Almost exactly a year ago, Tesla Motors announced what it called a "revolutionary" lease deal for the Model S. Since the electric automaker used some unusual assumptions in its calculations to get to a headline-worthy $500-a-month "true cost of ownership," the company had to quickly Sebastian Blanco
In case you were interested in driving a BMW i3 but were afraid of getting into a traditional lease, there's some good new for you. We think. BMW recently announced that it would offer something called "OwnersChoice" and "OwnersChoice with Flex" to make the elegant city EV an easier purchase. Or temporary purchase, anyway.
A growing number of American car leases are being taken over for the purpose of being shipped overseas at the end of the term, according to Swapalease.com. This is happening particularly because fewer lessees and dealers plan to keep the leases because of the changing equity position.
Has the electric-vehicle market really gotten to the point where folks can take out a lease for less than C-note per month? Yes, if you're interested in a Mitsubishi i of Smart ForTwo EV, Plug In Cars has found.
"But wait, there's more!" Anyone who's watched late-night television is familiar with the telltale phrase of a spokesman looking to reel in a potential customer who may otherwise be disinterested in what's being advertised. Now, General Motors, faced with selling the first Cadillac extended-range plug-in vehicle to a public that may find it rather expensive, is throwing in a bonus. In this
The government shutdown is eroding consumer confidence in the auto market, says John Krafcik, CEO of Hyundai's US sales unit, and could lower October sales by as much as 10 percent, Automotive News
Since the US government shut down early this morning, more than 800,000 federal employees could be furloughed without pay until a deal is reached to start the government back up. To help affected employees cope with the temporary layoffs, Hyundai is expanding its Assurance program to defer all of their auto loan or lease payments until they're called back to work.
At $25,000, the new 2013 Smart ForTwo Electric Drive was always a good deal, but the low new lease price we just found still manages to surprise. Mentioned ove
When we heard Fiat announce the $199 lease price for the all-electric 500e, we figured it would have a big effect on the electric vehicle market. After all, $200 a month for an EV makes a lot of sense for a lot of commuters. The next EV to get a price tag was the
When we drove the Volkswagen XL1, the incredibly efficient plug-in diesel hybrid pod that gets something like 261 miles per gallon, we learned that Volkswagen is only going to make 250 of them.
The Nissan Leaf, the Fiat 500e and now the 2014 Chevy Spark EV 1LT. Three different electric hatchbacks that can all be had for the same low lease price: $199 per month. The Spark even has the same appealing $999 down payment as the Fiat (the Leaf's is $1,999) and both require 36-month leases, so the cost o
"We decided we were wrong and other people were right and we decided to fix it."
Something interesting happened on the way to make the 2014 Fiat 500e a real car. As the idea for the car was bandied about in public for many years, Fiat-Chrysler CEO Sergio Marchionne complained bitterly, saying the only reason the car was coming to market was because Sebastian Blanco
Buy an EV, lease the battery. In the UK, this uncommon financing scheme will be available to anyone interested in a 2013 Nissan Leaf.
Even Tesla Motors hasn't totally figured out the details of the just-announced Model S "lease" program. Yesterday, when the financial product was first revealed, the small print on the company's online calculator described a 66-month loan and a tiered monthly payment structure, depending on which model you chose: $1,199 a month for th
Just how "revolutionary" you think the just-announced lease option is for the Tesla Model S will depend on a lot of factors, like how much gas costs where you live and whether or not your current car drinks premium or not.
The average resale value of General Motors vehicles climbed to 44 percent last year, matching that of Chrysler and sitting one percent less than Ford, but still 7.5 percent less than Honda. It's a welcome increase from the post-bankruptcy days of 2009 when 36.5 percent was number upon which lease rates were based. Accor
You can get great deals on car leases these days, but a few wrong turns will cost you. Here's what you need to know.
Lease prices for the Nissan Leaf have been inching ever downward – a move that is increasing sales – and it looks like some Ford dealers are willing to travel alongside down th
Boardwalk Nissan in Redwood City, CA, about 30 miles south of San Francisco, is offering lease terms on a Nissan Leaf that are as cheap as we've ever seen: $139 a month. Or, as it's known in an era of $5 gas, what it costs to fill a 14-gallon tank twice.
