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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. This was a $3,594, or a 5.5 I’d love to hear from you!

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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.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

However, dealers are much less likely to educate you about the fine print that may prevent you from accessing the full $7500 credit. Watch out for car dealers who use phrases like ‘we guarantee you can get you the full $7500 tax credit.’ Finance your EV for less. How our EV Climate Loan works: Pre-qualify in minutes.

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Fisker confirms potential EV partnership with “large automaker”

Baua Electric

Fisker has in the meantime begun pivoting to a dealer-based sales model , to supplement direct-sales efforts depending on the market. Should it reach production, the Pear’s low base price could put it into competition with the reconstituted Chevrolet Bolt EV.

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Want a Free Chevy Bolt? EV Life Can Help You Use EV Incentives to Save Big

EV Life

Today, Chevrolet has some of the best EV options on the market, with more scheduled for release in the next few years. Qualified California residents of disadvantaged communities (DACs) can receive grants of up to $5,000 in buy-down assistance and special financing, plus a free vehicle charger and installation.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

The dealership then submits “time of sale” paperwork to the IRS, and the IRS reimburses the dealer the credit amount. These new guidelines simplify the process for drivers, providing an immediate financial incentive at the point of sale and making dealers, not individuals, collect the tax credit from the IRS. One low payment.