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How the financing arm helped Mercedes Benz crack the Indian luxury market | Autocar Professional

Baua Electric

Owning a Mercedes-Benz has never been just about owning a high-end car, given that the brand is a symbol of luxury the world over. Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. The customer is able to do this because of the strong residual value that the car has to offer.

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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. This was a $3,594, or a 5.5 percent decrease from November.

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

The Truth About Cars

Case in point – a post on a website called Investopedia suggests that anyone making $100,000 per year should spend no more than roughly $15,000 on a car. Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. for a car payment. Don’t take the TruCoat.

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The Escalating Costs of Owning a New Car

The Truth About Cars

These figures, derived from AAA's Your Driving Costs (YDC) dataset, which has consistently delivered information on the costs linked to new vehicle ownership for over seven decades, underscore the financial implications faced by new car owners. percent uptick from the preceding year.

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. The demand incentive for electric two-wheelers has been increased to Rs. 15,000/KWh from Rs.

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Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The newly launched Voluntary Vehicle Fleet Modernisation Programme or the vehicle scrappage policy will help to reduce the cost of manufacturing electric vehicles in India. Also, read related article: Under car scrappage scheme UK to give 6000 pounds to car owners.

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Top 7 Tips for Buying a Car

Clean Fleet Report

Global car sales increased to approximately 67.2 Car ownership marks an important milestone, both representing freedom and requiring significant financial commitment. Walk into the dealership after you’ve done your reesarch Do Your Research When buying a car, having the right information is crucial.

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