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Suppose a customer opted for 0% finance to buy an electronic device worth $1000, offered on a term of 6 months' EMIs, with a $50 application processing fee and one month's EMI in advance. This sale actually results in a 12.48% effective interest rate for the customer.
The European Union requires 47 mpg ‑US (5.0 L/100 km; 56 mpg ‑imp) by 2012. By comparison, U.S. autos are required to achieve only 25 mpg ‑US (9.4 L/100 km; 30 mpg ‑imp) presently. Other nations have adopted standards that are increasing mpg requirements in the future. When California raised its own standards, the auto companies sued ...
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [1] [2] Vehicles purchased after December 31, 2010 are not eligible for this credit.
A 0% intro APR credit card can be a useful way to pay for large purchases or consolidate high-interest credit card debt, acting like a no-interest short-term loan if used responsibly. And it ...
[80] The Nissan Leaf, an electric car billed as "the world's first affordable zero-emission car", [81] [82] debuted in December 2010. [75] By 2017, the Renault–Nissan Alliance was the world leader in electric vehicles, selling more than twice as many electric cars as Tesla , and the Nissan Leaf was the world's best-selling electric vehicle by ...
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The Tesla Model S electric car is a zero-emission vehicle (ZEV) declared 2013 World Green Car of the Year. [ 18 ] Apart from animal-powered and human-powered vehicles , battery electric vehicles (which include cars , aircraft and boats) also do not emit any of the above pollutants, nor any CO 2 gases during use.
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