Tesla has announced a new 84-month auto loan option for its customers in the U.S., giving buyers up to seven years of financing for new car purchases. The shift, which adds an additional year to Tesla’s previously available financing options, has a very specific reason for being added, according to CEO … [continued]
Tesla has always been cautious about leasing its vehicles. This is in stark contrast to other luxury auto companies (like BMW or Jaguar) that use low lease rates to get folks to “stretch” up to their products with a deceptively low monthly cost.
Here on CleanTechnica, we’ve had a number of stories showing how much cheaper, in total, owning a Tesla can be compared to common gas-powered economy cars. While the purchase price of cars like the Toyota Camry and Honda Accord are a lot lower than a basic Model 3, the costs of ICE (internal combustion engine) maintenance and fuel often end up adding up to more than what the Model 3 would have cost. Despite this, people keep buying the “cheaper” cars.
It’s pretty dang hard to be a Tesla hater (and who would be?) when the company continuously offers the best products, services, and guarantees. Following up on a string of positive announcements, a couple statements released today by Tesla are the latest to put the company at the top of … [continued]
When the Chevy Volt electric car first hit the market a couple of years ago with a built-in gas tank to guard against range anxiety, its manufacturer GM had to wade through a torrent of abuse from the usual suspects. Despite the naysaying, the Volt has been a success and … [continued]
