Shawn Ryder

JANUARY 19, 2025

Incentives and Rebates: Be aware of state-level incentives for hybrid or electric vehicle purchases, which can impact your overall cost. States often differ in terms of dealer practices, customer service, and post-sale support. Texas Plug-In Electric Vehicle Incentive Program: Offers rebates for electric vehicle buyers in Texas.

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Canadian Auto Dealer

JANUARY 10, 2025

The Canadian government will soon be putting an indefinite pause on the rebates eligible for the purchase of zero emission vehicles due to the program funds almost being depleted. The Government offers up to $5,000 in rebates for the purchase of EVs and has a mandate to have EVs represent 20 percent of all new vehicles sold by 2026.

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CarExpert

FEBRUARY 7, 2024

Only Australian residents qualify for the rebate, which can be used in conjunction with the incentives currently available in Queensland, Australian Capital Territory, Northern Territory and Western Australia. Demonstrator and secondhand MY23 BYD Atto 3 models aren’t eligible for the rebate.

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Drive.com

APRIL 12, 2024

While the $3000 rebate and stamp duty exemption for EVs in NSW has ended, the state government previously announced the available $26 million funding originally set aside for the EV subsidy program will instead be directed towards the EV charging networks across the state.

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Canadian Auto Dealer

MARCH 19, 2025

Im super proud, but at the same time it comes with a lot of responsibility, in terms of best representing the dealers, the customers, the brand and so forth. I grew up in an automotive family my whole life and of course its always a dream (to become an OEM President), said Flamand in an interview with Canadian auto dealer.

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Shawn Ryder

JANUARY 19, 2025

These incentives can come in various forms: Cash Rebates: Direct cash discounts that can reduce the overall price of a vehicle. Financing Offers: Attractive financing terms, like 0% APR or deferred payment options. Understanding financing options can lead to better long-term value.

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Best Selling Cars Blog

MAY 21, 2024

For instance, EVs do not require oil changes, and with fewer parts subject to wear and tear, the long-term maintenance costs can be dramatically reduced, adding to the economic affordability over the vehicle’s lifespan.

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Shawn Ryder

FEBRUARY 7, 2024

Explore Loan Terms: Consider the loan’s term length. While longer terms may offer lower monthly payments, they often result in higher overall costs due to interest. Understand the terms, including mileage limits and wear-and-tear policies. Don’t Rush: Take your time during the negotiation.

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Shawn Ryder

JANUARY 25, 2025

If a manufacturer decides to continue offering financial rebates or incentives beyond December, dealerships may opt to keep their sales running to take advantage of these benefits4:3source. Manufacturer Incentives Collaborative efforts with manufacturers may contribute to extended sales.

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Crest Nissan

SEPTEMBER 26, 2023

In reality, EVs have made significant progress in terms of range. In some regions, tax incentives and rebates further reduce the purchase price. Additionally, EVs have lower operating costs compared to traditional gasoline cars, resulting in long-term savings for owners.

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Best Selling Cars Blog

OCTOBER 21, 2024

Challenges Facing the Electric Vehicle Industry While the momentum for electric vehicles is unmistakable, there are considerable challenges that the industry must overcome to achieve long-term growth and sustainability.

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Auto Remarketing

MAY 1, 2024

However, there are deals to be had in the used-car market for alternative-fuel vehicles — even beyond government rebates — that could help dealers overcome those shopper objections. In fact, used hybrids may be a better deal than gas vehicles in terms of average overall cost-effectiveness.

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Automotive Mastermind

MARCH 29, 2024

Ranging from car rebates and discounts to special financing and leasing deals, these car dealer incentives serve as a strategic tool for savvy sales teams. These in-house financing options are tailored to support the sale of vehicles by offering competitive rates and terms that traditional lenders might not match.

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Best Selling Cars Blog

SEPTEMBER 6, 2024

Legal Framework Governing EV Accidents Electric vehicle (EV) accidents introduce unique legal challenges, especially in terms of liability and the interplay between federal and state regulations. Some states offer rebates, reduced registration fees, or access to HOV lanes. At the state level, policies vary widely.

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3 Brothers Autosale

DECEMBER 20, 2023

Your credit score is a numerical representation of your creditworthiness, and a higher score opens doors to lower interest rates and better loan terms. Armed with favorable financing terms, you have the upper hand in negotiations. A longer loan term may offer lower monthly payments but could result in paying more interest over time.

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Drive.com

MARCH 3, 2024

Reuters reports the Nissan-Fisker deal could close this month, according to “two people familiar with the negotiations,” and that “the term sheet is ready and the deal is going through due diligence.” ” Fisker Ocean SUV.

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Canadian Auto Dealer

OCTOBER 1, 2024

Their actions in recent months, however, have certainly raised questions about their long-term commitment to incentive programs that support the ongoing adoption of electric vehicles. In one fell swoop, it removed 75 per cent of vehicles eligible for a provincial rebate from the program.

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Drive.com

NOVEMBER 8, 2024

There are currently no government subsidies or rebates available to scrap your car, unlike in the EU, UK, and Japan, which all have schemes in place to give cash back to people who scrapped their vehicles. Now, perhaps you have an eco-mind, or perhaps you just love your car that’s reaching the end of its life.

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Autosoft

APRIL 19, 2024

Offer Competitive Pricing While electric vehicles (EVs) are known for their long-term cost savings due to reduced maintenance and fuel expenses, the initial cost can be a barrier for some buyers. Highlight Incentives and Rebates Various regions provide incentives and rebates for buying electric vehicles.

