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8 new cars that are selling below MSRP

Car shopping has been a frustrating activity for many people in recent years, as strained new car inventories have led to markups and elevated prices across the board. It’s been difficult to find vehicles at anywhere near a reasonable price, and some in-demand models are still listed at a premium today. iSeeCarsÂ’ most recent study looked at several aspects of the new and used vehicle markets and found a handful of models that are selling at a discount – a rarity in todayÂ’s world. Most of the vehicles selling below MSRP in October were electric, though the Nissan Armada and Infiniti QX80 made the top eight. To be clear, weÂ’re not talking about huge discounts here – the Kia EV6 was selling with the largest discount of 3.1%. The other models on the list include: Kia EV6: -3.1 percent off MSRP Ford F-150 hybrid: -2.8% Hyundai Ioniq 6: -2.7% Nissan Armada: -1.8% Hyundai Ioniq 5: -0.9% VW ID.4: -0.6% Kia Niro EV: -0.3% Infiniti QX80: -0.2% Electric and hybrid vehicles like the Kia and Ford have been selling at a premium for a long time, as they experienced stronger than expected demand and had challenging early production runs. That theyÂ’re now selling at a discount could indicate wavering buyer demand, but itÂ’s too early to start sounding any serious alarm bells. Though some models are getting cheaper, the industry average is still heading in the wrong direction. The average MSRP of new cars sold last month was $42,510, while the average sales price was $46,077. That 8.4% overage is surprising to see so many months after the worst of the pandemic has passed. iSeeCarsÂ’ executive analyst Karl Brauer had a few words of encouragement, however, saying, “There are still very few ‘dealsÂ’ in the new car market. Shoppers looking to pay below MSRP for a new car will have to do their research, but a small number of models can be bought below sticker price.” Green Ford Hyundai Infiniti Kia Nissan Volkswagen Car Buying cheap cars

Kia debuts the compact Seltos crossover in Delhi

The Kia Seltos has had an unusual gestation, with two concepts, exterior sketches, interior sketches, an effective reveal during a photo shoot, a christening via mythology and more teasers. Even so, since the Kia Seltos small crossover began as last year's SP concept for the Indian market, it's fitting Kia hosted the production model's debut in Delhi. We're still missing a few details, like the look of the production interior and drivetrain options, but we have a bit more to go on. The detailing and materials are what could set the Seltos apart in the segment. The overall lines are familiar, however, Kia designers have worked to make those lines lyric instead of prosaic. The front fascia's been defined by three transverse metallic-look pieces shaping the upper and lower forms. The wide tiger-nose grille gets bracketed by crisp splashes of color with the LED headlights and intricate turn signals. The rear end's creasing, shadow and metallic effects are bounded by LED taillights and more "3D multi-layer indicators." We've seen renderings of the interior and know to expect a 10.25-inch infotainment screen atop the instrument panel. That screen display can be split up to show three infotainment applications at once. Kia says there will be an available eight-inch heads-up display on a glass panel behind the steering wheel. Optional eight-speaker Bose audio can pump tunes that guide the optional Sound Mood Lighting, which uses ambient lighting to create a light show timed to the beat. Indian buyers will have a choice of a 1.6-liter turbo four-cylinder with 175 horsepower, a 2.0-liter four-cylinder with 147 hp, and a 1.6-liter diesel four with 134 hp. Kia didn't specify how the transmission options will be assigned, but the selection includes a seven-speed dual-clutch, a six-speed automatic, and a CVT. A three-mode driving selector offers Eco, Normal, and Sport. The Kia release said "Sport mode increases responses from steering and electric motor to maximize the dynamic driving feel." As there's no mention of hybridization, we wonder if the electric motor refers to the electrically-assisted power steering, or something else. Wheel choices for India start with 16-inch alloys on 205/60 rubber, moving on to 17-inchers on 215/55 rubber, topping out at 18-inch wheels on 235/45 tires. In one of the interior drawings, we noted buttons that appeared to control all-wheel drive, hill descent control, and a locking rear differential.

Kia's Australian arm wants a Toyota Land Cruiser-like SUV

The team in charge of Kia's Australian division is asking the company's top brass for a rugged, body-on-frame SUV with Toyota Land Cruiser-like off-road capacity. The model could arrive quickly if it's approved for production. "We need probably one or two bigger [SUVs], to be quite honest. That would help us dramatically," affirmed Damien Meredith, the chief operating officer of Kia Australia, in an interview with Motoring. He added there's room above the Sorento for a new SUV, and he requested a sturdy model capable of towing and going off-road. In the United States, Kia's biggest SUV — and the largest car it has ever put its name on — is the well-received Telluride (pictured) released in 2019. It's not as tough as the body-on-frame model Meredith has in mind, and it's not sold in Australia because it's currently only available with left-hand drive. Kia would need to create a new model to challenge the Land Cruiser Prado (which is smaller than the standard model, and sold as the Lexus GX in the United States) and the Ranger-based Ford Everest in Australia, but it might not have to start from scratch. In 2019, Meredith confirmed Kia and sister company Hyundai are jointly developing a body-on-frame pickup aimed at Toyota's Tacoma-sized Hilux and the Ford Ranger, Australia's best- and second-best-selling vehicles in 2019. Kia could follow the path blazed by its rivals and turn its upcoming medium-sized truck into a family-friendly SUV. This strategy would give its Australian division the Land Cruiser-punching model it's asking for, while allowing it to leverage the benefits of economies of scale by sharing parts across several model lines. Kia stressed the SUV on Meredith's wish list hasn't been approved for production yet, so it's far too early to tell whether it will be available in the United States. Offering it outside of Australia is a must, though. Toyota sold 18,335 units of the Land Cruiser Prado on the Australian market in 2019; even if Kia tops it with 20,000 sales, that's not nearly enough volume to justify developing a new car, even one built on an existing platform. We'll have a better idea of what the future holds for Kia's global SUV range when the aforementioned trucks make their debut. Both are expected on sale by 2021, so they're around the corner, and neither has been confirmed for the American market yet; Hyundai's version is unrelated to the Santa Cruz also under development. Related Video: