Remove 2016 Remove Cost Of Remove Financing Remove Price
article thumbnail

Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Beyond that, they suggest making a down payment of at least 20 percent and financing the thing for no more than four years. Setting some variables in this equation, they propose a monthly insurance rate of $147, fuel costs of $260 per month, and maintenance pegged at $95.50 per month (about 10 cents per mile). for a car payment.

Financing 111
article thumbnail

Indianapolis plans to add 425 PHEVs and BEVs to municipal fleet by 2016

Green Car Congress

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The City will replace 100 vehicles by the end of this year and 425 vehicles by the beginning of 2016. million over ten years.

article thumbnail

IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

Green Car Congress

This comes at a time when companies are facing a prolonged period of lower prices and when access to financing from capital markets has become difficult, the report says. The combination of closed capital markets and weak prices are pulling cash out of the system. —Raoul LeBlanc. —Raoul LeBlanc.

Oil 170
article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion, level with 2019 despite falling unit prices. In 2020, the size of the market increased four times compared to 2016, reaching an estimated $118 billion. Electric bus (e-bus) sales are the second-largest category, although annual investment in the segment has decreased from $21 billion in 2016 to $11 billion in 2020.

2020 259
article thumbnail

Oil Well Strippers Suffering From Low Oil Prices

Green Car Congress

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. Stripper wells cost very little to drill, often as little as $300,000 versus millions for a conventional well.

article thumbnail

Orange EV taking orders for new Class 8 electric terminal truck

Green Car Congress

By placing a $10,000 refundable deposit by YE 2016, fleets lock in price, production priority, and Orange EV’s telematics service free of charge on trucks ordered by 31 March 2017. Traditional equipment financing helps reduce initial cash outlay and fund the balance of purchase from cost savings.

Re-Charge 150
article thumbnail

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

between 2016 and 2017, bringing the state’s ZEV market share to 4.5%, compared to 3.6% Factors driving acceleration or deceleration of ZEV adoption include price, performance, choice, convenience, and public policy. Price: The most expensive component of a ZEV is the battery. ZEV sales increased 29.1% More than half of the U.S