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Tesla partners with Origence for credit union-based financing program

Teslarati

Tesla and Origence, which describes itself as the leading credit union technology company in the United States, have announced a partnership that will allow the automaker to offer car buyers financing through a credit union when ordering a vehicle through the company’s website.

Financing 131
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How To Finance a Used Car in the UK

Clean Fleet Report

Used-car buyers can now find nearly as many offers and choices as those looking for a new one, thanks to the huge popularity of car financing. Just remember to run a car history check before financing the vehicle to ensure it’s worth the money. Car dealerships may have the best financing deals. Dealer Finance for Used Cars.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The upfront cost of an EV is the biggest barrier to EV adoption, with the average cost of a new EV being 52 percent more than a gas vehicle. With the average American family having just over $5,000 in the bank, they don’t have the ability to use their EV incentives to lower the upfront cost of their EV.

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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

Green Car Congress

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

Acura 218
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The Tesla Model 3 is now cheaper to lease than a Toyota Camry

Baua Electric

That makes the effective monthly cost $410, which is a pretty good deal when you consider that the Model 3’s MSRP is $40,380. The Toyota Camry ‘s MSRP is only $29,804, but the effective cost is $442 – that’s $32 more per month than the Tesla Model 3. The folks at CarsDirect surfaced an interesting EV/hybrid sedan comparison.

Toyota 52
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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

Green Car Congress

Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.

EPRI 261
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How does leasing an electric car work?

Drive Electric

When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. Affordable. There are two main forms of leasing: Contract Hire and Contract Purchase. Contract Hire.