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

Drive.com

According to Inside EVs , historically the average level of profitability from mass-market internal combustion-engined vehicles (ICE) is around 10 per cent, but add in other costs such as an EV’s battery, the e-powertrain and additional electronics and upgrading factories and quickly that number starts to fall into the red.

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Protect your valuable inventory

Canadian Auto Dealer

CADA-backed technology helps dealerships manage their lots and recover stolen vehicles W ith the rising tide of stolen vehicles plaguing dealerships across the country, dealers need help protecting their inventory and recovering stolen vehicles. One pricing option will allow for zero upfront capital costs with a 40% sell through requirement.”

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Can I adjust the down payment on a lease?

Shawn Ryder

However, the down payment, also referred to as a capitalized cost reduction, is the initial amount you pay upfront to lower your monthly payments. By leasing, you commit to a long-term rental arrangement where you pay for the vehicle’s depreciation during the lease period. Can You Adjust the Down Payment on a Lease?

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

Autocar

The cost of EVs also remains a barrier to entry for many people, despite the price of both new and old vehicles softening.” For dealers, an ‘omnichannel’ approach should help them lower costs, and garner better customer data, enhancing the opportunities for improved customer retention. So, how to answer these challenges?

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Tesla Finally Offers Lease Buyout Option, But Do The Math First

Carscoops

’ 3) Tap ‘Manage Lease.’ These are: Capitalized Cost : This is the negotiated price of the vehicle, including taxes and fees, though it’s non-negotiable with Tesla. Here’s the rundown: 1) Open the Tesla app.Tap ‘Financing.’ ’ 2) Tap ‘Lease Details.’