Investigation finds many auto buyers are massively overpaying

Anyone who’s ever purchased a new or used car through an automotive dealership knows that while searching for cars and finding the one perfect for you is typically fun, most people dread the finance office. The finance office is where you’re often pressured to add on all sorts of ancillary warranties and services that can run the price per month for your new ride up significantly. However, a lot of people don’t know that the finance office is where you could also pay significantly more interest on your new purchase than your credit score and history qualify you for.

Anyone who’s sold cars may be familiar with the tactic that happens in the finance office called “holding points.” Holding points occurs when someone comes in with a credit score that qualifies them for a 1.9 percent interest rate, for example. However, many dealerships and banks allow the finance office to

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Preliminary Investigation Into Porsche Taycan Power Loss

According to a recent report by Automotive News, NHTSA opened a preliminary investigation of 2020 and 2021 Porsche Taycan electric cars related to power loss. The report says the NHTSA’s Office of Defects Investigation has received nine complaints from Taycan owners related to the issue. Six complaints also state that the car wouldn’t restart after the power loss.

Editor’s Note: Porsche reached out to InsideEVs with the following comment:

“Firstly, our first priority is the safety of anyone travelling in one of our cars. We are aware of nine customer complaints and have, as a result, received the NHTSA inquiry, which is a routine part of their oversight process. We are already underway in addressing this issue and look forward to answering NHTSA’s questions and quickly resolving the underlying issue, should one be confirmed. All Taycans remain safe to drive – we are not aware of accidents reported in

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