Remove Buy Remove Dealers Remove Financing Remove Purchase
article thumbnail

Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. With the nationwide EV outlook expected to reach 26.4

Financing 145
article thumbnail

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 105
article thumbnail

Chevy Bolt EV drivers offered $3,000 off 2024 Chevy Equinox EV

Green Car Reports

Chevrolet is offering discounts to Bolt EV owners who buy a 2024 Equinox EV, CarsDirect reports. A dealer bulletin seen by CarsDirect includes a "24 Equinox Private Offer" available from now until April 30.

Financing 107
article thumbnail

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. Balancing these factors is crucial for a smart car purchase.

Buy 49
article thumbnail

GE Capital to provide financing for electric motorcycle maker Brammo

Green Car Congress

GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the US. CDF already provides inventory financing for other brands of alternative fuel and hybrid motorsports products.

article thumbnail

Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

Household income limits, vehicle price restrictions, assembly locations, and battery component requirements all factor into whether your EV purchase qualifies and how much you can save. I’m looking to purchase an electric vehicle for myself, not a fleet of commercial EV vehicles for my business. Finance the buyout with an auto loan.

article thumbnail

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

EV Life

Get your EV Incentives Right Away Starting January 1, 2024, qualified drivers will be able to transfer their federal tax credit to the dealership at the time of purchase rather than waiting to receive the credit until next year’s tax filing. Dealers must register with the IRS to be eligible to offer the credit at the point of sale.