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CULA Grows by Double Digits in 2024, Saves Credit Union Members ~$63M Annually with Vehicle Leases

Dealer World

CULA partner credit union members saved a total of more than $63 million on lease payments in 2024, and an average of $159[1] per month versus traditional auto loan payments. These factors reinforce leasing as a compelling alternative to traditional financing and CULAs appeal to a growing number of credit unions. "The

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Mitsubishi Triton Loses Payload Capacity To Gain More Buyers In Australia

Carscoops

As reported by our colleagues at CarExpert , the novated lease is a three-way agreement between the lease, their employer, and a finance or leasing company. In short, the lease payments are automatically deducted from one’s salary, which is why the employer is involved with the deal.

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Ford Enters EV Price Wars, Cuts Mustang Mach-E Prices By Up To $8,100

Carscoops

The decrease will also help attract buyers, particularly after confirmation that the Mustang Mach-E does not qualify for any federal tax incentives in the U.S ” Furthermore, according to Ford spokesperson Marty Gunsberg, Ford is providing 0% financing for 72 months to eligible buyers.

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Rivian R1S Now Available For Lease, But It’ll Cost You

Carscoops

The company announced today that customers can now lease its flagship SUV, the R1S. This news comes on the heels of the start of leasing for the R1T pickup truck late last year. While the R1S and R1T first started being delivered to buyers in 2021, the option to lease one of these vehicles has only become available recently.

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Toyota launches subscription-style service for its new electric vehicle

Drive.com

However, the Japanese auto giant said it will have full ownership of the vehicle throughout the entire three-year leasing period, and buyers are eligible to upgrade to a new vehicle or have the option to re-extend their lease of the car once they’ve finished their term.

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What is novated leasing, and how does it work?

CarExpert

This means payments are bundled with running costs such as insurance, servicing, fuelling or charging, tyres, and registration. It also means the costs are part of your salary sacrificed payments, boosting the tax benefit. For many buyers who aren’t necessarily car enthusiasts keen on modifying their ride, this is ideal.

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2022 BMW X3: Finance or lease?

Shawn Ryder

When considering a luxury vehicle like the 2022 BMW X3, potential buyers often face the decision of whether to finance or lease. In this blog post, we will explore both financing and leasing options for the 2022 BMW X3, helping you determine which choice aligns best with your lifestyle and budget. for a well-qualified buyer.

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