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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
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Bank of America introduces residential EV charger financing

Teslarati

The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. billion to build out a national network of EV chargers. This is not indicative of the actual cost of many new EVs, as the Chevrolet Bolt EV costs less than $30,000, for example.

Financing 145
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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

Davis 290
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How to Choose the Right Vehicle for Your Fleet

Clean Fleet Report

Find a Reliable Dealer Near You In the quest for the perfect fleet vehicle, the importance of partnering with a reliable and reputable car dealer cannot be overstated. The New vs. Used Debate The decision to buy new or used vehicles is a strategic one.

Fleet 57
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Toyota is already offering $10k off a lease for its fully electric 2024 bZ4X

Baua Electric

Photo: Toyota Toyota has made its fully electric 2024 bZ4X – which only just landed on dealers’ lots – available to lease with a $10,000 discount. Lease cash is a manufacturer incentive that lowers the cost of a new vehicle when it’s leased. The bZ4X starts at $43,070 for the 2024 model year. Read more: Toyota to invest $1.3B

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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

When people build up an imaginary surplus over time, they view it as “income,” which they’re more likely to spend. The Cash for Clunkers data is important because it showed how much people upgraded when they bought the new car—defined as the difference between the cost of the new car and the inflation-adjusted value of the old car.

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Why Your Auto Dealership Needs EV Charging Stations

EV Connect

With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Despite the need, though, many auto dealers are hesitant to take on the significant cost of adding EV charging stations to their dealerships. and Canada.

Auto 52