When Suzuki launched its new 800cc platform, including the Suzuki GSX-8S, many believed it signaled the end of the Suzuki SV650. However, the SV650 has made a significant impact in the motorcycle world and has become incredibly popular among riders. Almost every motorcyclist has encountered the SV650 at some point due to its widespread presence.
However, it seems that Suzuki hasn’t forgotten about the SV650 amidst the launch of its cutting-edge middleweight bikes. Suzuki has recently introduced the 2023 SV650X on its official website in France, suggesting that the retro-style middleweight machine may not be discontinued just yet. While France has seen various special edition Suzuki motorcycles, it remains uncertain if the 2023 SV650X is exclusive to the French market.
The SV650, in both its standard and X platform, doesn’t require much introduction. For those unfamiliar with the bike, it has been the benchmark for middleweight naked sportbikes worldwide for nearly two decades due to its simplicity and versatility. The SV650 epitomizes the concept of “less is more” and is often regarded as the best all-around motorcycle. In fact, in 2020, an article was published highlighting why the SV650 could be considered the ultimate all-rounder.
Regarding the 2023 Suzuki SV650X, there aren’t many updates. The bike features a sleek gray paint scheme with contrasting bronze alloy wheels. It retains all the retro-inspired elements such as the headlight cowl, low-slung bars, and cropped tail section. It is equipped with the same 645cc liquid-cooled, fuel-injected, V-twin engine that has been used for decades, producing 73 horsepower and 45 pound-feet of torque. The price for the SV650X is set at 7,999 Euros, which is approximately $8,981 USD.
While vans are not typically known for their sporty handling, it is interesting to observe how the European version of the VW ID. Buzz performs in both the moose test and a slalom. This retro-inspired electric vehicle demonstrates impressive performance during the evaluations.
This particular ID. Buzz variant showcases a short-wheelbase design with a single rear-mounted electric motor, which generates 201 horsepower. It is equipped with Continental EcoContact 6 tires.
In recent years, the cost of buying a car has significantly increased, especially since the start of COVID. This has made it more challenging for new buyers to consider the financial implications of purchasing a vehicle. One significant expense to consider when buying a car is the cost of maintenance over the first ten years.
While many people focus on the initial cost and value of a car, it is crucial to consider the maintenance fees as well. Choosing a car known for its quality and reliability can save you a lot of money and give you peace of mind knowing that the car won’t break down constantly.
This list of the top 10 cheapest cars to maintain was compiled using data from CarEdge, Edmunds, NHTSA, and Car and Driver. All information is based on the newest model year for each car.
102023 Honda Civic
Honda
Front 3/4 of the 2023 Honda Civic Sedan in the desert
The Honda Civic has a storied history, and the 2023 model continues to live up to its name. It is an excellent compact car that offers great gas mileage and is fun to drive.
Reliability
Honda is synonymous with reliability, and the Honda Civic upholds this reputation. It has low maintenance costs, affordable price tag, and is known for its fun driving experience. In the 90s, the Civic was popular among teens as their first car due to its reliability and low cost of ownership.
Avg. Yearly Maintenance Costs: $525
Total Est. Yearly Costs: $4,846
Est. Maintenance Costs During First 10 Years: $5,245
Total Recalls: 0
Chance of Major Repair Costing $500 Or More: 15.57%
Worst Year To Buy Used: 2016 Honda Civic
92023 Toyota Supra
Toyota
A 2023 Toyota GR Supra parked on a racetrack.
The Toyota Supra is an incredible sports car, representing the best of old-school sports cars. It is quick, looks good, and features a six-speed manual transmission.
Reliability
While sports cars aren’t usually associated with cheap maintenance costs, the Toyota Supra breaks that stereotype. Despite being a sports car, it offers low maintenance costs and affordable ownership:
Avg. Yearly Maintenance Costs: $495
Total Est. Yearly Costs: $9,687
Est. Maintenance Costs During First 10 Years: $4,950
Total Recalls: 0
Chance of Major Repair Costing $500 Or More: 12.57%
Worst Year To Buy Used: Any MK4 Supra
82023 Mitsubishi Mirage
Mitsubishi
Side shot of the 2023 Mitsubishi Mirage
The Mitsubishi Mirage is an affordable and practical car. It offers low costs for buying and repairing, as well as excellent fuel efficiency. However, it doesn’t come with any luxury features or high performance.
Reliability
The Mitsubishi Mirage is one of the cheapest cars available, even among entry-level hatchbacks. It is perfect for those who want a reliable vehicle that gets them from point A to point B without any frills:
Avg. Yearly Maintenance Costs: $493.90
Total Est. Yearly Costs: $4,488.40
Est. Maintenance Costs During First 10 Years: $4,939
Total Recalls: 0
Chance of Major Repair Costing $500 Or More: 15.09%
The Honda Fit is an excellent entry-level car, offering practicality, fuel efficiency, and a spacious interior. While it lacks fancy features, it is perfect for those looking for an affordable, reliable vehicle.
