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Tesla Offering Auto Loans With 7-Year Financing In USA — And Why

CleanTechnica EVs

Tesla has announced a new 84-month auto loan option for its customers in the U.S., giving buyers up to seven years of financing for new car purchases. The shift, which adds an additional year to Tesla’s previously available financing options, has a very specific reason for being added, according to CEO Elon Musk.

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BYD partners with local bank to provide auto financing in Brazil

CN EV Post

BYD, which officially entered the Brazilian passenger car market last December, expects to have a presence in 45 cities in the country by the end of this year. The post BYD partners with local bank to provide auto financing in Brazil appeared first on CnEVPost. For more articles, please visit CnEVPost.

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BMO exiting retail auto finance trade

Baua Electric

The Store of Montreal is exiting the retail auto finance trade, because it seems to redeploy sources to farmlands the place its “competitive positioning is strongest.” The Montreal-based lender will stop making client car loans, however proceed providing financing for sellers, BMO spokesperson Jeff Roman showed Sept.

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Renault India joins with Bajaj Finance to offer financing solutions to its customers – ET Auto

Baua Electric

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. RIPL), the European car brand in India, has partnered with Bajaj Finance Ltd.,

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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. I’d love to hear from you!

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Tesla opens up new financing term option for EV customers

Teslarati

Tesla has opened up a new financing term option for EV customers with an 84-month term, extending the payoff period for vehicle owners that wish for more financial flexibility. The automaker opened the 84-month financing term on Friday. NEWS: @Tesla has launched 84 month financing in the US. I’d love to chat!

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Fisker creates “Fisker Finance” with JPMorgan Chase and Santander

Teslarati

Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. In addition to finance, the app will also be updated to allow customers to make other purchases. Shoot me an email at william@teslarati.com.

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