2023 is near! As we approach the new year, manufacturers have been busy embracing new trends. Here are some of the latest innovations and features you’ll see in the new year.
Trends to Watch
Deluxe Features
It’s not just autonomous cars that the market is clamoring more. Drivers also want a more comfortable, personalized driving experience. The latest vehicles do more than take you from point A to point B. Instead, they include features such as:
In-air purification: Expect to see features designed to regulate air quality. These features will monitor and measure external air quality to enhance your comfort inside the vehicle.
Parking assist: Hate parallel parking? You’re in luck! Parking assist features can help you navigate even the tightest of spots like a pro.
Night vision: This feature uses an infrared set up to detect people, animals, and objects outside of the range of your vehicle’s headlights. This definitely a key safety feature to have!
Drowsiness detection: The National Highway Safety Administration estimates that around 100,000 police-reported crashes involve drowsy, or fatigued driving. To help combat this problem, more manufacturers are including drowsiness detection in vehicles. This feature uses internal cameras and sensors to alert you when may be driving drowsy.
Buyers Purchase Cars Online
You probably make many of, if not the majority of your purchases online. From household items to clothes and meals, today’s shoppers prefer to buy online. But what about cars? In the past, we might have been wary about performing such a large transaction online.
Buyers have been performing research and comparing prices before hitting the dealerships for years. It only makes sense that the shift to purchasing online has taken off. Prior to the COVID-19 pandemic, approximately 4.2% of total car sales were made online. All signs point to this percentage increasing as top online car sellers, Carvana, Shift, and Vroom experienced a 36% increase in sales during the first six months of 2020.
Online vehicle services offer convenience and efficiency. Customers typically spend over three hours at a dealer’s showroom. Sites like Carvana, Shift, and Vroom allow buyers to purchase a new vehicle from the comfort of their homes. As buyers continue to prioritize convenience and personalized shopping experiences, we’ll see even the most traditional of dealerships move to online buying platforms.
A Supercharged Electric Vehicle Market
Move over, hybrids. It’s all about all electric vehicles (EV) these days. While the market is largest in the Asia Pacific, it continues to grow steadily in Europe and the United States. According to Statistica, the market is expected to increase four times over to reach approximately $725B by 2026.
Under the $174B national EV expansion plan, the Biden administration has made commitments to build out domestic supply chains, grow a national network of charging stations, and establish sales rebates and tax incentives for the purchase of American-made EVs.
It won’t be long before EVs are the standard option for new vehicles. Case in point: General Motors has announced plans to only sell EVs by 2035. Until then, enjoy admiring some of the upcoming electric additions to the market.
Hottest Cars of 2023
"The X8 is the next potential SUV to come from the Bavarian marque, but where does it fit in since the X7 is already here and the XM is on the way? Well, the 2023 BMW X8 crossover is expected to be a more luxurious sibling sold alongside the hardcore XM. It will seat occupants in two rows but in exceptional comfort, edging ever closer into Maybach and Rolls-Royce territory, while leaving the X7 to cater to customers who need up to seven seats. The X8 looks set to be an unsurpassed luxury crossover flagship for the well-heeled." - CarBuzz
"The proportions are similar to the Aventador, particularly in regards to the A-pillar and roofline, which suggests Lamborghini is using the Aventador's carbon-fiber tub for the successor. This makes sense given the investment in an entirely new powertrain for the car.
We know power will come from a V-12-based plug-in hybrid system, and Lamborghini CEO Stephan Winkelmann has confirmed the V-12 will be a new unit, just the third, in fact, in Lamborghini's history. It will still be naturally aspirated, though the displacement may be lowered compared to the current 6.5-liter V-12 in a quest to reduce emissions." - Motor Authority
"Discover the all-new 2023 Corvette Z06 performance vehicle which boasts an impressive, hand-built LT6 5.5L engine, 8-speed dual clutch transmission, & more. What happens when you race this mid-engine masterpiece? You win. The C8.R race car did just that, bringing home back-to-back IMSA GTLM manufacturer championships. And now, that same engine comes to the streets with the all-new Corvette Z06. It’s purpose-built to dominate the track and boasts the most powerful naturally aspirated V8 in production, pumping out even more horsepower than the race car." - Chevrolet
"Aston Martin's next Vanquish will be a mid-engine supercar targeting the defining dream machines of the moment—cars such as the Ferrari F8 Tributo, Lamborghini's Huracán replacement, and the McLaren 720S and 765LT. Previewed by a concept car at the 2019 Geneva auto show (pictured), the Vanquish should start just north of $300,000 when it arrives in 2023." - Car and Driver
"We never thought we'd see the day when a Ferrari SUV became a reality, but in the wake of many successful high-dollar, high-performance sport-utes the company has finally caved to unrelenting marketplace pressure and produced 2023 Purosangue. An SUV with Ferrari's prancing horse badge on the grille won't ruin the brand, though. After all, successful iterations of the concept have served sports-car brands such as Porsche and Lamborghini quite well. It’s not only ultra-performance utes like the Cayenne Turbo or the Urus that the Purosangue will have in its crosshairs but also ultra-luxury models such as the Bentley Bentayga and the Rolls-Royce Cullinan. A thundering V-12 engine will be the only powertrain offered—why would it need anything else? The engineers have also buttressed the ‘Sangue’s ride-and-handling with a trick active suspension system to help it drive as a Ferrari should. Expect to need a hedge-fund manager's salary to afford it, of course; prices could start as high as $400,000." - Car and Driver
"The EVolution continues. Our first-ever three-row electric SUV joins the IONIQ family. From its signature Parametric Pixel lights that welcome you back with a unique light show, to a revolutionary lounge-like cabin tastefully designed with swiveling chairs and curved bench seat, SEVEN is a boldly electrifying concept SUV unlike anything you’ve seen." - Hyundai
No matter which trend you’re most excited about, LLCTLC is here to help you protect your ride and save thousands on your purchase. Contact us today to get started.