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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. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. I’d love to hear from you!

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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence.

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Nissan offers Chevy Bolt EV drivers a deal to buy a new LEAF

Baua Electric

If you drive a Chevy Bolt EV or EUV model, Nissan wants you to buy (or lease) a new LEAF. The offer is good when financing at one of Nissan’s promo rates or leasing through NMAC. According to online auto research firm CarsDirect , this is the first time Nissan has targeted Chevy Bolt EV drivers.

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Top 7 Tips for Buying a Car

Clean Fleet Report

Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. In this post, we explore seven essential tips on buying smartly.

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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

In India, buying a pre-owned vehicle is no longer considered a ‘compromise’. Gupta recalled that in 2016-17, the penetration of finance was hardly 7%. Mahindra FirstChoice enables used car sales through inspections before it goes for financing. Second, it provides a B2B auction platform for dealers called EDIC.

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3 Top Tips—How To Get a Great Deal on Your New Car

Clean Fleet Report

Buying a new car is a thrilling experience, but it can also feel overwhelming. With all the car makes, models and prices navigating the world of auto sales can seem like a real challenge. For instance, many dealers will be more likely to give you a good deal when they have too much inventory. The price isn’t fixed.

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Auto lenders worry worsening economic system may manage to extra fraud

Baua Electric

Auto lenders polled via synthetic insigt and information supplier Level Predictive for its 2023 Auto Lending Fraud Survey worry worsening financial situations may push mortgage fraud and defaults upper this while. Pay stub forgery continues to be a illness for auto lenders, the vast majority of whom mentioned they imagine up to 10 p.c

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