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Can A House-Sized Car Payment Actually Net You Money?

You can lease an Aston Martin V12 Vantage S Coupe in the US for $1,900 thanks to a new deal the British brand has with Ally Financial. That's hardly cheap, but we have a way to possibly offset the cost.

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Think of this as a rare occasion where a General Motors collaborator is providing Ford with a little cash. A GM partner, peer-to-peer car-sharing operator RelayRides, is buying competitor Wheelz for an undisclosed amount, GigaOM reports. It's a bit of a stretch, but Ford is connected to Wheelz.

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Nothing like a little rental income to help make the monthly payment on the Caddy, huh?

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Nothing like a little rental income to help make the monthly payment on the Caddy, huh?

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Could peer-to-peer car sharing be coming of age? The nascent business model got a huge shot in the arm today, in the form of $13.7 million of funding for Wheelz, a car sharing program based on college campuses. Zipcar, of course, is the 800-pound gorilla of the car sharing ecosystem, operating in three countries and boasting nearly 700,000 clients. Perhaps equally important is that among those bankrolling Wheelz is Fontinalis Partners, a Detroit-based investment firm founded by Bill Ford, Execut

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The next big in-car infotainment feature probably won't come from an automaker; it will be the work of an outside developer with access to the vehicle's infotainment system. With that fact in mind, OnStar is opening its API to select devs to create new apps utilizing the system's Advanced Telematics Operating System (ATOM).

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General Motors has formally established its first-ever car-sharing gig by signing a deal with peer-to-peer specialist RelayRides. GM's head of business development initiatives, Bob Tiderington, remarked:

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General Motors has formally established its first-ever car-sharing gig by signing a deal with peer-to-peer specialist RelayRides. GM's head of business development initiatives, Bob Tiderington, remarked:

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Want to participate in car sharing but think that whole "I want to use a car when I need one" thing is only half the story? Then you might like RelayRides, a peer-to-peer car sharing network that add a leap of trust element to the Zipcar model.

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