Cooper was the most financially sound way to tap into the market.

Everyone’s situation is different, but if you’re looking to trade in your current vehicle, it’s worth taking a look to see how much you can get.

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Police chase ends in fatal accident https://corvettec5.com/police-chase-ends-in-fatal-accident/ Mon, 23 May 2022 22:43:00 +0000 https://corvettec5.com/police-chase-ends-in-fatal-accident/ The driver of a stolen vehicle was killed on Monday when he crashed into another vehicle while being chased by police. Byram Police attempted to stop a green Honda at 11.55am on Siwell and Terry Roads, but authorities said the driver of the stolen vehicle pressed the accelerator and drove on. The chase continued to […]]]>

The driver of a stolen vehicle was killed on Monday when he crashed into another vehicle while being chased by police. Byram Police attempted to stop a green Honda at 11.55am on Siwell and Terry Roads, but authorities said the driver of the stolen vehicle pressed the accelerator and drove on. The chase continued to Jackson, where at 12:04 p.m. the car collided with a gray Chevrolet truck at Lee Drive and Savanna Street, according to Byram Police Chief David Errington. the driver of the Honda — Earl Wigley Jr., 42, of Belzoni — was killed. A male passenger was taken to hospital, Errington said. The driver of the van was also taken to hospital. Jackson Police assisted Byram Police at the scene of the accident. Police say the Honda was stolen on May 9 in Jackson.

The driver of a stolen vehicle was killed on Monday when he crashed into another vehicle while being chased by police.

Byram Police attempted to stop a green Honda at 11:55 a.m. on Siwell and Terry Roads, but authorities said the driver of the stolen vehicle put on the gas and drove on.

The chase continued to Jackson, where at 12:04 p.m. the car collided with a gray Chevrolet truck at Lee Drive and Savanna Street, according to Byram Police Chief David Errington.

“The suspect in the green Honda Accord failed to stop at the stop sign and overran the Chevy Silverado,” Errington said.

Police say the driver of the Honda – Earl Wigley Jr., 42, of Belzoni – was killed. A male passenger was taken to hospital, Errington said.

The driver of the van was also taken to hospital.

Jackson Police assisted Byram Police at the scene of the accident.

Police say the Honda was reported stolen on May 9 in Jackson.

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Mayport Woman Seriously Injured in Two-Vehicle Crash :: exploreClarion.com https://corvettec5.com/mayport-woman-seriously-injured-in-two-vehicle-crash-exploreclarion-com/ Sun, 22 May 2022 06:41:28 +0000 https://corvettec5.com/mayport-woman-seriously-injured-in-two-vehicle-crash-exploreclarion-com/ YOUNG TWP., Pennsylvania (EYT) – A Mayport woman was seriously injured in a two-vehicle collision on State Route 36 last Wednesday. According to Punxsutawney-based State Police, the crash happened around 10:30 a.m. Wednesday, May 18, at the intersection of State Route 36 and State Route 536 in Young Township, N. Jefferson County. State police say […]]]>

YOUNG TWP., Pennsylvania (EYT) – A Mayport woman was seriously injured in a two-vehicle collision on State Route 36 last Wednesday.

According to Punxsutawney-based State Police, the crash happened around 10:30 a.m. Wednesday, May 18, at the intersection of State Route 36 and State Route 536 in Young Township, N. Jefferson County.

State police say the crash involved an 18-year-old Kierstynn R. Kiehlof Mayport, and 30 years Jeremiah L. Bowley, of Brookville. Kiehl drove a 2002 Chevrolet Impala and Bowley drove a 2014 Peterbilt tractor-trailer.

Kiehl was heavily trapped and mechanically extracted and airlifted to UPMC Presbyterian Hospital in Pittsburgh for suspected serious injuries, police say.

Bowley was not injured.

Both drivers were using seat belts.

The Chevrolet Impala was pulled from the scene by Brosius Towing.

Police said Jefferson County EMS, STAT MedEvac, Punxsutawney Fire Department and PennDOT also assisted at the scene.

Kiehl was charged with a traffic violation.

