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Bank of America introduces residential EV charger financing

Teslarati

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. I’d love to hear from you!

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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.

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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence. That shouldn’t happen.

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A dealership marked up a Hyundai IONIQ 5 N’s price by $20k

Baua Electric

Photo: Hyundai Hyundai just released the IONIQ 5 N’s price just a couple weeks ago, and a California dealer has already marked the MSRP up on the automaker’s newest, most powerful EV by $20,000. Sales/finance manager were really disrespectful over pricing and me knowing about their allocations and being an Nfluencer.

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The Biden Administration is on track to meet its 2030 EV sales goal

Teslarati

There’s a lot of new models that are coming on from our domestic manufacturers that are much lower price as well,” Granholm told Yahoo Finance. It has even started winning over auto dealers in 2024. As the EV market in the United States expands, US automakers face new challenges.

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

Baua Electric

New Delhi: The Indian used car market is poised for continued expansion, fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles. In India, buying a pre-owned vehicle is no longer considered a ‘compromise’. Currently, the market stands at 5.1

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VW Adds Basecamp Accessories to Atlas Cross Sport

The Truth About Cars

As consumers and dealers continue to seek SUVs with rugged appearance characteristics, we will continue to offer accessory options that allow them to further personalize their Volkswagen SUV,” said Petar Danilovic, Senior Vice President of Product Marketing and Strategy at Volkswagen of America. “It

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