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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. Same goes for the myriad of decade-old BMW X5s and Merc C-Class sedans. At the gross income of $100,000 annually, this shakes out to $10,000 per year or about $833 per month. per month (about 10 cents per mile).

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Comment on Nio Firefly: New spy shots show more details by Augustus Meyer

CN EV Post

BMW bought Mini and Rolls Royce after many years of successful operation on its own. But you can buy a Smart in the same area, where you can also buy a Mercedes or a Maybach. VW bought them, after having made a bunch of money on their own, for financing. @Hansl In reply to Hansl. For Mercedes you are correct.

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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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Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

During his address to Parliament earlier this week, Malaysian finance minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz cited the reduction of pollutants and better air quality as the main indicators of why electric cars are a good idea. The current market for electric vehicles in Malaysia is small.

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BMW Q2 recruit penetration grew greater than 40%

Baua Electric

On the terminate of 2022, recruit penetration at BMW was once unwell dramatically — 30-plus issues vs. pre-pandemic ranges, BMW Nationwide Broker Discussion board Chairman David Sloane informed Car Information on the age. BMW and its captive finance arm listened, after spoke back with systems to produce leasing extra compelling.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. You might have to compromise a little when it comes to colour, features or mileage, but the listings are packed with brilliant buys. Renault ZOE Z.E.40

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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

lakh, said Vinay Sanghi , CEO, CarTrade group “Since new car ticket size has also gone up by around 30%, it’s spilling over to the used car market too as in all types of cars, people opt for buying the top-end variant,” he said. What is also helping is easy availability of finance. lakh from INR 3-3.5 lakh and INR 7.1

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