Copyright © 2022 EYT Media Group, Inc. All rights reserved. Any copying, redistribution or retransmission of the content of this service without the express written consent of EYT Media Group, Inc. is expressly prohibited.

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5 Reasons to Buy a 2022 Hyundai Ioniq 5, Not a Chevy Bolt EUV https://corvettec5.com/5-reasons-to-buy-a-2022-hyundai-ioniq-5-not-a-chevy-bolt-euv/ Fri, 20 May 2022 15:04:50 +0000 https://corvettec5.com/5-reasons-to-buy-a-2022-hyundai-ioniq-5-not-a-chevy-bolt-euv/ Hyundai is aiming to make waves in the electric vehicle space with the 2022 Hyundai Ioniq 5. The South Korean automaker is marketing its all-new model as a superior and affordable alternative to other all-electric crossover SUVs. But time will tell if it can live up to the competition in this crowded space. The Ioniq […]]]>

Hyundai is aiming to make waves in the electric vehicle space with the 2022 Hyundai Ioniq 5. The South Korean automaker is marketing its all-new model as a superior and affordable alternative to other all-electric crossover SUVs. But time will tell if it can live up to the competition in this crowded space.

The Ioniq 5 takes on the Volkswagen ID.4, Nissan Ariya, Tesla Model Y, Ford Mustang Mach-E and many more. One of its closest rivals is the Chevrolet Bolt EUV. However, the Ioniq 5 is the better option on a first look. Here are five reasons to consider a 2022 Hyundai Ioniq 5 over a Chevy Bolt EUV.

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Minor injuries in a two-vehicle accident, totaling both vehicles | Local News https://corvettec5.com/minor-injuries-in-a-two-vehicle-accident-totaling-both-vehicles-local-news/ Wed, 18 May 2022 03:03:00 +0000 https://corvettec5.com/minor-injuries-in-a-two-vehicle-accident-totaling-both-vehicles-local-news/ On 05/17/2022 at approximately 4:20 p.m. Watertown Police Department and Watertown Fire Department responded to 9 TH ST SE and 6TH AVE SE for a motor vehicle accident with injuries. A 2021 Nissan Rogue driven by Jason Frederick of Sioux Falls, SD collided with a 2014 Chevrolet Equinox driven by Kathy Kuno of Watertown, SD. […]]]>

On 05/17/2022 at approximately 4:20 p.m. Watertown Police Department and Watertown Fire Department responded to 9 TH ST SE and 6TH AVE SE for a motor vehicle accident with injuries.

A 2021 Nissan Rogue driven by Jason Frederick of Sioux Falls, SD collided with a 2014 Chevrolet Equinox driven by Kathy Kuno of Watertown, SD. The Chevrolet Equinox was heading west on 6 TH Ave SE, approaching the intersection with 9 th St SE when the driver did not yield to the Nissan Rogue heading south on 9 th St SE. The vehicles collided at the intersection.

Watertown Fire Rescue assessed both drivers at the scene for minor injuries.

Kathy Kuno received a citation at the scene for failing to yield at an uncontrolled intersection.






Photo sent by the listener.


Both vehicles were disabled and towed off the scene. The Nissan Rogue is estimated at $8,000 in damage and the Chevrolet Equinox at $5,000 in damage.







Press release - 05/17/22 - Crash 1.jpg

The WPD would like to remind drivers to drive carefully when approaching an uncontrolled intersection and to slow down until they can verify that it is safe to continue and yield to vehicles on the right.

-Press release received as written by the Watertown Police Department

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Police reports | April 29-May 9, 2022 https://corvettec5.com/police-reports-april-29-may-9-2022/ Mon, 16 May 2022 11:06:49 +0000 https://corvettec5.com/police-reports-april-29-may-9-2022/ Collision on the way Newtown police report Jessica Gandy, 34, of Naugatuck, who operates a 1999 Buick Century Custom, was heading south on Hawleyville Road at 8:57 a.m. on April 29. Gandy was traveling behind a 2022 Mitsubishi Outlander operated by Bruce Novicky, 36, of Bethel. Police said Gandy attempted to pass Novicky on the […]]]>