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Canadian Auto Dealer

JULY 29, 2024

Introducing cheaper Chinese EVs might seem like a plausible short-term solution to bridge the affordability gap. Consumer rebates have proven effective in addressing the affordability of EVs, as demonstrated in provinces like Quebec and British Columbia. More importantly, it’s not the only way to address the affordability gap.

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Canadian Auto Dealer

JANUARY 3, 2025

Theyve been listening to what weve been asking as dealers, in terms of support. Weve already seen an uptick and buy-in from Stellantis on rebates and interest rates. We feel very supported by them, said Kaulback. Theres peaks and valleys within this business, said Grant. You need to grind through the valleys and ride out the peaks.

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Shawn Ryder

FEBRUARY 14, 2024

These can include cash rebates, low Annual Percentage Rate (APR) financing, lease specials, and other promotional offers. Types of Dealer Incentives Cash Rebates: Manufacturers may offer cash bonuses to dealers for each unit sold of a particular model, which can then be passed on to consumers as discounts.

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Canadian Auto Dealer

MARCH 1, 2024

NCDA cautiously optimistic about 2024 but ZEV mandates remain long-term concern 2 023 was a year in which the new vehicle sector faced a number of successes and challenges, and while we are cautiously optimistic about 2024, it doesn’t take a crystal ball to foresee issues that will require ongoing attention.

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Canadian Auto Dealer

JANUARY 15, 2025

They did so after Transport Canada announced on Monday that they would pause the IncentivesforZero-EmissionVehicles(iZEV) rebate program , which offered a purchase incentive of up to $5,000. The Quebec government announced in December it is putting a pause on its rebates worth up to $4,000 in February through to the end of March.

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AutoSuccessOnline

SEPTEMBER 6, 2024

Dealerships using Lectrium’s software will now be able to incorporate information including battery range, charging times and long-term savings of EV ownership directly onto their websites in a way that is easily understandable for prospective EV purchasers.

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AutoSuccessOnline

JULY 22, 2024

Dealerships using Lectrium’s software will now be able to incorporate information including battery range, charging times and long-term savings of EV ownership directly onto their websites in a way that is easily understandable for prospective EV purchasers.

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Shawn Ryder

JANUARY 17, 2025

In automotive terms, a lease deal allows you to drive a vehicle for a set period, typically two to four years, while making monthly payments that cover the vehicle’s depreciation over that time. Be Prepared to Walk Away Feeling compelled to close a deal can lead to less-than-favorable terms. Heres how: 1.

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Car Examer

AUGUST 18, 2024

Research Dealer Incentives and Rebates: For new cars, manufacturers often offer incentives or rebates that can significantly reduce the price. Confirm Financing Terms: If you’re financing through the dealer, double-check the loan terms, interest rate, and monthly payments to make sure everything aligns with what you agreed upon.

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Shawn Ryder

JANUARY 19, 2025

At the end of the lease term, individuals commonly have the option to buy the car at its depreciated value or return it to the dealership. It’s crucial to ask questions and clarify the terms before making a rush decision. However, circumstances may arise where leasing customers find themselves wanting to exit their lease early.

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Shawn Ryder

JANUARY 18, 2025

Incentives and Rebates: Manufacturers often provide dealerships with incentives or rebates based on sales volume, which may give a dealer extra flexibility on price. Factors to consider include: Loan Terms: Understand the terms you can afford.

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Shawn Ryder

JANUARY 28, 2025

Gather financing offers from each dealer and consider: Interest rates Loan terms Down payment requirements Incentives and Rebates Inquire about any manufacturer incentives that may be available at each dealership. Loan Offers Are the lenders competitive?

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Canadian Auto Dealer

DECEMBER 11, 2024

In terms of maintenance, 41 of 50 EVs (82 per cent) had lower costs. Federal EV point-of-sales rebate qualifications were included in the results, which were also based on vehicle pricing set on September 24. For the remaining 34 EVs with higher depreciation, their costs were over $6,000 higher on average.

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Shawn Ryder

JANUARY 24, 2025

These discounts can take various forms, from cash rebates to financing incentives and trade-in offers. Cash Rebates: These are direct price reductions offered by the dealership, which can significantly lower the vehicle’s purchase price. Trade-In Offers: A higher trade-in value can offset the cost of a new vehicle.

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Canadian Auto Dealer

JULY 29, 2024

One of the things to be mindful of is we’re operating with the same regulation, the same legislation, from 2010, so in terms of our authorities, they have not changed,” said Harquail. In the March 2024 budget, for example, the government announced plans to end electric vehicle rebate incentives for consumers by the end of 2027.

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Drive.com

FEBRUARY 14, 2024

Novated lease terms are usually between one and five years. Otherwise, you’ll need to pay off the balance, renew the lease for a longer term or else sell the car. For example, the NSW electric car rebate that ended in 2023 was not available for vehicles purchased under a novated lease.

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Cartime Super Center

MAY 31, 2024

But if new car rebates and other incentives have you on the fence, a better understanding of what’s really going on should help. Like with special rebates and most other incentives, buyers must have excellent credit to qualify. Many car dealerships will negotiate used car prices, terms, and offer other incentives.

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AutoSuccessOnline

FEBRUARY 18, 2025

If youre truly interested in building long-term channel relationships, your goal shouldnt just be to help your partners now you need to start preparing them (and their businesses) for the future. Stat #7: The top three most commonly used incentive programs are volume discounts, annual loyalty programs and consumer rebates.

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