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Hertz Is Off-Loading An Extra 10,000 EVs Due To Massive Depreciation

Carscoops

In 2021, the car rental giant emerged from a brief bankruptcy and reached a deal with Tesla to purchase 100,000 vehicles for its fleet. “Fleet and direct operating costs weighed on this quarter’s performance,” Hertz chief executive Gil West said.

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Navigating Zero Down Car Leases

Your Car Buying Advocate

He loves to teach consumers the ins and outs of making great car deals. This guide helps explain zero down lease deals. It covers the different types of these deals and provides information on what to consider when entering into them. If the actual market value is higher than the residual value, it might be a good deal.

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

Automotive Addicts

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. 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.

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Protect your valuable inventory

Canadian Auto Dealer

The insurance companies deal with this from a lot control perspective. One pricing option will allow for zero upfront capital costs with a 40% sell through requirement.” Psotka said it was important for CADA to offer a product that would get the blessing of garage insurance providers.

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Polestar 3 Gets Cheaper Leasing And 0% Financing Options

Carscoops

Hot on the heels of Polestar starting production of the entry-level , single-motor 3 in the US at its Charleston, South Carolina facility, the electric carmaker has announced new financing and lease deals for some of the higher-end models. Both the new lease and financing deals run until January 2, 2025.

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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. Why Is Lease Buyout A Big Deal? These are: Capitalized Cost : This is the negotiated price of the vehicle, including taxes and fees, though it’s non-negotiable with Tesla. 36 months and 10,000 miles a year).

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