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Car makers losing $6000 on every electric car they sell – report

Drive.com

. “If [original equipment manufacturers] can’t make money in this next generation [of EVs] … something’s going to have to change,” senior partner Andrew Loh told Automotive News. There are, of course, some exceptions to this rule. “Partnerships and joint ventures are the way to drive greater scale.”

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Navigating Zero Down Car Leases

Your Car Buying Advocate

Key Terms to Understand for Zero Down Car Leases Two critical terms associated with leasing are: Capitalized Cost: This refers to the negotiated price of the leased vehicle. Frequent Vehicle Updates: Leasing allows for driving the latest models more frequently, catering to those who enjoy staying current with automotive trends.

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Did I make a mistake with this lease?

Shawn Ryder

Initial Payment: Many leases require an upfront payment, which could be akin to a down payment but usually termed as a “capitalized cost reduction.” Lack of Clarity on Other Costs: Ensure you clearly understand the associated fees like acquisition, disposition, and potential end-of-lease charges.

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How a $1.05 Billion Loan Could Supercharge EVgo’s Charging Network

Automotive Addicts

A Major Boost for EVgo This conditional loan guarantee is a lifeline for EVgo, a company that’s currently facing challenges related to high capital costs. This landmark deal promises to catalyze the build-out of 7,500 high-powered charging stalls across 1,100 stations nationwide, with a special focus on marginalized urban communities.

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Can I adjust the down payment on a lease?

Shawn Ryder

However, the down payment, also referred to as a capitalized cost reduction, is the initial amount you pay upfront to lower your monthly payments. You can learn more about current leasing trends at our [Emerging Technologies Shaping the Future of Automotive Marketing]([link] page, which provides insights into general market tendencies.

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Can I lease a new Honda Civic Sport without a sign-on?

Shawn Ryder

Typically, when leasing, you’ll come across various requirements including credit checks, proof of income, and possibly a sign-on fee (often referred to as a down payment or capitalized cost reduction). A sign-on fee is an upfront cost that some dealerships and leasing companies request when you sign your lease agreement.

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The biggest challenges facing automotive retail in 2024 (and how to tackle them)

Autocar

From transformative legislation to the agency model, automotive retail is changing faster than ever before – that’s where Cox Automotive can help It has been a tough few years for the UK automotive industry. But that’s where Cox Automotive can help. The case for nurturing [consumers] makes a lot of economic sense.

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