Remove Finance Remove Networking Remove Rebate
article thumbnail

FTC Says 90% Of Buyers Paid $2,000 More Than Advertised At Stellantis, GM And Ford Dealer Group

Carscoops

According to the Federal Trade Commission (FTC) and the state of Maryland, a local dealer network raked in millions thanks to deceptive practices. Car dealerships don’t exactly have a squeaky-clean image to begin with, and stories like this one aren’t doing the industry any favors.

Buyer 116
article thumbnail

Media post: The Future of Electric Vehicles Trends Challenges and Opportunities in the Automotive Industry

Best Selling Cars Blog

Enhanced Consumer Incentives and Financing Options As governments and financial institutions recognize the importance of promoting electric mobility, more financing options, tax benefits, and rebates are being introduced to make EV ownership more accessible.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CADA urges Quebec to reconsider scrapping EV incentives

Canadian Auto Dealer

This week the Quebec Finance Minister Eric Girard tabled its 2024/2025 budget that would see the province scrap subsidies for electric vehicles in the province by 2007, with a phase out happening over several years starting in 2025. In 2024, the rebates for fully electric vehicles are $7,000.

Rebate 52
article thumbnail

Emerging Technologies in the Automotive Industry: How Dealerships Can Stay Ahead of the Curve

Shawn Ryder

Online Financing Tools: Provide calculators that allow customers to estimate payments and apply for financing directly on your site. Highlighting Incentives: Promote government rebates and tax credits for EV purchases to encourage customers to consider electric options.

article thumbnail

Emerging Technologies Revolutionizing the Automotive Industry: What Dealerships Need to Know

Shawn Ryder

Government Incentives: Many regions offer tax rebates and incentives for purchasing EVs, making them more attractive to buyers. Connected Cars Connected cars are enhancing the driving experience by integrating technology that enables communication between the car, the driver, and external networks.

article thumbnail

Is it cheaper to own an electric car or a petrol car over five years? We find out

Drive.com

There are still some registration discounts (Victoria offers a $100 per year rebate on EVs), but given the variability of registration and stamp duty costs, we’ve kept this out of the key cost comparison. It is and it isn’t, but with anything finance related we’d recommend you speak to a professional before making a commitment.

article thumbnail

How is the Used EV credit applied?

Shawn Ryder

State Incentives: Some states provide additional rebates or credits to further incentivize used EV purchases. Public Charging Availability: Depending on your driving patterns, check local charging networks to determine if public options are accessible. Its essential to research local programs that may complement the federal credit.

Rebate 52