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Tesla tweaks financing product with best resale value guarantee and lower monthly payments

Green Car Congress

In response to critiques of the first version of its financing program introduced early in April ( earlier post ), Tesla Motors has raised the Model S resale value guarantee to be the highest of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). —Tesla Co-founder & CEO Elon Musk.

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We buy a used Porsche Taycan! Bargain price, 1000km road trip and charging dramas

EV Central

Study finance, not motoring journalism, if you want to have nice things. I’ve come along to help with the buying/selling bit (I’m a car person) as it’s relocating from NSW to QLD, and my accountant – let’s call him Alan – doesn’t know how all this public charging stuff works.

Porsche 108
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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Elements of the new program include: US Bank and Wells Fargo have agreed to provide 10% down financing for purchase of a Model S (on approved credit.).

Financing 210
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Survey Finds Fuel Efficiency Impacting US Consumers’ Future Auto Buying Decisions

Green Car Congress

A new survey by Capital One Auto Finance found that more than half of respondents (53%) say that their next car will be more fuel efficient than their current vehicle and 55% would be very likely or somewhat likely to give up a larger vehicle for a more fuel-efficient model when they buy their next car.

Buy 332
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George Soros buys Tesla ($TSLA) and other tech stocks

Teslarati

million shares in General Motors. His decision to buy a new $20 million stake in Tesla’s stock comes just after Tesla’s shareholders voted in favor of a 3:1 stock split which will take place on August 25. The post George Soros buys Tesla ($TSLA) and other tech stocks appeared first on TESLARATI.

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Volkswagen is buying credits from Tesla to meet China’s environmental standards: report

Teslarati

Apart from FAW-VW, another Volkswagen venture, this time with SAIC Motor, proved to be among the most negative credit-generating carmakers in China in 2019, as per information from the Ministry of Industry and Information Technology. This seems to have been the situation that Volkswagen has found itself in.

Standards 106
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Daimler starts production of new smart fortwo electric drive; buy or lease the vehicle, rent the battery

Green Car Congress

With its 55 kW electric motor (from EM-motive, Daimler’s JV with Bosch, earlier post ), the smart fortwo electric drive accelerates from 0 - 60 km/h (0-37 mph) in 4.8 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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