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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Elements of the new program include: US Bank and Wells Fargo have agreed to provide 10% down financing for purchase of a Model S (on approved credit.).

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Tesla tweaks financing product with best resale value guarantee and lower monthly payments

Green Car Congress

In response to critiques of the first version of its financing program introduced early in April ( earlier post ), Tesla Motors has raised the Model S resale value guarantee to be the highest of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). —Tesla Co-founder & CEO Elon Musk.

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Opinion: 4 Things You Should Think About Before Buying a Sports Car

Clean Fleet Report

Personal tastes and preferences, such as transmission type and color, should also be considered. Remember, you are buying a car, not a deal. Crosscheck if your current earnings or savings can finance a down payment or monthly premiums and the fuel demand. Often sports cars can end up as orphans, going out of production quickly.

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FLO’s new Ultra DC fast chargers can charge EVs to 80% in 15 minutes

Baua Electric

The EV charging company designed them to comply with the federal government’s National Electric Vehicle Infrastructure Program (NEVI) standards and the Buy America Act, including 98% uptime. Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way.

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VW Adds Basecamp Accessories to Atlas Cross Sport

The Truth About Cars

“As consumers and dealers continue to seek SUVs with rugged appearance characteristics, we will continue to offer accessory options that allow them to further personalize their Volkswagen SUV,” said Petar Danilovic, Senior Vice President of Product Marketing and Strategy at Volkswagen of America. “It

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Ford splitting auto business into two distinct entities: Ford Blue and Ford Model e

Green Car Congress

Ford Model e also will lead on creating an exciting new shopping, buying and ownership experience for its future electric vehicle customers that includes simple, intuitive e-commerce platforms, transparent pricing and personalized customer support from Ford ambassadors. Ford Model e and Ford Blue will also support Ford Drive mobility.

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Virtual retail may harm broker F&I income

Baua Electric

Virtual retail platforms have mushroomed as automotive buying groceries steers on-line. However the pattern may stall a benefit engine for auto dealerships — finance and insurance coverage source of revenue. It’s more straightforward for patrons to click on away or fade F&I merchandise on-line than within the shop.

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