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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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Can I lease a new Honda Civic Sport without a sign-on?

Shawn Ryder

Typically, when leasing, you’ll come across various requirements including credit checks, proof of income, and possibly a sign-on fee (often referred to as a down payment or capitalized cost reduction). A sign-on fee is an upfront cost that some dealerships and leasing companies request when you sign your lease agreement.

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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

A quadruple whammy of Covid, Brexit, logistics crises, and now the cost-of-living crisis cutting consumer confidence mean that UK car sales have been down by around -30% for three consecutive years and have only just started to recover – increasing by 17.9% But that doesn’t mean the troubles are over.

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