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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. per month (about 10 cents per mile). A ’17 Jag XF with 88K looks nice but is sure to cost far more than 10 cents a mile in maintenance. Simple math leaves is with $330.50 for a car payment.

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Tesla now offers 10,000 free Supercharging miles as delivery incentive

Baua Electric

Tesla has increased its end-of-quarter delivery incentive to offer 10,000 free Supercharging miles to Tesla owners who trade in for a new vehicle by the end of the month. Sometimes, they take the form of direct discounts or free features, like a 3-month subscription to Tesla’s Full Self-Driving package or free Supercharging miles.

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Tesla Wall Connector chargers now available on Best Buy

Teslarati

A 12-month financing plan is available for card members, too, making the Gen 3 wall charger $33.34 Card members could opt for the 18-month financing plan, allowing them to pay $30.56 Best Buy also offers the J1772 for $45.84 per month under a 12-month financing plan to card members. monthly for the J1772 charger.

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Canada’s BC Transit to buy ten 40' Proterra electric buses and megawatt-scale fleet charger

Green Car Congress

With more than 850 electric transit vehicles on the road today, Proterra’s EV technology has been proven over 25 million service miles driven across North America. BC Transit’s initial ten Proterra ZX5 electric buses, which will be equipped with 675 kWh of onboard energy, are slated to be delivered in 2023.

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Daimler starts production of new smart fortwo electric drive; buy or lease the vehicle, rent the battery

Green Car Congress

kWh battery pack (from Deutsche ACCUmotive, Daimler’s JV with Evonik, earlier post ) enables the urban two-seater to travel approximately 145 kilometers (90 miles) in city traffic. The new “sale&care model” offers customers an opportunity to buy, finance or lease the vehicle and to rent the battery for a monthly fee.

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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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The Escalating Costs of Owning a New Car

The Truth About Cars

This increment in sticker prices has a direct bearing on finance costs, reflected in an average annual finance charge of $1,253, signifying a staggering 90 percent surge compared to the prior year. Consequently, potential buyers must factor in the substantial cost, exceeding $1 per mile, associated with owning and operating pickups.

Cost Of 52