Reliability
The Honda Fit is an entry-level car with basic features. It is known for its fuel efficiency and spacious interior:
Avg. Yearly Maintenance Costs: $491.50
Total Est. Yearly Costs: $5,522
Est. Maintenance Costs During First 10 Years: $4,915
Total Recalls: 1
Chance of Major Repair Costing $500 Or More: 14.86%
Worst Year To Buy Used: 2008 Honda Fit
62022 Toyota Avalon
Toyota
3/4 action shot of the 2022 Toyota Avalon Touring
The Toyota Avalon is a flagship sedan known for its spaciousness, practicality, and V-6 engine. Although it may not be the newest model, it still offers excellent reliability and can be purchased at a fair price.
Reliability
The Avalon is Toyota’s near-luxury sedan, offering a spacious interior and well-equipped entry-level trims:
Avg. Yearly Maintenance Costs: $440.70
Total Est. Yearly Costs: $6,732
Est. Maintenance Costs During First 10 Years: $4,407
Total Recalls: 0
Chance of Major Repair Costing $500 Or More: 11.89%
Worst Year To Buy Used: 2006 Toyota Avalon
52023 Toyota Camry
Toyota
Front action shot of a silver 2023 Toyota Camry Hybrid XSE
The Toyota Camry is a standout in the midsize sedan class. It continues to top sales charts due to its reliability, fuel economy, and range of trim levels to suit different preferences.
Reliability
The Camry is renowned for its reliability, fuel economy, and availability in multiple trim levels:
Avg. Yearly Maintenance Costs: $420.30
Total Est. Yearly Costs: $5,362
Est. Maintenance Costs During First 10 Years: $4,203
Total Recalls: 1
Chance of Major Repair Costing $500 Or More: 11.89%
The Toyota Prius Prime is a hybrid version of the popular Prius model. It offers a blend of performance, practicality, and fuel efficiency. Despite being more exciting than ever, it remains affordable and environmentally friendly.
Reliability
The Prius Prime is reliable, fuel-efficient, and affordable to maintain. It is environmentally friendly and offers low maintenance costs:
Avg. Yearly Maintenance Costs: $409.80
Total Est. Yearly Costs: $7,022
Est. Maintenance Costs During First 10 Years: $4,098
Total Recalls: 0
Chance of Major Repair Costing $500 Or More: 11.22%
Porsche is refreshing their entire 911 lineup, and that includes the popular GT3 model. A new spy video captures the GT3 as it laps the famous Nürburgring track and cruises on the nearby roads.
From the license plates seen in the video, it appears that there are multiple cars being tested. Some of these vehicles have lower inlets that resemble the current GT3, while others have concealed panels in that area (as shown below). The dual outlets at the front of the car remain the same.
The year 2023 has proven to be an extraordinary one for automotive enthusiasts and collectors, particularly those with a penchant for the iconic Italian marque, Ferrari. With several high-profile auctions taking place around the world, we have witnessed the sale of some truly exceptional Ferraris at record-breaking prices.
(Featured Image Source: RM Sotheby’s)
In this article, we will explore the top-tier Ferrari models that fetched astonishing sales prices in 2023, demonstrating the enduring allure and value of these legendary automobiles.
1962 Ferrari 250 GT SWB California Spider: The 1962 Ferrari 250 GT SWB California Spider stole the show at the Gooding & Co. auction in Amelia Island. Finished in Azzurro Metallizzato and adorned with a Naturale interior, this stunning classic boasted a remarkable 74,360 miles on its odometer. Collectors vied for the chance to own this piece of automotive history, ultimately driving the price to an astonishing $16,400,000.
1972 Ferrari 312 PB: At the RM Sotheby’s auction in Villa Erba, a vibrant red and yellow 1972 Ferrari 312 PB, bearing the number 8, captivated bidders. This exceptional racing car, known for its illustrious past on the track, achieved a remarkable hammer price of $11,581,290, showcasing the enduring appeal of vintage Ferrari race cars.
1961 Ferrari 250 GT SWB Berlinetta: Another notable entry from the Villa Erba auction was the 1961 Ferrari 250 GT SWB Berlinetta. Finished in a striking red exterior with a sleek black interior, this classic Ferrari exemplified timeless beauty. Its impressive hammer price of $6,331,827 underscored the desirability of this model among collectors who appreciate its historical significance and elegant design.
