Carscoops

MAY 2, 2024

However, aggressive price cuts initiated by Tesla throughout 2023 destabilized the used market, resulting in huge depreciation of its used vehicles. “Fleet and direct operating costs weighed on this quarter’s performance,” Hertz chief executive Gil West said.

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Drive.com

MARCH 27, 2024

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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Carscoops

FEBRUARY 25, 2025

Polestar is keen to lure customers away from EV market leader Tesla and is offering incentives worth as much as $20,000 to buyers willing to jump ship and lease the new Polestar 3 SUV. Non-Tesla owners are also eligible for a healthy $15,000 discount. Buyers must take delivery of the Polestar 3 by February 28 to qualify.

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Shawn Ryder

JANUARY 21, 2025

Initial Payment: Many leases require an upfront payment, which could be akin to a down payment but usually termed as a “capitalized cost reduction.” Lack of Clarity on Other Costs: Ensure you clearly understand the associated fees like acquisition, disposition, and potential end-of-lease charges.

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Your Car Buying Advocate

DECEMBER 5, 2023

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. If the actual market value is higher than the residual value, it might be a good deal. Can I negotiate the terms of a lease?

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Automotive Addicts

OCTOBER 3, 2024

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. 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.

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Shawn Ryder

JANUARY 18, 2025

However, the down payment, also referred to as a capitalized cost reduction, is the initial amount you pay upfront to lower your monthly payments. Research Lease Offers Understanding current leasing conditions and market offers will give you leverage in negotiations. Can You Adjust the Down Payment on a Lease?

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