Collision on the way

Newtown police report Jessica Gandy, 34, of Naugatuck, who operates a 1999 Buick Century Custom, was heading south on Hawleyville Road at 8:57 a.m. on April 29. Gandy was traveling behind a 2022 Mitsubishi Outlander operated by Bruce Novicky, 36, of Bethel. Police said Gandy attempted to pass Novicky on the left into the northbound traffic lane as Novicky attempted to turn left on the dirt bend opposite Covered Bridge Road. The left front bumper of Novicky’s vehicle struck the right front fender of Gandy’s vehicle in the process.

No injuries were reported.

Gandy received a violation for improper passing.

stricken deer

Newtown Police report Andre Douaihy, 27, of Brookfield, operating a 2017 Audi A3, was heading south on Dodgingtown Road north of Karen Boulevard at 11:35 a.m. on May 1. Douaihy said a deer came from a wooded area off the northbound shoulder of the roadway and crossed the road, hitting the front left corner of Douaihy’s vehicle.

The deer was in the center of the road nearby, where it had expired.

The vehicle was towed due to damage.

No enforcement action was taken.

Keys found

Newtown police report a set of keys from a 2009 Toyota Camry was found May 2 near the Fairfield Hills baseball diamond. Reference case number 22-5091 to Newtown Police Department to retrieve.

Side sweep on South Main

Newtown Police Report Lexie Codespoti, 42, of Newtown, operating a 2013 Honda CR-V, was traveling north on South Main Street at 3:56 p.m. on May 5. Annette Barbour, 63, of Newtown, operating a 2012 Jeep Grand Cherokee, was heading south on South Main Street. According to police, Codespoti’s vehicle crossed the center line into the southbound lane and the left side of his vehicle swept over the left side of Barbour’s vehicle.

No injuries were reported.

Codespoti received a written warning for not staying on track.

Failure to grant right of way

Newtown police report Jason Biekert, 32, of Sherman, operating a 2017 Chevrolet Suburban, was traveling north on South Main Street at 5:34 p.m. on May 6. Lisa Ballas, 62, of Monroe, operating a 2016 Subaru Legacy, was traveling south on Rue Principale Sud. Biekert attempted to turn left onto Country Club Road and, before reaching Country Club Road, struck Ballas’ vehicle in the right-hand lane heading south on South Main Street.

Both vehicles were towed. No injuries were reported.

Biekert was given a violation for failing to grant the right of way to oncoming traffic.

Right overtaking collision

Newtown Police Report Moya Bahadosingh, 51, of Trumbull, driving a Mercedes GLC (year not identified in report), was traveling south on Main Street at 6:33 p.m. on May 6. James Carr, 62, of Groton, driving a 2011 Chevrolet Camaro, went straight from Church Hill Road to West Street. Police said Bahadosingh passed a line of traffic stopped in the flagpole area at the intersection of Main Street, Church Hill Road and West Street. While passing, Bahadosingh’s vehicle struck Carr’s vehicle outside the travel lane, in the area around the mast.

Bahadosingh was treated for minor injuries at the scene by EMS but was refused transport. Carr was assessed for hip pain and refused transport.

Bahadosingh received a violation for overtaking on the right.

Hit two trees

Newtown police report Nancy Delgado-Chavez, 39, of Danbury, who was driving a 2003 Honda Accord, was heading south on Main Street at 5:03 a.m. on May 7. Delgado-Chavez’s vehicle slid on the wet pavement and crossed the boundary lines. into the northbound lane, where it turned 180 degrees and re-entered the southbound lane before leaving the roadway on the right and hitting two trees.

Delgado-Chavez was taken to hospital in Danbury for possible injuries. The vehicle was towed due to disabling damage.

Delgado-Chavez received a verbal warning for traveling too fast for the conditions.

follow too closely

Newtown Police report Chanette Rosa, 44, of Bridgeport, operating a 2009 Toyota Corolla, was traveling south on South Main Street at 5:05 p.m. on May 9. Charles Eppers, 21, of Sandy Hook, operating a 2018 Mazda CX-5, was heading south on South Main Street past Rosa and stopped for traffic to wait for a left turn. The front bumper of Rosa’s vehicle struck the rear bumper of Eppers’ vehicle.

