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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

“I went to my accounting department and asked what is the cost of selling a car? We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. I think we just went that route because everyone does when you are a startup.

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Top 7 Tips for Buying a Car

Clean Fleet Report

Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. In this post, we explore seven essential tips on buying smartly. There could be hidden problems that may cost more in the long run.

Buy 49
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The Escalating Costs of Owning a New Car

The Truth About Cars

AAA's Car Buying Advice AAA offers several recommendations for prospective car buyers: Cost Comprehension: Attain a thorough understanding of all costs linked to ownership to facilitate effective negotiation. This article was co-written using AI and was then substantially edited and optimized by our editorial team.

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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Setting some variables in this equation, they propose a monthly insurance rate of $147, fuel costs of $260 per month, and maintenance pegged at $95.50 In fact, I feel my headline figure of $15,000 is actually generous, since the $16,687 estimate includes dealer fees and taxes. per month (about 10 cents per mile). for a car payment.

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Lightning Systems electric shuttle buses now offered on CALACT purchasing contract

Green Car Congress

Vehicles eligible include the Ford Transit 350HD Passenger Van and Ford E-450 Shuttle Bus, both of which are offered by Lightning Systems, a Colorado-based developer and manufacturer of zero-emission, Buy America commercial electric vehicles.

Purchase 284
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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

Toyota shared highlights of new internal research evaluating the environmental impact and cost of ownership between a PHEV and a BEV. For this research, Toyota created a tool that shows the trade-off between GHG Emissions and Total Cost of Ownership. The PHEV is much less expensive to buy and own, compared to the BEV.

PHEV 305
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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

Dealers must register with the IRS to be eligible to offer the credit at the point of sale. They can then receive cash or apply the credit toward the cost of the car or a down payment.