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Found 9 results

  1. You find yourself in the showroom, ready to drive away in a new Chevrolet Bolt, Nissan Leaf, or Tesla Model S. But there is one big question that needs to be decided, do you buy or lease it? According to a report from Bloomberg, most buyers of EVs tend to lease. In the U.S., almost 80 percent of electric vehicles on the road are leased according to their report. It also says that 55 percent of plug-in hybrids are leased. More than 80 percent of BMW i3s are leased as an example. The key reason comes down to the belief that electric vehicles will continue to improve and buyers can simply tr
  2. You find yourself in the showroom, ready to drive away in a new Chevrolet Bolt, Nissan Leaf, or Tesla Model S. But there is one big question that needs to be decided, do you buy or lease it? According to a report from Bloomberg, most buyers of EVs tend to lease. In the U.S., almost 80 percent of electric vehicles on the road are leased according to their report. It also says that 55 percent of plug-in hybrids are leased. More than 80 percent of BMW i3s are leased as an example. The key reason comes down to the belief that electric vehicles will continue to improve and buyers can simply tr
  3. Sales of new cars have been reaching all-time highs and part of the reason comes down leases. The Detroit News reports that nearly one in three vehicles built for the U.S. is leased. Data from Edmunds shows 2.2 million vehicles were leased in the first half of 2016. Not only is this up 13 percent from the same time year, it is double the volume from 2011. Steven Szakaly, chief economist for the National Automobile Dealers Association tells the Detroit News there is plenty of space for more leases. “I think this could easily be 40 percent of the market,” said Sazkaly. Why have leases
  4. Sales of new cars have been reaching all-time highs and part of the reason comes down leases. The Detroit News reports that nearly one in three vehicles built for the U.S. is leased. Data from Edmunds shows 2.2 million vehicles were leased in the first half of 2016. Not only is this up 13 percent from the same time year, it is double the volume from 2011. Steven Szakaly, chief economist for the National Automobile Dealers Association tells the Detroit News there is plenty of space for more leases. “I think this could easily be 40 percent of the market,” said Sazkaly. Why have leases
  5. G. David Felt Staff Writer Alternative Energy - www.CheersandGears.com Alternative Fuels & Propulsion in the News So the news has had some interesting stories this past few weeks in regards to GM and Honda getting closer as they co-develop Hydrogen auto's and self driving: http://www.hydrogenfuelnews.com/honda-and-gm-seek-to-expand-partnership-on-hydrogen-fuel-cells-and-driverless-vehicles/8525101/?utm_source=WW+Clean+Cities+News+Digest+--+October+20%2C+2015&utm_campaign=WW+Clean+Cities+News+Digest+--+October+20%2C+2015+&utm_medium=email According to the story, 2020
  6. Prices of new vehicles are climbing to record highs and causing buyers to look at leases for lower monthly payments. According to CNBC, a new report from Experian Automotive found that 31.46 percent of vehicles sold in the first quarter were leased. This is up from the 24.05 percent who chose to lease five years ago. The report also reveals that that the average monthly payment for a new vehicle loan was $488, up $14. But, the average lease payment was down $7 to $405. "The difference between a monthly payment for those leasing a new vehicle versus those who buy new is almost $100," sa
  7. Prices of new vehicles are climbing to record highs and causing buyers to look at leases for lower monthly payments. According to CNBC, a new report from Experian Automotive found that 31.46 percent of vehicles sold in the first quarter were leased. This is up from the 24.05 percent who chose to lease five years ago. The report also reveals that that the average monthly payment for a new vehicle loan was $488, up $14. But, the average lease payment was down $7 to $405. "The difference between a monthly payment for those leasing a new vehicle versus those who buy new is almost $100," sa
  8. Whenever an automaker reveals a new model at an auto show, they tend to have a difficult time trying to sell the current model. But Dodge is going to try something new they hope will alleviate that problem. The Dodge Double-Down will offer buyers a one-year lease on a 2014 Charger and Challenger starting on April 17, the same day the brand will be showing off the new 2015 versions of the two models. After a year, a buyer can move into a three-year lease on a 2015 model of either vehicle for the same payment and no more money down. If a buyer decides to buy either 2015 model, they'll get a $1,
  9. Whenever an automaker reveals a new model at an auto show, they tend to have a difficult time trying to sell the current model. But Dodge is going to try something new they hope will alleviate that problem. The Dodge Double-Down will offer buyers a one-year lease on a 2014 Charger and Challenger starting on April 17, the same day the brand will be showing off the new 2015 versions of the two models. After a year, a buyer can move into a three-year lease on a 2015 model of either vehicle for the same payment and no more money down. If a buyer decides to buy either 2015 model, they'll get a $1,

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