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FTC Says 90% Of Buyers Paid $2,000 More Than Advertised At Stellantis, GM And Ford Dealer Group

Carscoops

Nearly 90% of buyers allegedly paid $2,000 more than advertised between 2020 and 2023. On average, buyers were charged an additional $2,000, often due to unexpected add-ons or fees, “Buying a car is a significant financial investment. The FTC and Maryland accused the Lindsay dealer group of deceptive pricing practices.

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Western Australia pours more money into EV rebates

CarExpert

million in the Zero Emissions Vehicle (ZEV) rebate as part of the 2024-25 State Budget. The scheme sees buyers receive a $3500 rebate after purchasing an eligible EV and applying to the Department of Transport. ” Very few jurisdictions still offer EV rebates in Australia. .

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New Jersey Phasing Out Sales Tax Exemption For EV Buyers

Carscoops

For the past 20 years, local buyers, leasing, or renting a new or used electric vehicle have been exempt from a 6.625% sales tax. This program provides residents will up to $4,000 in rebates for buying an EV. Over the next three years, this tax break will be phased out and the state will start to prioritize EV incentives.

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Study finds 44% of EVs cost less to own than a comparable gas vehicle

Auto Remarketing

The difference, Vincentric said, was caused in large part because 44 of the 54 EVs studied (81%) had a higher purchase price than their gas-powered counterpart, and because only five of them qualified for the $7,500 federal point-of-sale rebate for purchasing electric vehicles. Thats actually up from three the previous year. metric tons.

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Australian Government aims to boost EV uptake with low-interest loans

CarExpert

Interest rates on these loans will be up to five percentage points lower than standard rates, which the government says could save EV buyers more than $8000 for a $40,000 loan with a seven-year term. Get the experts on your side and score a great deal. Browse now.

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What state should I buy a car from?

Shawn Ryder

Incentives and Rebates: Be aware of state-level incentives for hybrid or electric vehicle purchases, which can impact your overall cost. California While often associated with higher prices, California also offers numerous incentives for electric vehicles, making it a top choice for buyers interested in greener options.

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BEV And PHEV Sales Soar In Canada While Slowing In The US

Carscoops

Eligible zero-emissions vehicles in Canada can get a federal rebate of up to CA$5,000 (~$3,600). The nation currently operates an Incentive for Zero-Emission Vehicles (iZEV) that provides buyers or lessees with a rebate of up to CA$5,000 (~$3,600). Quebec has accounted for 50.6% of all new BEV registrations in Canada this year.

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