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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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Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

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The Best Electric SUVs on the Market

EV Life

We’re also going to show you how you can save big on financing your SUV by applying for an EV Climate Loan with EV Life. The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750.

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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. BMW i3 (33 kWh) – One of the first and one of the best, the BMW i3 has a real-world range of around 125 miles. What about the elephant in the room?

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Hyundai CEO Jose Muñoz says consumers would pay for a richer combine

Baua Electric

They proceed to finance at larger charges or hire automobiles. You have been very visible ultimate past to your grievance of the Inflation Relief Function and the way it enthusiastic who would get federal EV tax credit, as it disrupted Hyundai’s EV industry plans. To this point we haven’t observable that. battery plant.

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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

It did not include CODA and Fisker nor models introduced after the survey period such as the Chevy Spark; Fiat 500e; BMW i3 and i8, or the Cadillac ELR. For example, eligibility for all or a portion of the federal tax credit is based on the customer’s tax liability, a consideration that is typically unknowable until tax time.

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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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