No injuries were reported. Rosa’s vehicle was towed.

Rosa received a verbal warning for following too closely, which resulted in an accident.

A Newtown police officer directs traffic on Hawleyville Road near the intersection of this road with Obtuse and Currituck roads at around 11:30 a.m. on Monday, May 9, following a two-vehicle accident. Behind him, personnel from the Hawleyville Volunteer Fire Company and Newtown Volunteer Ambulance Corps check the drivers of the Ford Edge and Dodge Grand Caravan that have collided. Neither driver went to the hospital from the scene of the accident. Both vehicles were heavily damaged and were towed. Traffic was guided through the intersection for nearly an hour while first responders were on scene. Additional details were not available before this week’s deadlines. —Bee Photo, Hicks

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Test of the F-150 Lightning, Scout electric SUV, Fisker Pear and Lordstown Endurance: the week in reverse https://corvettec5.com/test-of-the-f-150-lightning-scout-electric-suv-fisker-pear-and-lordstown-endurance-the-week-in-reverse/ Sat, 14 May 2022 12:00:00 +0000 https://corvettec5.com/test-of-the-f-150-lightning-scout-electric-suv-fisker-pear-and-lordstown-endurance-the-week-in-reverse/ Which electric trucks got a surge of new bookings after a big price hike? Could future electric cars do without friction brakes as we know them? Here’s our look back at the week inside out – right here at Green Car Reports—for the week ending May 13, 2022. In a long-awaited first review of the […]]]>

Which electric trucks got a surge of new bookings after a big price hike?

Could future electric cars do without friction brakes as we know them?

Here’s our look back at the week inside out – right here at Green Car Reports—for the week ending May 13, 2022.

In a long-awaited first review of the F-150 Lightning electric truck, we found even more confidence and refinement than expected, along with some hints of good range and efficiency. It doesn’t reinvent the pickup, but it does make it better in almost every way.

Lordstown Stamina

It was a whole week of twists and turns. The drama of the week award goes to those in Ohio. Things appeared to be touching and going earlier in the week for Lordstown Motors as it still could not signal a final deal with Taiwan’s Foxconn with the terms of their deal just days from the deadline. But with the completion of the sale of the former GM factory to Hon Hai Technology Group, as it is otherwise known, the Lordstown Endurance electric pickup is going into production later this year. It also led to a reaffirmation of Foxconn’s plans to act as contract manufacturer for the upcoming $29,900 Fisker Pear EV from 2024.

In a rumor that turned into reality, Volkswagen confirmed it was reviving the Scout name – yes, the old International Harvester SUV – for an entire brand of US-focused electric SUVs. Will Scout help VW supply mainstream electric vehicles, or will it be another premium niche brand? We’ll see soon.

Teaser for the modern Scout electric SUV and pickup

Teaser for the modern Scout electric SUV and pickup

Since Rivian’s clumsy price hike in March, the electric truck brand has seen 10,000 new bookings, double the trucks it has built since September, at an astonishing average price of $93,000. This is quite a testament to the demand and appeal of these trucks.

Bollinger Motors has announced that Roush Industries will be its manufacturing partner for electric trucks, including platforms and chassis cabs. Bollinger will source the materials, while Roush will assemble them in Michigan. And sorry, the B1 electric SUV and the B2 electric pickup remain postponed indefinitely.

BMW has no plans to give up the gasoline portion of its sales anytime soon, company CEO Oliver Zipse pointed out during a recent roundtable with Green Car Reports and others. coming i5, it makes sense. But Zipse explained more recently that the company’s next Neue Klasse will be different, potentially splitting the 3-Series segment with entirely different gas and electric cars.

DS E Tense Performance prototype

DS E Tense Performance prototype

In one of this week’s most popular tech pieces, we looked at a DS Automobiles prototype from Stellantis that takes Formula E technology and takes one-pedal driving one step further, essentially asking if the electric vehicles of the future could do without friction brakes entirely. .

