Edmunds: Five used luxury EVs you can get for cheap
Edmunds is playing the name game again, with another sports-themed ad campaign focused on a similarly named player. The car-shopping platform has teamed with the World Series champion Los Angeles Dodgers, and more specifically with their postseason star, Tommy Edman, in its latest campaign aimed at sports fans. Edmunds said the partnership was inspired by the company’s Los Angeles roots — not to mention the fact L.A. is the nation’s largest car market — that “celebrates L.A. pride while spotlighting the tools that have made Edmunds a go-to resource for car shoppers well beyond Southern California.”
The 2025 Subaru Forester is a redesigned model, but Subaru didn’t exactly stray from the formula of the last generation. It’s still a boxy small SUV with great visibility, adventure-ready versatility, and a no-nonsense approach to interior design. Its many upgrades for 2025 help keep it competitive, but how does it fare against the class best?
Car shoppers considering buying an electric vehicle in 2025 will have more factors to consider than buyers in previous years. Most of it is good news. For instance, automakers are continuing to introduce new EVs and improve their current models. Expanded charging options and very attractive used EV prices are also hot topics for this year. But there are also negative trends you need to watch out for. Edmunds’ auto experts break down what you can expect before heading out and buying an EV for 2025.
Buyers can expect a bit more selection as dealer inventories rebound — also good for sales. Among the most popular categories of cars this year, according to Joseph Yoon, consumer insights analyst at Edmunds.com: Big and compact SUVs, pickup trucks of all flavors, and hybrids, which had a banner year in 2024 and figure to stay in demand. “Consumers have made it pretty clear” that they’re interested in electrification, but not necessarily pure electric vehicles, notes Yoon. If you’re looking to score a big discount, EVs are the place to shop, Yoon says, provided that you are open to going electric.
If you’re looking to buy a new car in 2025, Edmunds has some advice. It looked at more than 300 vehicles from dozens of brands to find the best cars, SUVs, and trucks currently on the market. “The Edmunds Top Rated Awards honor the best vehicles on sale today,” Edmunds’ editor-in-chief Alistair Weaver said. “In 2025, car shoppers are continuing to battle high purchase costs, and our winners combine all-round excellence with a fine value. Put simply, these are the cars, trucks and SUVs we’d advise our friends and family to buy.”
General Motors is hoping to grab a bigger share of the market for luxury electric vehicles. To that end, it just unveiled a souped-up version of its Cadillac Lyriq-V SUV. But when the average price of an EV already tops $50,000, is there much of a market for something even pricier? The price of this Lyriq EV starts at $80,000. Hardly a bargain. But in the EV world, luxury is in. But there are limits. Jessica Caldwell, head of insights at Edmunds, said the market for EVs selling for a $100,000 or more is really quite small. “A $100,000 EV is not going to be selling like hotcakes. It’s just — no one can afford it,” she said. Caldwell estimates that EVs with six-figure price tags are just a fraction of the market. Probably less than 1% of all vehicles sold.
Indeed, the evidence that automakers are hoping to reshape drivers’ intimate relationships with their cars was all over Las Vegas. “It was a theme across CES: You’re talking to a machine. You’re not connecting to humans,” says Jessica Caldwell, the director of insights at Edmunds. “Everywhere you look, there are robots.” Many automakers and suppliers rolled out experiences and design updates laser focused on adapting to drivers’ preferences through software systems and interiors—and finding new ways to make them happy inside the closed (and maybe lonely?) cabin.
The number of new-vehicle buyers with payments of $1,000 or more is at an all-time high, according to Edmunds.com, a car-shopping website. In its fourth-quarter report, Edmunds found they represented 18.9 percent — or nearly 1 in 5 — of such borrowers. This share has been steadily increasing; it was 17.4 percent during the preceding three-month period. There were a lot of concerning developments in the Edmunds data, which is based on aggregated information from hundreds of thousands of transactions at dealerships across the country.
Ivan Drury, director of insights at Edmunds, said if Trump eliminates the federal tax credits on EVs, there is one company that will largely benefit: Tesla. "Tesla is the brand people associate with EVs. Everyone knows it and people trust Tesla for electrification," he said. Drury also said the bar may still be high for some consumers to snag a 0% financing deal. "There are more leasing opportunities now than versus a few years ago," he told ABC News, adding that brand-new EVs are sitting on lots even with heavy incentives from automakers. If you're seriously debating getting an EV, now is the time, Drury recommended.
