article thumbnail

Tesla partners with Origence for credit union-based financing program

Teslarati

Tesla and Origence, which describes itself as the leading credit union technology company in the United States, have announced a partnership that will allow the automaker to offer car buyers financing through a credit union when ordering a vehicle through the company’s website. Iā€™d love to chat!

Financing 138
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 ā€“ including taxes and whatever other fees a dealer feels like charging that day ā€“ at just $16,687.

Financing 106
article thumbnail

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. This was a $3,594, or a 5.5 percent decrease from November.

Financing 145
article thumbnail

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 104
article thumbnail

Tesla rolls out slight Model S, Model X, and Model Y price increase in the US

Teslarati

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

Price 130
article thumbnail

Elon Muskā€™s new financing efforts on hold amid Twitter deal uncertainties: report

Teslarati

Elon Musk’s efforts to secure new financing that will limit his cash contribution for his planned acquisition of social media platform Twitter has reportedly been put on hold. “If you said, ‘Okay, I’m going to agree to buy your house’ ’ You say the house has less than 5% termites.

Financing 126
article thumbnail

Tesla China announces 0% down ā€˜Financial Leasingā€™ with buy-out options

Teslarati

Tesla China has announced a new “Financial Leasing” plan for more affordability as it offers the option of 0% down to purchase a vehicle, as well as several other financing options. “Down payment of 50%, 1-year lease term, 50% of the car price as the balance, low monthly payment.”

China 145