Remove Charging Remove Cost Of Remove Dealers Remove Gas-Electric
article thumbnail

The Escalating Costs of Owning a New Car

The Truth About Cars

This increment in sticker prices has a direct bearing on finance costs, reflected in an average annual finance charge of $1,253, signifying a staggering 90 percent surge compared to the prior year. Depreciation Depreciation, the decrease in a vehicle's value over time, serves as another significant cost component. cents per kWh.

Cost Of 52
article thumbnail

Five EVs that lease for under $300/month

Baua Electric

The Hyundai IONIQ 6 / Credit: Hyundai North America Last February there were nine EVs that leased for an average monthly cost of under $400 before tax and license. A fifth EV, one that leased for over $400/month back then, has plunged into the sub-$300 club after a $120/month cut in cost. Hyundai dealers don’t stock many of these gems.

Dealers 52
article thumbnail

Why Your Auto Dealership Needs EV Charging Stations

EV Connect

Electric vehicle sales continue to surge forward. With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. But with that growing demand for more EVs on the lot comes the need for a charging infrastructure to support them.

Auto 52
article thumbnail

Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

The number of electric vehicle models that can be leased for less than an average monthly lease cost of $400/month has grown by 50% since last August. Either way, the VF8 could save thousands of dollars over leasing any other all-wheel-drive crossover, gas or electric. So that has more people leasing EVs than ever before.

Hyundai 52
article thumbnail

Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

Hyundai is offering two of the cheapest cars to lease (EV or gas-powered), the IONIQ 6 and Kona EV, in the US, with prices as low as $169 per month. According to S&P Global registration data, Hyundai was the fourth best-selling EV maker in 2024, with 51,411 electric cars delivered, or 4.5% Who said EVs are not affordable?

article thumbnail

Why 2023 will be another great year for electric vehicles

My Energi

Despite doom and gloom stories about electric motoring dominating the national press for the first few weeks of the year, it is clear to anyone who looks at the data that 2023 will be a great year for electric vehicles in the UK. For new car buyers, especially company car drivers, going electric is a virtual no brainer.

article thumbnail

How to make heavy-duty electric trucks work in practice

Charged EVs

Fleets tested Volvo VNR Electric Class 8 tractors for three years: Here’s what they learned. Requirements for more aggressive emission after-treatment and the hardware to achieve that add cost and complexity for fleet operators. However, heavy-duty electric trucks from traditional makers have started to hit the market.

Volvo 131