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Mazda hybrid sports car, Lexus EV concepts, used EV prices drop: Today’s Car News

Green Car Reports

Prices on used EVs have dropped enough to counter soaring finance rates and boost affordability. And Lexus previews EVs and some standout tech in Tokyo concepts. The Lexus LF-ZL concept is a long and relatively low SUV built with. Mazda looks to its rotary heritage for a series-hybrid sports car concept.

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Technology Credit Union announces financing relationship with Tesla Motors

Green Car Congress

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR).

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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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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

Green Car Congress

The €600-million (US$704-million) bond will be used to fund the acquisition of new retail finance contracts and beneficial interests in lease contracts for Toyota and Lexus vehicles that meet specific clean air criteria, including powertrain, fuel efficiency and emissions. Qualifying Lexus vehicles include the CT 200h and ES 300h.

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Experian: US hybrid vehicle market share grew by 41% in 2012 to 3.1%

Green Car Congress

The study also showed that the average amount financed on a hybrid vehicle was $25,807 and the average monthly payment was $461. Other findings on hybrid vehicle financing: In 2012, 3.1% of all vehicles financed were hybrids, up from 2.3% Additionally, the average interest rate for a new hybrid vehicle loan was 3.51%.

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JM Folk leads funding spherical for pc sight AI startup

Baua Electric

Its auto trade companies come with: JM&A Workforce, which supplies finance and insurance coverage services; Southeast Toyota Vendors, which distributes cars portions and equipment to dealerships in Southern U.S. states; Southeast Toyota Finance, which supplies monetary services to Toyota sellers within the Southeast U.S.;

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Toyota overtakes Kia in unedited rating of U.S. stock potency

Baua Electric

Lexus, Honda, BMW, Land Rover, Subaru, Nissan, Hyundai and Chevrolet additionally positioned within the manage 10. Of the manage 10, the Toyota logo climbed probably the most issues in March — 15.4 — month Toyota’s luxurious logo Lexus, which positioned in 3rd, slipped via probably the most, dropping 10.5. .”

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