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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. With the nationwide EV outlook expected to reach 26.4

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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. Under a normal high purchase, the customer has to pay Rs 1,50,000 per month EMI for a C-Class.

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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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Cholamandalam sees rural demand boom in vehicle financing | Autocar Professional

Baua Electric

Cholamandalam Investment and Finance Company Limited, a major participant in India’s vehicle financing sector, reported a significant surge in demand, particularly in rural markets. The company management anticipate a marginal rise in the cost of funds due to an expanding borrowing profile.

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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. percent uptick from the preceding year.

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. 20ktpa over a 12-year life of mine, at an average C1 cash cost of $1.37/lb

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What You Should Know About Tesla Financing 

EV Life

Despite many legacy brand automakers jumping into the EV space and releasing new electric models, Tesla continues to dominate the electric car market. And while the price has gone down recently for both cars, Teslas are still on the pricier side of the spectrum for many drivers.