Three major two-way electric vehicle charging pilot programs have been announced by California utility Pacific Gas & Electric. They will test technologies that could help smooth the grid and prevent brownouts, with up to 1,000 residential customers and hundreds of business customers.

Electric vehicle charging stations remain a potential target for hackers, warns a recent report that appears to rely heavily on the cybersecurity industry looking to sell services. Will charger security become an issue for companies with fleets and centralized smart charging?

Tesla Model 3 2022

Tesla Model 3 2022

During boosting, the “high temperature” of the infotainment screen on some Tesla models may cause the system to slow down or restart, temporarily rendering certain safety-critical features unavailable. This is another item that is causing recall paperwork with the feds but is being addressed with a live fix.

Tesla would push for accelerated development of Panasonic’s larger 4680 cell format, although the supplier has repeatedly pointed out the technical challenges involved.

With a range of 230 miles but a combined weight rating of up to 82,000 pounds, the production version of the semi-electric Freightliner eCascadia revealed this week is a full-fledged Class 8 commercial truck, though it’s intended for short haul . With over a million miles and a “holistic ecosystem” of charging and services on the way, it’s in production later this year as we wait for the Tesla Semi.

2023 Chevrolet Bolt EUV Redline Edition

2023 Chevrolet Bolt EUV Redline Edition

GM only recently started building 2022 Chevrolet Bolt EV models again, but it’s ready to move on and has just unveiled a new Redline Edition for the second year of the Bolt EUV. The rest of the 2023 Chevy Bolt EV lineup continues with, yes, a new shade of red.

Could hydrogen fuel cell conversions of older diesel tractor-trailers help clean up corporate fleets sooner? Two solutions revealed this week could help put new technologies into aging rigs.

electric car” alt=”1991 Nissan FEV concept electric car” width=”640″ height=”507″ data-width=”1024″ data-height=”812″ data-url=”https://images.hgmsites.net/lrg/1991-nissan-fev-electric-car-concept_100840523_l.jpg” src-h=”https://images.hgmsites.net/hug/1991-nissan-fev-electric-car-concept_100840523_h.jpg” src=”https://images.hgmsites.net/lrg/1991-nissan-fev-electric-car-concept_100840523_l.jpg” src-l=”https://images.hgmsites.net/lrg/1991-nissan-fev-electric-car-concept_100840523_l.jpg” src-m=”https://images.hgmsites.net/med/1991-nissan-fev-electric-car-concept_100840523_m.jpg” src-s=”https://images.hgmsites.net/sml/1991-nissan-fev-electric-car-concept_100840523_s.jpg” class=”lazy”/>

1991 Nissan FEV concept electric car

Last weekend, we looked at one of the many quirks in electric vehicle history. Long before the Tesla Roadster or the Nissan Leaf, the Nissan FEV electric car could have rivaled the GM EV1. Never more than a prototype, it was a harbinger of the electric vehicle era with its aerodynamic design, heat pump, low rolling resistance tires, solar-powered accessories, energy-intensive construction aluminum and even something akin to fast charging.

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Women in remarketing: Janet Federowich of Mannheim/Cox Automotive https://corvettec5.com/women-in-remarketing-janet-federowich-of-mannheim-cox-automotive/ Mon, 09 May 2022 19:17:01 +0000 https://corvettec5.com/women-in-remarketing-janet-federowich-of-mannheim-cox-automotive/ Automatic remarketing recognizes the 2022 Women in Remarketing winners in the May issue of the magazineand post Q&As with each of these outstanding leaders on the website. Next up is Janet Fedorowich, assistant vice president of national dealer and commercial accounts at Manheim/Cox Automotive. Automotive Remarketing: What is the biggest trend you are seeing in […]]]>

Automatic remarketing recognizes the 2022 Women in Remarketing winners in the May issue of the magazineand post Q&As with each of these outstanding leaders on the website.

Next up is Janet Fedorowich, assistant vice president of national dealer and commercial accounts at Manheim/Cox Automotive.

