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The Federal Trade Commission (FTC) is cracking down on junk fees. The new rule is expected to save consumers more than $3.4 billion, the FTC said. The FTC's rule goes into effect on July 30, 2024....
New Zealand motor vehicle fleet increased 61 percent from 1.5 million in 1986 to over 2.4 million by June 2003. By 2015 it almost reached 3.9 million. This is where scrapping has increased since 2014. Cash For Cars is a term used for Car Removal/Scrap Car where wreckers pay cash for old/wrecked/broken vehicles depending on age/model.
The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate. The new car bought under the plan must have a suggested retail price of no more than $45,000, and for passenger automobiles, the new vehicle must have a combined fuel economy value of at least 22 mpg ‑US (11 L/100 km; 26 mpg ‑imp). [18]
The rule would specifically bar misrepresentations about price, cost and the total cost of the vehicle. Dealers will also be required to obtain consent for any charges they add to a vehicle's price.
In some cases, when the car has become disabled in a place where derelict cars are not allowed to be left, the car owner will pay the wrecker to haul the car away. Salvage yards also buy most of the wrecked, derelict, and abandoned vehicles that are sold at auction from police impound storage lots, and often buy vehicles from insurance tow ...
Battery packs can cost tens of thousands of dollars and represent up to 50% of an EV's price tag, often making it uneconomical to replace them. ... may have to junk the whole car. Nick Carey ...
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1680 Williams Rd, Columbus, OH · Directions · (888) 671-5832