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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

percent interest with 20 percent down, Investopedia suggests a total purchase price for your shiny new car – including taxes and whatever other fees a dealer feels like charging that day – at just $16,687. In fact, I feel my headline figure of $15,000 is actually generous, since the $16,687 estimate includes dealer fees and taxes.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

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Dalia EuroPulse survey finds 58% of Europeans would consider buying an EV; 34% approve of more gov’t support

Green Car Congress

Although the Germans are leading the charge on a political level, it is the Italians who have the highest share of potentially interested customers: 54% of Germans would consider buying one, compared to 79% of Italians (lowest is the UK with 52%). Across all EU countries, 22% would support higher vehicle emission taxes.

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Ford charges Mustang Mach-E customer $10k in doc fees, but it was a big misunderstanding

Teslarati

One Mach-E owner was excited to pick up his new EV until a $10,000 addition to the taxes and fees summary, labeled as a “Document Fee,” almost stopped the delivery of the car. ” That was precisely his plan, an attempt to free him of an already painful car buying process. .” We’re paying MSRP plus tax.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act.

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Former Buick-GMC worker in Michigan sentenced to 42 months in jail for embezzling

Baua Electric

The Circumstance of Michigan stated it believes Root embezzled the cash between 2016 and 2019, the usage of the money for playing. It was once when LaFontaine was once buying Glenn Buege Buick-GMC Lansing that Root confessed to taking greater than $250,000 from the dealership to safeguard her playing losses.

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Canada and California to work together on cleaner transportation

Green Car Congress

California conducted a similar review in 2016 for vehicle standards through the 2025 model year and found the standards achievable, cost-effective and appropriate. Businesses that buy zero-emission vehicles are also now eligible for a tax benefit estimated to be worth around $13,000 in the year they purchase the vehicles.

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