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

Drive.com

On that basis, the Group estimates most automakers lose around $US6000 ($AU9000) on each electric vehicle they sell for $US50,000, after accounting for customer tax credits. Using US pricing, only one electric model available today is ticking most consumers’ boxes – the Hyundai Ioniq 6 , which starts from $US42,450 before on-road costs.

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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. Dealerships are often willing to work with informed and engaged customers. Can I customize a leased car? Can I negotiate the terms of a lease?

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Protect your valuable inventory

Canadian Auto Dealer

It’s an added bonus if dealers can also sell the auto theft recovery devices they install on their inventory through to the retail customer and make a margin on the product. One pricing option will allow for zero upfront capital costs with a 40% sell through requirement.” We are responding to the needs of our dealer members.”

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

Autocar

Dealers need to be increasingly ‘omnichannel’: integrating all customer routes to the dealers physical or virtual front door, so that consumers get a seamless experience whichever digital or physical channel they’re using. The customer must have all the tools to conduct almost every part of their journey from the comfort of their sofa.”

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