The Inflation Reduction Act (IRA) was meant to spur production and sales of electric vehicles (EVs) with tax credits for ...
Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an ...
Motorists can claim up to $7,500 in credits when they buy specific models of electric cars thanks to a rebate in by the US Treasury Department in April. But a bizarre loophole in regulations means ...
The electric vehicle tax credit has been expanded and modified. Here are the rules, restrictions and how to qualify. Many or all of the products featured here are from our partners who compensate us.
Overall, very few EVs currently qualify for the full $7,500 tax credit. Some electric vehicles that don’t qualify include about nine models from mostly foreign manufacturers including Hyundai ...
As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new ...
When new requirements for the EV tax credit took effect in April, the number of electric vehicles that qualified for the $7,500 tax break dropped dramatically. Right now only about a dozen cars ...
UPDATE (04/18/2023): Ten electric vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that went into effect on April 18 ...
Not only are you already helping the environment, you're getting a a tax credit up to $7,500. It's getting clearer and clearer that electric vehicles are worth the cost. There are so many reasons!
Shocking to some but buying might not be the best way to go for a new car if you’re trying to save the money and go the most ...
Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an ...
PHOENIX (3TV/CBS 5) — Electric vehicles are becoming more and more common. Federal tax credits can make them a pretty attractive option. But not every EV qualifies for the credit, so there’s a ...
