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Consumers will be able to browse California dealer online showrooms, ask questions, negotiate prices, and arrange financing and payment to purchase a new 2008, 2009 or select 2010 car, crossover or truck online.
WASHINGTON -(Dow Jones)- Move over, cash for clunkers. Since batteries that power electric vehicles might last longer than the car itself, they say financing will have to be adjusted to reflect that. November 16, 2009: 06:01 PM ET. Updated to attribute projection on “smart-grid&# earnings to FERC Chairman.).
Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. When they’re mass-produced, conversions will cost under $10-$15,000.
Germany’s auto industry and senior officials have called for another “cash for clunkers” program , an initiative that would boost the demand for more sustainable vehicles by offering monetary incentives for people that scrap their fuel-inefficient cars.
The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale, similar to “Cash for Clunkers”.
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