Automotive Remarketing: What is the biggest trend you are seeing in automotive remarketing/wholesale this year?

Janet Fedorowich: The supply of new vehicles remains close to historic lows with no relief in sight. Rising gas prices, chip shortages, and inflation threatening supply chains are giving us tons of uncertainty in the auto industry. One of the main trends discussed is that dealers are finding new opportunities to buy mainstream cars to increase vehicle supply. Another key trend is the adoption of electric vehicles and theories about who will dominate the electric car market. Tesla mostly dominated; however, other OEMs are moving in quickly. Assessing battery life and the impact on resale values ​​will be a huge priority as these vehicles enter the market.

AR: What impact has technology/innovation had the most on your specific area of ​​remarketing/wholesale?

Fedorowich: Technology and innovation have allowed a hybrid sales model to become more acceptable. Buyers are more comfortable buying digitally with insurance programs that offer guarantees to the buyer. However, there remains a segment of vehicles where buyers prefer on-lane offerings so they can touch and inspect vehicles. Innovative startups have disrupted the auction industry by creating platforms, without the cost of physical locations, that simplify the remarketing process, making things very competitive.

AR: What career advice would you give to someone new to the industry?

Federowich: This amazing industry presents opportunities across all industries and, more than ever, we encourage diversity to drive this business forward. The automotive industry is constantly changing, and innovation and courage are needed to remain a dominant player. Be prepared to embrace change and take risks while soaking up as much industry knowledge as possible. Always network and promote an inclusive environment to capitalize on the differences that will allow you to be a better contributor.

AR: What is your proudest moment/achievement, career-wise?

Federowich: My proudest moment is the depth of the relationships I have built over the past 30 years of working for Cox Automotive. I had the privilege of working with our National Commercial and Dealer Accounts. By working with unique perspectives and strategies, I have been exposed to many challenges that have allowed me to be a trusted resource and help implement change.

I have been fortunate to have held various positions while learning from some of the top leaders in the industry. In addition, my leadership journey has allowed me to develop some of the best talents and I am extremely proud to see them flourish both personally and professionally.

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Here’s what we expect from the 2023 Chevy Colorado https://corvettec5.com/heres-what-we-expect-from-the-2023-chevy-colorado/ Sun, 08 May 2022 03:42:58 +0000 https://corvettec5.com/heres-what-we-expect-from-the-2023-chevy-colorado/ Since its introduction in 2004, the Chevrolet Colorado has been a popular midsize truck. It was created to replace the aging Chevy S-10 pickup truck and as of 2015 it is in its second generation. For the 2023 model year, General Motors is expected to release the third generation of this truck. That means it […]]]>

Since its introduction in 2004, the Chevrolet Colorado has been a popular midsize truck. It was created to replace the aging Chevy S-10 pickup truck and as of 2015 it is in its second generation. For the 2023 model year, General Motors is expected to release the third generation of this truck. That means it should get a variety of updates and improvements. So what do we know about the 2023 Colorado and will it be a truck worth buying?

What’s new for the 2023 Chevy Colorado?

Chevy Colorado | Chevy

The biggest news for the 2023 Colorado pickup truck is that it is expected to enter its third generation. Changes will likely be made to available trim levels, styling and overall capabilities. In terms of trims, the Chevy Colorado midsize truck is currently offered in WT, LT, Z71, and ZR2 trims. According to GM Authoritythat could change, with the Z71 trim eliminated for a luxury-focused truck with an LTZ or High Country package.

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The coolest car that no longer exists! https://corvettec5.com/the-coolest-car-that-no-longer-exists/ Fri, 06 May 2022 11:00:21 +0000 https://corvettec5.com/the-coolest-car-that-no-longer-exists/ The idea of ​​concept cars (or the concept of idea cars?) has been around for a long time. A concept car is a great way to gauge people’s reaction to new and sometimes revolutionary car designs, which was even more true before the advent of the internet. And, after all, it’s a lot cheaper to […]]]>

The idea of ​​concept cars (or the concept of idea cars?) has been around for a long time. A concept car is a great way to gauge people’s reaction to new and sometimes revolutionary car designs, which was even more true before the advent of the internet. And, after all, it’s a lot cheaper to build a few than to commit to a full year of production on a car that might turn out to be a dud.

