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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. Other car manufacturers also announced price cuts for their EVs, further contributing to the accelerated depreciation. .

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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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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. Of course, this is something nearly every other manufacturer has been doing for, oh, forever, but still, it’s a welcome change. Why Is Lease Buyout A Big Deal? Simply put, it gives you an option to hedge your bets.

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