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“As we continue to adapt to the market to achieve the optimal mix of sales growth and customer value.” Additionally, leased vehicles qualify for a $7,500 cash incentive, which is applied to reduce the leasepayment. Much of the industry is reeling after sales growth in the EV segment slowed late last year.
Expressed as a percentage of MSRP, King explained incentive spending is currently at 6.3%, an increase of 2.5 One of the drivers of higher incentive spending from a year ago is the increased availability of discounted leasepayments,” King said in a news release, mentioning that leasing is expected to account for 23.2%
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