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To offset high prices and the loss of the federal electric vehicle tax credit, automakers are offering lease deals with low monthly payments.
In a move to combat an $813 million loss for 2025, Porsche will be increasing prices across its lineup in January, but it has discounts available through Jan. 2.
Though they’re not (currently) a thing, even if car loans did go as long as 15 years, here’s why it wouldn’t be a great idea.
Now that the federal electric vehicle tax credit has ended, automakers are enticing customers with major incentives on EVs.
One of the fastest rising costs associated with buying a car is probably something you’ve never really paid attention to: destination charges. So, what’s driving the increase?
Sales are up for the third quarter in the U.S. vehicle market, inventory is down, and pricing pressure is impacting affordability across the board.
Tesla’s latest offer cuts lease prices across much of its lineup, and the automaker is also offering financing deals.
GM will offer “an equivalent discount” itself to the one it had been offering via its captive finance division on EV leases, though that offer will only extend through the end of October.
Cash back and low APR financing deals make these new electric vehicles a steal.
The $7,500 federal electric-vehicle tax credit may have ended, but automakers continue to offer strong incentives on EV leases.