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How the financing arm helped Mercedes Benz crack the Indian luxury market | Autocar Professional

Baua Electric

While it gives prestige and exclusivity to the brand, it can also keep potential buyers away as they may feel that they cannot really afford such a high-end product. Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. In our financing, we advocate for flexibility.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

This price barrier prevents the middle class from capitalizing on the notable cost savings of EVs, paying a “poverty penalty” of $1,000/year in higher fuel and maintenance costs by driving gas-powered vehicles. Particularly with inflation and higher gas prices, it’s critical that we make financing EVs cheaper than gas cars today.

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BYD to unleash 100,000 EVs globally with its new partner, Uber

Baua Electric

BYD’s EVs will be offered with “best-in-class pricing and financing” as the partnership aims to make going electric more affordable for Uber drivers. BYD Atto 3 (left) and Dolphin (right) EVs in Japan (Source: BYD) Not only are BYD’s vehicles affordable, but they also have lower maintenance and repair costs.

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Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit approved customers. The full sale price of the Fisker Ocean will be announced in January 2020.

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Top 7 Tips for Buying a Car

Clean Fleet Report

Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. That’s why you should invest time and effort into researching different car models, their features and prices.

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The Economics of Solar Energy: Is It Worth the Investment?

Baua Electric

However, these prices have dropped significantly over the last decade, making solar more affordable than ever. Many companies also offer financing options, making it easier for homeowners to spread the cost over several years.

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Rising UK sales reflects growing consumer confidence in EVs

My Energi

According to the results of a YouGov survey commissioned by the National Financed Dealers Association (NFDA), for example, 62% of survey respondents still considered EVs far too expensive, while 54% had concerns over their battery life and 57% faced reservations over insufficient charging infrastructure. But are these concerns warranted?

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