The EV Revolution and Auto Prices: Buying A Car in 2024

<p>SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at <a href="https://www.wealthion.com/">https://www.wealthion.com</a>.</p> <p><br></p> <p>Join Wealthion Host James Connor and Brian Sponheimer, Portfolio Manager at Gabelli Funds, for an in-depth analysis of the auto industry's current trends, economic implications, and what investors should be watching in 2024. </p> <p><br></p> <p>From the impact of the overall auto industry, what trends we should expect from EVs and autonomous vehicles, to the latest on what’s happening within the used car market. Sponheimer also shares his insights on vehicle affordability and investment opportunities. This episode conversation provides the perfect overview for anyone interested in understanding the auto sector's current influence on the economy and what current trends in the industry can tell us about the economy in 2024.</p> <p><br></p> <p><br><a href="https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A" target="_blank" rel="noopener noreferer"><br></a><br> Timestamps:</p> <p>00:48 - Economic Concerns & Outlook</p> <p>03:03 - Importance of Auto Industry to U.S. Economy</p> <p>07:59 - American Consumers & Pandemic Pricing</p> <p>10:25 - New vs. Used Car Market</p> <p>13:28 - Dealership Margins & Consumer Deals</p> <p>17:41 - The Rise of Electric Vehicles (EVs)</p> <p>21:54 - Maintenance Costs & EV Challenges</p> <p>24:52 - Tesla's Pricing Strategy & Industry Effects</p> <p>28:03 - Autonomous Driving & Ridesharing Trends</p> <p>32:23 - Dealer Consolidation & Consumer Benefits</p> <p>37:05 - Online Car Buying Tips & Transparency</p> <p>39:44 - 2024 Auto Industry Forecast & Economic Impacts</p> <p>42:54 - Leasing vs. Buying: What's Best for Consumers?</p>

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