8 stories tagged financing on EV Digest.
Hyundai is offering compelling incentives on its Ioniq 9 electric SUV, including a significant cash-back bonus or an extended period of interest-free financing. These deals aim to make the new EV more accessible and attractive to prospective buyers.
Despite some signs of cooling inflation, the Federal Reserve may still opt for additional interest rate increases, potentially impacting the cost of financing for major purchases like electric vehicles. While a rate hold is anticipated at their upcoming meeting, central bank officials have indicated that further adjustments could be on the horizon.
Tesla has reportedly begun offering 0% financing for certain models, raising questions about the company's financial strategies amidst declining per-vehicle profits. This move could be a tactic to stimulate demand for its electric vehicles.
Amid concerns over vehicle depreciation following its recent price adjustments, Tesla has launched a new "Guaranteed Future Value" (GFV) program. This initiative aims to reassure buyers by setting a resale price for new Model 3 and Model Y vehicles financed through Tesla, mitigating potential losses from future market fluctuations.
The cost of owning a new vehicle continues to escalate, with monthly payments and financing reaching unprecedented levels. This trend is sparking significant worry regarding market accessibility and consumer affordability.
Lucid is providing an unusual incentive for its 2026 Gravity SUV, offering no-interest financing on remaining inventory. This move comes as the luxury EV manufacturer aims to clear out earlier model years following the launch of its updated 2027 Gravity.
As your EV lease approaches its conclusion, deciding your next move requires careful consideration. This guide explores whether buying out your current electric vehicle, leasing a new one, or purchasing a different EV makes the most sense given current market conditions and your personal driving needs.
When upgrading to a new EV, understanding the trade-in process can significantly impact your purchase. This guide helps current EV owners navigate valuation, timing, and negotiation strategies to ensure they receive the best possible price for their used electric vehicle, whether it's a BEV or PHEV.
