Teslarati

APRIL 24, 2024

This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. With the federal tax credit and estimated gas savings in place, the upgraded Model 3 Performance becomes more affordable than the mid-tier Model 3 Long Range Dual Motor AWD variant.

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Tax Credit Tax Affordable Range 121

The Truth About Cars

APRIL 24, 2024

Today we covered Tesla's back-and-forth on whether it will or won't build an affordable EV. One of the biggest reasons not to purchase an EV that I hear is that the MSRP of most EVs is too high, even considering tax credits. Does that ring true?

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Affordable Tax Credit Honda Tax 105

The Truth About Cars

APRIL 24, 2024

Full Self-Driving recently dropped to $8,000 or $99 per month, but that’s still a significant upcharge on the automaker’s more affordable vehicles. The recently updated Model 3 lost tax credit eligibility in lower configurations, but the fresh Performance variant qualifies.

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Tax Credit Tesla Tax General Motors 63

The Truth About Cars

APRIL 23, 2024

Rivian sells two compelling EVs that have garnered a good deal of happy customers, but they’re far from affordable. At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models.

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Gas Tundra F-150 2018 100

Teslarati

APRIL 26, 2024

The most affordable Quicksilver Model Y is a Long Range Dual Motor AWD with black interior that’s priced at $49,990 or $42,490 after the federal tax credit. Tesla’s Inventory page as of writing shows nine Quicksilver Model Y units that are available for purchase.

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Baua Electric

APRIL 23, 2024

New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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GM Market Cadillac Escalade 52

Baua Electric

APRIL 23, 2024

New models coming to boost market share Meanwhile, the new electric Chevy Equinox, which GM says is the most affordable EV with over 300 miles range, is already available to order. With the tax credit, the Chevy Equinox EV price could fall as low as $35,295. Chevy’s Blazer EV is also eligible for the $7,500 tax credit.

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GM Market Cadillac Escalade 52