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

The Truth About Cars

Springing for luxury items just isn’t in the cards for most of us, despite the lavish recompense* deigned upon us by our corporate overlords in Downtown Canada. 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 for a car payment.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Although the combined costs of insurance, repairs, maintenance and fees and taxes, are higher for nearly all diesel models, the lower depreciation values and lower fuel costs of diesel vehicles contribute to a lower total cost of ownership—especially among passenger cars and SUVs.

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What is Fleet Electrification?

Driivz

Major car manufacturers such as BMW, Daimler and Honda anticipate EVs will make up between 50% to 100% of their sales in upcoming years. 15 million EVs are expected to be part of corporate fleets in the US by 2040. Some 699,708 new passenger plug-in electric cars were registered in May 2022 , which is 55% more than a year ago.

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What Does It Take To Win The EV Race As A Country?

Get Electric Vehicle

This may include tax credits, rebates, or reduced registration fees for EV owners. Norwegians who purchase all-electric vehicles do not have to pay significant value-added taxes or registration fees. While 4 out of 10 people could name Tesla, just 18% of them could name BMW, the second most well-known EV brand.

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

Car manufacturers: BMW AG, Daimler AG, Ford, General Motors LLC, Honda R&D, Hyundai Motor Company, Kia Motors Corporation, Nissan, Renault, Toyota Motor Corporation, Volkswagen. The TCOs of all four powertrains is expected to converge after 2025—or earlier, with tax exemptions and/or incentives during the ramp-up phase.

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