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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.

Financing 111
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Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The City will replace 100 vehicles by the end of this year and 425 vehicles by the beginning of 2016. million over ten years.

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Edmunds.com: number of leased vehicles reaches all-time high in first half of 2016

Green Car Congress

More new vehicles in the US were leased in the first half of 2016 than during the first half of any other year in history, according to the latest Lease Market Report from Edmunds.com, the leading car shopping and information network. On average, monthly lease payments are 23% lower than monthly financing payments.

2016 150
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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

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Federal and state commitment to cleaner fleets by purchasing EVs and PHEVs. This should be a U.S.

America 150
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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

While the purchasing power may be different, customer aspirations are the same. While the purchasing power may be different, customer aspirations are the same. During the past few years, the prices of used cars have gone up on an average by almost 8 to 10% every year. So that is driving the selling price in the market.

Market 52
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Broad-Ocean Motor in strategic collaboration with Ballard; $28.3M investment, 9.9% ownership; initial order for 10,000 fuel cell vehicles

Green Car Congress

On 18 July 2016, Broad-Ocean signed an agreement with Guangdong Nation Synergy Hydrogen Power Technology Co. relating to the purchase of 10,000 fuel cell vehicles, including buses and delivery trucks, all of which are expected to have Ballard’s leading PEM fuel cell technology inside.

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Government of Canada to buy Trans Mountain Pipeline System and Expansion Project for C$4.5B, resume planing and construction

Green Car Congress

The Government of Canada will purchase Kinder Morgan’s Trans Mountain Pipeline system and the expansion project (TMEP) for C$4.5 Earlier post.) —Bill Morneau, Minister of Finance. On 29 November 2016, the Government of Canada granted approval for the Trans Mountain Expansion Project. billion (US$3.46 Background.

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