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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. Setting some variables in this equation, they propose a monthly insurance rate of $147, fuel costs of $260 per month, and maintenance pegged at $95.50 per month (about 10 cents per mile). for a car payment.

Financing 101
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Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . For the faster adoption of electric vehicles in the country, the Reserve Bank of India is considering a proposal from the government’s policy think tank Niti Aayog to categorise loans to purchase electric vehicles under the priority sector lending (PSL) segment.

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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

Chevrolet has continued that trend in the last few years—emerging as a major leader in the electric vehicle industry. We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. Clean Vehicle Rebate Project (CVRP). Clean Cars 4 All.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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Clean Energy Zero Now truck orders surpass 250; heavy-duty trucks fueled by renewable natural gas

Green Car Congress

has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem RNG (renewable natural gas). In addition, truck fleets financed or purchased through Zero Now will be able to purchase Redeem fuel with a fixed discount to diesel at a significant spread.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit approved customers. The $250 reservation may also be applied to the purchase of the vehicle.

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