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Jeep Wagoneer S EV Already Available With 0% APR For 72 Months

Carscoops

The Wagoneer S Launch Edition costs $71,995 and offers 0% APR for qualified buyers. However, a recent dealer bulletin revealed that Jeep is offering the Wagoneer S at 0% APR for 72 months, which could be a deal that’s too good to pass, for some buyers. A pair of electric motors combine to produce 690 hp and 617 lb-ft of torque.

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Ford Really Wants You To Buy Its EVs With 0% APR, Thousands Off, And Free Charger

Carscoops

That includes 0% APR on both the F-150 Lightning and the Mustang Mach-E. That means that buyers or lessees will get a charger installed at their home (if applicable) included in the cost of the car itself. That includes 0% APR for 72 months and $5,000 in bonus cash. Those who prefer to buy the Mach-E still get a good deal.

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Kia Tries To Woo Tesla Owners With Discounts

Carscoops

Read: Kia Holds Off Full-Scale US Production Of EV9 As It Awaits Local Batteries Additionally, Kia is promoting all 2024 models of the EV6 with 0% APR for up to 72 months, along with lease cash of up to $14,600 in select states like California, Oregon, and Washington.

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Changing Auto Buyer Behavior: Tips to Help Dealers Adapt

Automotive Mastermind

Still, S&P Global Mobility notes the average APR has risen for the upper-level credit tiers, but not for the lowest tier, including credit scores between 300–600. APR in August versus 5.4% According to S&P Global Mobility, credit unions now offer the lowest average rates in the industry at an average 4.7% for captives and 6.2%

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OEM Trends in Customer Financing

Automotive Mastermind

S&P Global Mobility notes, the average APR has risen this past May when compared to a year ago for the upper-level credit tiers, but not for the lowest tier, including credit scores between 300 and 600. According to S&P Global Mobility , the average interest rate on a new vehicle loan rose to 4.8% make loyalty, respectively).

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Tesla Finally Offers Lease Buyout Option, But Do The Math First

Carscoops

The company also offers 0% APR financing for the Model 3 and Y, which might be a better deal. Tesla, always the one to move the finish line just as its customers are about to cross it, has finally decided to let lessees buy out their leases. In this case, 0.00125 equals 3% APR. If the APR were 9%, you’d pay $781 a month.

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