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

The Truth About Cars

Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. 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.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. You might have to compromise a little when it comes to colour, features or mileage, but the listings are packed with brilliant buys. Renault ZOE Z.E.40

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Startups like CarDekho, SoftBank-backed CARS24 and Tiger Global-financed Spinny have carved a niche of their own with certifications, hassle-free payment system, refurbishing, quality checks and even financing, giving exactly what a young customer wants. Thus, opting for used cars became the immediate option for the buyers.

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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

In January, Volkswagen of America and BMW of North America, together with ChargePoint, announced an initiative to create more express charging corridors along heavily-traveled routes on the East and West Coasts; specifically to install nearly 100 DC Fast Chargers across both coasts aiming to have charging sites no more than 50 miles apart.

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From Marketing ICE Cars To Electric Cars: Opportunities, Challenges, and Solutions 

Get Electric Vehicle

While many individuals contemplate buying an electric vehicle (36 to 80% of automobile purchasers, depending on the market), just a small percentage actually do (2 to 5%). Both OEMs and their dealers may face difficulties as a result of this difference. Now let us discuss what could be done to revamp the situation. #1.

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Road Test: 2024 Kia EV6 GT-Line RWD

Clean Fleet Report

Ready to run with the best With a top speed of 117 mph, the AWD version is close to the performance BMW i4 M50 we recently tested. A fully functional space Demand for all EVs has cratered in 2024, and dealers’ lots are full of unsold vehicles.

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