If you are interested in buying or selling a new or used car, there are several trends you need to be aware of. In fact, any auto enthusiast will want to observe these trends. So, whether you are living in Los Angeles or just passing through with the hope of looking at Jay Leno’s garage, it’s important to stay up to date with the latest auto trends. And if you find yourself with a traffic violation, make sure to take advantage of traffic school online. For now, here is a look at the top auto trends in California to be aware of.
Auto Subscription Service
One of the latest trends to hit the auto market is subscription services. Such services give consumers the ability to bundle their car-related expenses and have access to a variety of cars. For example, the Porsche subscription program bundles a driver’s insurance, tax and registration, maintenance costs, and roadside assistance services for as low as $2,000 a month, giving the driver access to eight different Porsche models. For $3,000 a month, a driver can have access to 22 different Porsche models. This may seem like a lot of money, but remember, we are talking about Porsche here. As the subscription model continues to catch on and gain popularity, it may become one of the most preferred methods of transportation.
We have long seen the benefits of using electricity to fuel our vehicles. And as we continue to move through the next few decades, it is expected that hybrid and electric cars will become even more popular. And it may seem that a tax credit of up to $7,500 may be enticing enough to persuade lots of auto buyers to purchase an electric vehicle, but the truth is, it hasn’t been as appealing as many people thought it would be. Also, the fact that electric cars are generally sold at a loss doesn’t entice buyers to buy them either. Fortunately, technology will enhance auto manufacturing practices and help them steer clear of cars that require hours-on-end of charging, which is a huge drawback that causes buyers to stay away from purchasing these cars.
Uber and Lyft have revolutionized the transportation industry. The economy is seeing great benefits from these ride-sharing service providers on both sides of the fence — consumer and service provider. Your ordinary consumer can provide such services using their own vehicle, putting money into their pocket and extra money into our tax system. And for those who need ride-sharing services, Uber and Lyft have made it exceptionally easy and affordable to get from point A to point B.
As we continue to advance in technology, we are also going to see a progression of self-driving cars. Sure, self-driving cars may not be a common occurrence over the next few years, but we are going to see more autonomous features, including lane departure warnings, self-parking and more. And within the next decade or two, you can expect to see more and more self-driving cars.
It’s important to understand that most cars on the road are over 10 years old, so the technologies used in newer cars aren’t familiar to most people. As we become more accustomed to these newer technologies, though, it will become easier to see how the auto industry is evolving, especially regarding self-driving cars and autonomous features.