article thumbnail

Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans. months, Kia at 64.8

Auto 145
article thumbnail

The hidden costs of using an electric bike

Baua Electric

But while you’ll see plenty of people espousing the supposed advantages of electric bikes, it’s important to keep in mind some of the hidden costs of owning and using these two-wheeled electric vehicles. I only hope my experience can serve as a warning to others FTC: We use income earning auto affiliate links.

Cost Of 52
article thumbnail

Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

Bookings for the Tiago.ev Customers can reserve their car by paying a booking amount of INR 21,000 (US$254), at any authorized Tata Motors dealership or on the website. In addition to the above, customers will also enjoy an 8-speaker Harman Infotainment System with Android Auto and Apple Car Play connectivity.

Motor 435
article thumbnail

Tesla wins Kelley Blue Book’s 2023 5-year Cost to Own Award for premium EVs

Teslarati

Consumers are well aware that vehicle ownership involves not only the purchase price of cars but also the vehicle’s total cost of ownership. With this in mind, Kelley Blue Book (KBB) named its 2023 model-year brand and category winners of its 5-Year Cost to Own Awards.

Tesla 145
article thumbnail

Interview: Rajesh Jejurikar, Executive Director and CEO (Auto and Farm Sector), Mahindra & Mahindra | Autocar Professional

Baua Electric

The booking for the Thar four-wheel drive continues to remain strong and it has gone back to its earlier level, the rear wheel drive has got new customers, that is what is keeping the booking pipeline going for Thar. They are different and they are not cannibalising, that is why we are seeing the Scorpio booking numbers grow.

Auto 40
article thumbnail

E-quipment highlight: Husqvarna electric plate compactor

Baua Electric

Together with the brushless motor, this means lower running costs and a better total cost of ownership while keeping downtime to a minimum. FTC: We use income earning auto affiliate links. The post E-quipment highlight: Husqvarna electric plate compactor appeared first on Bauaelectric Auto News.

article thumbnail

Bank of America introduces residential EV charger financing

Teslarati

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. According to Kelley Blue Book , average new EV prices were $61,448 at the end of December, with new data expected to be released in the coming days. This was a $3,594, or a 5.5

Financing 145