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This October might be the perfect time to buy one.
Here are four Japanesecars that will have massive price drops in October.
One primary factor is increased competition within the SUV segment, Gutierrez explained.
This competitive landscape forces manufacturers like Mazda to offer more value for money, hence the price cuts.
Additionally, advancements inmanufacturing efficiency and supply chain optimizationshave enabled Mazda to reduce production costs, Gutierrez continued.
These savings are often passed down to consumers through lower retail prices.
Economic factors such as fluctuating raw material costs and changing consumer spending habits influence pricing adjustments.
This move is largely influenced by the increasingly competitive landscape of the EV SUV segment, the expert said.
This lack of eligibility makes it less financially appealing compared to other models that do benefit from this incentive.
Consequently, Nissans decision to lower prices aims to offset this disadvantage and attract more buyers.
Advancements in technology and increased competition among automakers have made hybrid technology more accessible and affordable, Gutierrez described.
She said as more manufacturers introduce hybrid models, the market becomes saturated, driving prices down.
Historically, fall is a time when dealers prepare for the release of new models, explained Sultanov.
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