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Tax credit score workaround spurs EV leasing

Baua Electric

Damon Lester, broker fundamental of Nissan of Bowie, in Maryland, and vice president of the Nationwide Affiliation of Minority Automotive Sellers, stated leasing is helping produce EVs extra inexpensive. “That type of credit still needs to be accessible to everyone.”

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8 ZEV states announce US ZEV sales top 260,000 units

Green Car Congress

The other seven states—Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island and Vermont—account for more than 135,000 vehicles. In only a few short years we have gone from virtually zero to a quarter-million zero-emission cars, and every day moves us closer to our combined goal of 3.3 million by 2025.

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Hyundai introduces 2018 Sonata Hybrid and Plug-in Hybrid models at Chicago Auto Show

Green Car Congress

Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Sonata Plug-in Hybrid buyers are currently eligible for a $4,919 federal tax credit. No longer reserved for luxury cars, advanced safety technologies, such as Blind Spot Detection with Rear Cross Traffic Alert is standard.

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Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

Green Car Congress

Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.

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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. FTC: We use income earning auto affiliate links.

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