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There’s not much in the way of cash incentives from Honda right now, but with the average auto loan interest rates across all credit profiles ranging from 5.64% to 14.78% for new cars, per ...
With the Federal Reserve recently cutting interest rates for the first time in four years, new car prices continuing to drop and incentives back in fashion, the next 12 to 15 months could ...
The average transaction price on new vehicles in December 2023 was $48,759 — an increase of 1.3% month-over-month but down 2.4% year-over-year, according to data from Kelley Blue Book, a Cox ...
For the period of 2018–2021, €6,000,000 annually will be allocated towards the purchase of electric cars and conversion of petrol cars to E85 and gas. An individual registering a new electric car in the period 1.1.2018–30.11.2021 is eligible for a grant of €2,000, if the purchase price of the car is €50,000 or less. [56]
The main federal incentive for consumers to purchase fuel efficient vehicles is to give tax credits. States also have their own incentive programs to further incentivize fuel efficient vehicles in their own states. These incentives range from more tax credits, to discounts on insurance, to price reductions on car registration fee's.
Much like new cars, Arrigo said production is also improving on used cars which led to used car prices coming down in 2023. Arrigo predicts this trend is likely to continue into 2024.
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