Uber is reportedly closing down its car-leasing program in the US

Posted on 08/08/2017 by Engadget RSS Feed

Uber's terrible, awful, no-good 2017 isn't over yet. Two years after it started leasing cars to drivers, the ride-hailing company has realized that it should've looked at the economics of such a little better. "The average loss per vehicle was about...

GM’s car-sharing program links Uber drivers to weekly rentals

Posted on 02/11/2016 by Engadget RSS Feed

While we mostly think of GM's Maven program as just a ZipCar-like car sharing service, it's more generally an option for "flexible" access to vehicles. That's why Maven is a part of Lyft's Express Drive program that offers up short term rentals for d...

Amazon launches ‘Prime Air’ with a cargo plane, not a drone

Posted on 05/08/2016 by Engadget RSS Feed

The first time we heard about Prime Air it was emblazoned on drones Jeff Bezos showed off for 60 Minutes in 2013. Now Amazon is revealing the logo on a flying machine that operates on a much larger scale. Amazon One is just one of its 11 dedicated pl...

Melissa Gorga and Joe Relieved After Kai’s Exit from Their Home

Posted on 22/10/2014 by gerald

At last Melissa Gorga and Joe can release a sigh of relief after Kai Patterson exited from their house. Patterson has actually been a pain in the head to the couple and it's certain they would not...

Smart’s Fortwo ED leasing for $139/ month, battery rental included

Posted on 10/08/2013 by Timothy J. Seppala

Assuming you're small enough to fit comfortably, owning the cheap EV of your dreams could soon become a reality. Chevy recently cut the Volt's price and, as of this week, the Smart Fortwo Electric Drive is available for less, too. Specifically, it's $139 per month on a three-year, 30,000 mile lease that includes its "battery assurance plus" program, an $80 per month option for purchasers. However, to get that special rate, you'll have to put $1,999 down and sign paperwork either in California, Oregon or along the East coast. If you'd rather buy outright instead of leasing, Daimler's compact division has incentives for you, too. In addition to any tax breaks you get from the state and or federal government, the company is knocking $5,010 off the ED's already low $25,000 sticker price. It's finally looking like your payments could match the electric two-seater's diminutive stature.

Filed under: Transportation

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Source: Autoblog (1), (2)

New Nissan Leaf comes to the UK with battery leasing option, extended range

Posted on 14/04/2013 by James Trew

With price reductions on both sides of the Atlantic, and a battery replacement promise, Nissan is clearly keen to lure you over to the EV side of the fence. The latest ploy comes in the form of a battery leasing scheme in the UK market. Dubbing them "Flex" models, cars bought with a leased battery will start at £15,990 (about $24,000) thanks to a British government grant scheme that knocks £5,000 ($7,700) off the price. It'll then cost £70 ($108) and upwards a month to rent the battery depending on the contract and mileage. The new British-built version also comes with a swathe of improvements (over 100 claims Nissan), with top-billing going to the extended range -- from 109 to 124 miles. With charging times also said to be close to 50 percent of those of the original Leaf, the car certainly seems to be moving with the times. Those who prefer to buy the car and battery together as one, can still do so, at the expense of the £5,000 grant. Still undecided? Remember even more improvements could be on the way.

Filed under: Transportation

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Via: Autoblog

Tesla Model S now eligible for non-traditional lease with resale guarantee

Posted on 02/04/2013 by Zachary Lutz

Just as Tesla isn't in the business of making average cars, it's just introduced a leasing program for the Model S sedan that's not entirely run-of-the-mill. Unique to the company's 66-month lease program, you'll find the option of selling the Model S after 36 months at a price that's pegged to the residual value of the Mercedes S Class. While that may sound all fine and dandy, be warned, if you couldn't afford a Model S before, there's a good chance it's still be a wee bit out of your grasp. The Tesla Model S 85kWh edition runs $1,199 per month, which then becomes slightly more palatable once tax credits are factored in. On the average, individuals can expect to pay between $732 to $940 per month for the privilege of leasing a Model S. Meanwhile, business users stand to benefit even more, who can use tax credits to bring the overall cost down to $505 per month. Feel free to hit up the source links if you now think Motor Trend's 2013 Car of the Year is an expense you can stomach, but for the rest of us, we'll just keep dreaming.

Filed under: Transportation

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Source: Tesla (1), (2)

T-Mobile leases 7,200 mobile towers to Crown Castle in a 28-year, $2.4 billion deal

Posted on 28/09/2012 by Daniel Cooper

T-Mobile's just received a hefty cash boost thanks to a tower-leasing agreement it's entered into with Crown Castle. The deal leases 7,200 wireless towers to the infrastructure firm for a term of 28 years in exchange for $2.4 billion -- that T-Mobile's parent Deutsche Telekom will use to pay off debt. As part of the contract, Crown Castle can buy the towers outright when the deal ends in 2040 for a further $2.4 billion -- and is planning to make money by adding another tenant to T-Mobile's system, so depending on your carrier, you might find your coverage suddenly getting a lot better.

Continue reading T-Mobile leases 7,200 mobile towers to Crown Castle in a 28-year, $2.4 billion deal

Filed under: Cellphones, Wireless, Mobile

T-Mobile leases 7,200 mobile towers to Crown Castle in a 28-year, $2.4 billion deal originally appeared on Engadget on Fri, 28 Sep 2012 12:44:00 EDT. Please see our terms for use of feeds.

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Audi A3 e-tron hands-on (video)

Posted on 15/06/2012 by Joe Pollicino

It's not often that we spend quality time with automobiles here at Engadget, but our motives are usually geared by electricity when we do. Take for instance, the Audi A3 e-tron concept above. This isn't the first e-tron concept -- if you'll recall, the A1 and A2 EVs were recently cancelled -- but back in November we learned that the German automaker planned to begin testing this all-electric plug-in in four regions within the US. It hopes to gain insight into how these cars will take to different climates and roadways in the country, while finding out how it will fit into drivers' daily lives. Naturally, the goal is to have something ready for consumers, but Audi figures that it's still about two years away from realization.

After being in the hands of folks within the company, it's decided to let these prototypes loose in the hands of news media like ourselves (!) to show it off and see what outsiders think. As you've probably figured out, we definitely just took this four-door hatchback for a spin near Engadget HQ, and you'll find out all about how it got us around the city in one piece -- with us nearly draining the battery in Times Square in the process -- after the break.

Gallery: Audi A3 e-tron hands-on