1955 Ferrari 121 LM Spider: The RM Sotheby’s auction in Le Mans witnessed an extraordinary sale—the 1955 Ferrari 121 LM Spider. Adorned in a captivating red livery with the number 5 proudly displayed, this racing icon commanded attention. With a price of $5,490,341, this Ferrari exemplified the enduring allure of vintage racing cars among passionate collectors.
1951 Ferrari 340 America Spider by Touring: Artcurial Motorcars’ auction in Paris presented an exceptional Ferrari: the 1951 Ferrari 340 America Spider by Touring. Bathed in a mesmerizing blue hue with an elegant black interior, this rare gem showcased the pinnacle of automotive craftsmanship. The discerning collectors recognized its uniqueness, driving the final bid to an impressive $5,359,753.
1995 Ferrari F50: The RM Sotheby’s auction in Amelia Island showcased the modern classic, the 1995 Ferrari F50. Finished in the iconic Rosso Corsa with a captivating black and red interior, this supercar boasted a mere 1,342 kilometers on the odometer. Collectors clamored to secure this piece of Ferrari’s rich heritage, resulting in a hammer price of $4,600,000.
2003 Ferrari Enzo: The Paris auction held by RM Sotheby’s unveiled a Nero-clad 2003 Ferrari Enzo, featuring a luxurious Pelle Nera interior. With its distinguished design and formidable performance capabilities, the Enzo commanded attention and an impressive $3,964,496.
2014 Ferrari LaFerrari: At the Scottsdale auction, RM Sotheby’s presented the 2014 Ferrari LaFerrari in electrifying Blu Elettrico with a refined Crema interior. As a cutting-edge hybrid hypercar, it showcased Ferrari’s commitment to innovation. The price of $3,700,000 solidified its status as one of the most sought-after modern Ferraris.
1985 Ferrari 288 GTO: The Amelia Island auction featured the 1985 Ferrari 288 GTO, a true icon of automotive excellence. Painted in Rosso Corsa and complemented by a striking Nero and Rosso interior, this rare and powerful machine inspired fierce bidding, culminating in a sale of $3,600,000.
1991 Ferrari 643 Formula 1: The RM Sotheby’s auction in Paris witnessed the sale of the 1991 Ferrari 643 Formula 1 car, resplendent in Rosso Corsa with the number 28 emblazoned on its body. This embodiment of Formula 1 excellence garnered significant attention, leading to a hammer price of $3,579,059.
So far, the year 2023 has been an extraordinary one for Ferrari collectors, with remarkable models achieving record-breaking prices at auctions around the world. From the elegance of the 1962 250 GT SWB California Spider to the cutting-edge technology of the 2014 LaFerrari, these Ferraris embody the brand’s rich heritage and timeless appeal. As the passion for these iconic automobiles continues to thrive, their allure as both investments and symbols of automotive excellence remains unparalleled.
In recent years, there has been a significant increase in the popularity of electric vehicles, particularly motorcycles. This trend is particularly evident in the Asian market, where electric scooters and motorbikes are valued for their practicality and affordability. Many of the leading electric two-wheeler companies are based in the region, with India and China playing a key role. Yadea, a Chinese brand, is one such company with plans for expansion.
Yadea offers a wide range of models tailored to suit the needs of various commuters. Their lineup includes electric scooters, mopeds, and bicycles designed to provide practical and affordable mobility solutions. As an up and coming company, Yadea shows no signs of slowing down. Recently, they announced a $1 billion investment in a new production facility in the Philippines.
While the Philippines has yet to fully embrace electrification, there has been a growing number of electric scooters and bicycles on its roads. Zero, a California-based electric motorbike manufacturer, has also struck a deal with a major corporation in the Philippines to produce electric motorcycles for the Southeast Asian market. Given the heavy reliance on motorcycles for mobility in the Philippines, setting up shop in the country holds great potential for Yadea. Moreover, the government’s efforts to attract direct foreign investment through lowered taxes and accelerated permit processing further enhance the appeal of the Philippines as a manufacturing base.
Yadea currently has six production facilities in China and one in Vietnam, where they manufacture electric two-wheelers for sale in their respective markets as well as for export to neighboring countries. The company has expressed interest in filing a Philippine Economic Zone Authority (PEZA) application to establish a battery factory in Batangas, located about an hour’s drive from the country’s capital of Manila. Once approved and built, this battery facility will cater to local demand and meet the requirements of neighboring Asian countries.
Porsche’s Taycan has been spotted testing at the Nurburgring, and it seems to be an upgraded version with a potential Turbo GT badge, boasting over 1,000 horsepower. The electric vehicle’s black exterior looked sleek as it sped around the track, with the driver maneuvering to keep it stable on the wet surface.
Interestingly, this prototype has a roll cage fitted inside, which could be an indication that the Taycan Turbo GT is being put through its paces. The hefty horsepower and improved features might require extra safety measures during the testing process.
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