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🏎️ How to get luxury cars WITHOUT breaking the bank

Good morning. Welcome back to Turbo Times!

Switching lanes is hard (apparently 🤔 )

News from The Paddock

Unveilings

Ford Unveils the 2024 Kuga SUV with a Fresh Active Trim 🚙

Ford has revealed the facelifted 2024 Kuga SUV, introducing a sleeker design in line with the Ford Escape, and debuting a new Active trim for those craving adventure. The updated model boasts a range of powertrains, including a 148bhp 1.5-litre EcoBoost, two hybrids with up to 180bhp, and a potent 240bhp PHEV option. Technology upgrades feature the latest SYNC4 system with wireless connectivity and advanced 'dynamic pixel' headlights. Available for order in the UK, with prices starting at £32,080 and first deliveries expected by the end of January 2024, the new Kuga is ready to set a new standard in the SUV category. Watch the world premier below 👇️ 

Hyundai Spices Up the EV Market with Kona Electric N Line 🌶️

Hyundai has unveiled the Kona Electric N Line, giving its best-selling electric vehicle a sporty makeover. This new iteration not only boasts a futuristic look but adds a dash of aggression with revamped bumpers, sleek side skirts, and exclusive 19-inch wheels. The interior matches this bold exterior with sports seats featuring red stitching, highlighting Hyundai's commitment to combining performance with style. Available in N Line and N Line S trims, the latter starting at £43,095, adds luxurious Alcantara seats and a premium Bose sound system. This electrifying addition to Hyundai's lineup begins production next month, promising a spirited drive with deliveries starting in spring. Learn more ⬇️ 

Sale of the Week

In a stunning showcase of classic automotive excellence, a 1989 Lamborghini Countach 25th Anniversary Edition has been sold for $575,000. This remarkable sale highlights the Countach's enduring legacy as a pinnacle of Italian engineering and design. With only 6k kilometers (~3,500 miles) on the odometer, this pristine example is finished in an alluring black-over-black leather upholstery powered by a 5.2-liter V12 engine paired with a five-speed manual transmission. Distinctive features include scissor doors, 15" OZ Racing multi-piece wheels, and a European-style front bumper, underscoring its unique allure. Sold with a clean Carfax report and an array of original accessories, including a removed rear wing and a tool kit, this Lamborghini Countach represents the zenith of 1980s supercar design and a significant piece of automotive history. Take a look below ⬇️ 

Buying?

Luxury for Less: How to Buy a Used Luxury Car

1. Research Models: Start by identifying which luxury car models hold their value and have a reputation for reliability. Look into common issues and maintenance costs to avoid expensive surprises.

2. Set a Budget: Determine your budget, including purchase price, insurance, and anticipated maintenance. Remember, luxury cars, even used, can have higher upkeep costs.

3. Inspection Is Key: Always have the vehicle inspected by a certified mechanic who specializes in the brand. They'll identify potential problems that could cost you down the line.

4. Check History: Obtain a vehicle history report using the car's VIN to check for any past accidents, ownership history, and service records.

5. Certified Pre-Owned (CPO) Programs: Consider CPO vehicles from reputable dealerships. They're often more expensive but come with manufacturer warranties and have passed rigorous inspections.

6. Negotiate: Armed with your research and the car's condition, negotiate the price. Be prepared to walk away if the deal doesn't meet your criteria.

7. Test Drive: A test drive is crucial. Pay attention to how the car handles, any unusual noises, and the condition of the interior features.

8. Financing Options: Explore financing options if necessary. Sometimes, credit unions offer better rates than dealership financing, especially for used cars.

9. Closing the Deal: Before signing, review all paperwork carefully. Ensure the terms match what was discussed during negotiations.

10. Future Maintenance: Plan for future maintenance by setting aside a budget for upcoming services, especially for high-end luxury cars where parts and labor can be costly.

Finding Deals:

  • Online Marketplaces: Websites like AutoTrader, Cars.com, and eBay Motors are great places to start.

  • Luxury Dealerships: Check out local luxury car dealerships for used and CPO vehicles.

  • Auctions: Online and physical auctions can have hidden gems, but be wary of potential risks.

Pro Tip: Patience pays off. Wait for the right car with a clear history, good maintenance records, and a fair price. Luxury doesn't have to break the bank if you're informed and cautious.

Upcoming Automotive Events

Washington Auto Show: Washington DC, USA, Friday, January 19th - Sunday, 28th January

Houston Auto Show: Houston, USA, Wednesday, January 24th - Sunday January 28th

This Week In Automotive History

The Mini Countryman's Grand Entrance

On this significant day in 2010, Mini introduced the Countryman, venturing into the subcompact crossover SUV territory for the first time. This model, the largest in the Mini lineup, seamlessly merged Mini's iconic design ethos with the practicality needed for modern driving lifestyles, marking a pivotal expansion for the brand.

A Legacy Reimagined

Since its inception in 1959, the Mini has been synonymous with compact size, fuel efficiency, and nimble handling. Under BMW's guardianship, the Mini underwent a transformation in 2001, growing in size while retaining its fun-to-drive character. This evolution laid the groundwork for further innovation, culminating in the launch of the Countryman.

Countryman: A New Chapter

The first-generation Countryman (R60), available for the 2011 model year, offered a mix of front-wheel and all-wheel-drive options alongside a range of 1.6-liter and 2.0-liter engines. It set a new standard for what a Mini could offer—more space, versatility, and the option for adventure. The second-generation (F60), introduced in 2017, further solidified its position with increased dimensions and the introduction of a hybrid variant, reflecting Mini's commitment to innovation and sustainability.

Today’s Diverse Mini Lineup

The Mini family now includes the Hardtop, Convertible, Clubman, Countryman, and Electric Mini, each available in various trims to cater to a wide array of driver preferences. The Countryman remains a cornerstone of the lineup, embodying the perfect blend of Mini’s traditional charm and contemporary needs. As we commemorate the unveiling of the Mini Countryman, we celebrate not just the expansion of a lineup but the enduring legacy of a brand that continues to enchant drivers worldwide.

Industry Insights

BMW Partners with Figure Robotics to Revolutionize Manufacturing 🤖

BMW has embarked on a pioneering venture by partnering with robotics startup Figure to introduce humanoid robots into its U.S. manufacturing facility, signaling a significant leap in automotive production technology. This collaboration, marking Figure's first commercial agreement since its inception in 2022, aims to deploy these robots in BMW's Spartanburg, South Carolina plant—the largest automotive exporter in the U.S. Initially starting with a modest number of robots, the partnership could expand based on performance outcomes. These humanoids are expected to be integrated into various manufacturing processes within 12-24 months, highlighting BMW's commitment to innovation and safety in automation. This move comes as humanoid robots garner increasing interest for their versatility and potential to perform a wide range of tasks alongside humans, challenging the traditional use of robots for specific functions.

Goodyear Announces New Leadership to Drive Forward 🔄

Goodyear Tire & Rubber Company has announced a significant leadership transition. Mark Stewart is set to become CEO and President on January 29, 2024, succeeding Richard J. Kramer, who retires after 24 years with the company. Laurette T. Koellner will take on the role of non-executive Board Chair. Stewart, joining Stellantis, where he led the North American EV transformation and achieved significant financial success, is poised to steer Goodyear toward future growth and innovation. This change reflects Goodyear's commitment to leadership in the tire industry and its strategy for long-term shareholder value. Kramer will continue in an advisory capacity to ensure a smooth transition, honoring his legacy of dedication and leadership at Goodyear.

Thanks for tuning into this week’s TurboTimes, and we’re all wishing you a happy new year!

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