What What happens to concept cars when they’re done showing?

Unfortunately, most concept cars are lost. Why? Well, since most don’t carry real VIN numbers, they can’t be sold or even driven on the roads. So, once their work is done, manufacturers either have to pay to store them or simply send them to the grinder after being stripped of any useful bits. Some manage to survive thanks to devious employees, and some notable ones have been placed in the historical collections of the makers, but they usually cease to exist. Such was the case with the original 1954 Corvette Corvair concept cars. It seems five (a number open to debate) were built by GM to show off the fastback body style, and the first was unveiled at the 1954 Motorama Show. held at the Waldorf-Astoria in New York. GM liked to make variations of its new Corvette, including a convertible, a sporty fastback and a nice two-door station wagon. Most simply disappeared, although the station wagon eventually transformed into a full-size vehicle called the Nomad. The fastback body style shown here was retained, but was produced as an entirely different car than the four-seat, rear-mounted engine, and futuristic design you see here, called the Corvair (a portmanteau of “Corvette ” and “Bel Air”).

This 1954 Corvette was hand-built to replicate the Motorama Corvair coupe and was built by Brett Henderson of Blue Flame Restorations, with every effort made to faithfully reproduce the concept car. It features stock 1956 rear axle and a set of AC Delco shock absorbers, as well as stock 1954 front suspension and steering parts. stopping with more confidence, while the 265 ci (4.3 liter) V-8 engine is powered by a four-barrel Holley carburetor and is backed by a 700R four-speed automatic transmission linked to a shifter Two-speed Powerglide. The 15-inch steel wheels are wrapped in a set of vintage Firestone whitewall tires, giving it even more vintage originality. Finished in a fresh coat of Crystal Red, the interior uses custom-designed Al Knoch bucket seats, custom glass, gauges from a 1956 installed in the 1954 factory dash, and more. Entered in the 2015 Amelia Island Concours d’Elegance, the car was also named a personal favorite by legendary custom car builder George Barris at the Corvette Funfest, also in 2015.

Why Did GM ever produce the Corvette Corvair?

When the 1953 Corvette was released, its styling and fiberglass construction were revolutionary, but only 300 were sold. It looked amazing, but compared to the sports cars coming out of Europe, competitive performance was sadly missing from the mix, in part because of the Blue Flame straight-six engine and two-speed Powerglide automatic transmission. Without a manual transmission to compete with German, Italian and British offerings, the Corvette was not a viable choice for many. As such, sales were poor, and Chevrolet considered killing the Corvette.

Enter Zora Arkus-Duntov (remember him and his Ardun flathead Ford OHV engine kit?). Zora knew a few things about performance and had big ideas about adding V-8 engines and manual transmissions to the Corvette so it could better compete in the sports car segment. However, his rescue of the Corvette didn’t happen fast enough to save the Corvette Corvair design, and the concept cars were consigned to oblivion. The red pictured here disappeared right after the Motorama show, and a Seafoam Green version (some say it was actually the same car, repainted) was shown around the country before doing the same disappearing act.

1954 Chevrolet Corvette Corvair Concept Replica Mecum Highlights

  • Hand-built by Brett Henderson of Blue Flame Restorations, with every effort made to faithfully replicate the original GM Motorama concept car
  • 265ci V-8 engine
  • Holley four-barrel carburetor
  • 700R four-speed automatic transmission mated to a two-speed Powerglide shifter
  • 15 inch steel wheels
  • Vintage Firestone White Walls
  • Fresh paint
  • Entered in the Amelia Island Concours d’Elegance in March 2015
  • Stock 1956 rear and AC Delco shocks
  • Original 1954 front suspension and steering parts
  • Front disc brakes
  • Gauges from a 1956 model were laid in the factory dash from 1954
  • Custom designed Al Knoch bucket seats
  • Custom glazing
  • Named a personal favorite by legendary custom car builder George Barris at Corvette Funfest in 2015
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