Teslarati

AUGUST 7, 2023

Used Teslas will now qualify for the $4,000 tax credit through the Inflation Reduction Act (IRA) that is applicable for electric vehicles (EVs), Plug-In Hybrid Electric Vehicles (PHEVs), and Fuel Cell Electric Vehicles (FCEVs). However, there is one tough yet significant hoop to jump through for a used Tesla to qualify for the credit.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale.

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EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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Teslarati

JANUARY 9, 2024

Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty low prices. As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices. I need some advice from my Tesla peeps.

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Teslarati

JANUARY 14, 2023

The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. The Model 3 has already become cheaper to buy than ever before in the U.S. due to the recent price cuts. Wild, Tesla has made buying a new Model 3 cheaper than buying one used.

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Teslarati

FEBRUARY 12, 2024

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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Teslarati

MAY 11, 2024

Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month. Tesla has also launched a number of buying incentives in recent months, and especially leading up to the end of Q1.

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Baua Electric

MARCH 1, 2024

Tesla has increased Model Y prices back up as part of a new strategy to implement temporary discounts. It’s a fairly new strategy for Tesla. While Tesla has had extremely frequent price changes over the last few years, it has stayed away from direct discounts. FTC: We use income earning auto affiliate links.

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The Truth About Cars

APRIL 19, 2023

That’s changing, as the automaker has cut prices more than once in 2023, with the latest round of decreases landing this week.& & Tesla cut prices for the base Model 3 by $2,000, bringing it below $40,000, but the Performance model didn’t see a reduction. Pricing for the Model S and Model X did not change.

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Teslarati

OCTOBER 12, 2023

However, the company just slashed leasing prices for the Model 3 and Model Y , its two most popular vehicles, making it as affordable as ever to lease one of the cars with a 36-month term. These prices do not include potential savings from gas and maintenance. percent decrease in pricing from August to September and a 24.7

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The Truth About Cars

APRIL 24, 2024

Tesla recently slashed the price of its Full Self-Driving assistance feature, and it now appears the automaker is taking steps to expand its reach to other OEMs. The recently updated Model 3 lost tax credit eligibility in lower configurations, but the fresh Performance variant qualifies.

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Teslarati

MAY 12, 2023

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

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Baua Electric

MARCH 7, 2024

EV maker Rivian’s (RIVN) stock is trending Thursday ahead of the highly anticipated launch of its new R2 electric SUV. Rivian stock scored a buy rating from Jefferies Finacial Group, suggesting over 45% upside potential. With the anticipated $7,500 EV tax credit, the R2 starting price could potentially fall below $40,000.

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Baua Electric

MAY 17, 2024

The news came after a source from within GM’s Tech Center told them that the Corvette nameplate was due for the same treatment. The report also mentioned the possibility of a “mid-price” flagship electric sports car “loosely linked to the C9 Corvette in content.” Would you buy an electric Camaro? Let us know your thoughts below.

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Teslarati

MARCH 18, 2023

Oregon’s electric vehicle incentive program that was widely publicized for bringing the price of a Tesla Model 3 well below $30,000 is being suspended for a year starting in May because it is running out of money. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com.

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Baua Electric

JANUARY 1, 2024

Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling it a “tax credit”, but it is effectively a point-of-sale incentive starting today. FTC: We use income earning auto affiliate links.

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The Truth About Cars

MARCH 6, 2024

BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get. Image: BMW] Become a& TTAC& insider.

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The Truth About Cars

APRIL 23, 2024

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. Oh, and you’ll have to trade in a gas vehicle to get the price cut. Of course, discounts don’t usually come without terms attached, and Rivian is no exception.

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Teslarati

JANUARY 11, 2024

” Some of the vehicles were listed on Hertz’s website for as little as $17,700 before tax credits could be applied. Hertz now selling former Tesla rentals at bargain prices Currently, the maximum tax credit on a used EV is $4,000, so these Tesla Model 3 units that Hertz is selling could fall under $14,000.

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The Truth About Cars

JUNE 8, 2023

Should you buy a Camry, or should you buy a car from Elon Musk? If you’re shopping on price alone and live in California, the choice might become a lot simpler after this news. Tesla has also cut prices in recent months, after years of increasing MSRPs. The Camry starts at more than $26,000 for comparison.

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Baua Electric

FEBRUARY 27, 2024

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). We can help you find the perfect model at the right price.

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Teslarati

DECEMBER 14, 2021

Ford has captured a tremendous accolade with the Mustang Mach-E after Kelley Blue Book announced that the all-electric crossover is the Electric Vehicle Best Buy for 2022. The Ford EV SUV is eligible for the maximum $7,500 federal EV tax credit, plus any other state and local incentives in your area.

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Teslarati

JUNE 24, 2022

With used vehicles selling at prices sometimes as much as or higher than brand new models due to parts shortages and semiconductor constraints, Ford may be looking to take used EVs and make another profit on them after an initial lease is up. . ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. That’s to buy, not for a lease like previous deals. It’s essentially like receiving the full EV tax credit with a new purchase. 361 $43,656 SEL RWD 77.4 361 $43,656 SEL RWD 77.4

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Electric Vehicles India

OCTOBER 13, 2021

Things to know before buying an electric vehicle. If you are someone who is planning to buy an electric vehicle, then this article is exactly for you and before you a new electric vehicle you must go through with this top and helping tips or guides. Things to know before buying an electric vehicle.

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Teslarati

JANUARY 14, 2023

The Tesla Model 3 has become cheaper to buy than ever before, thanks to a recent price cut and inflation over the past four years. But now, thanks to a recent Tesla price cut and elevated inflation in the United States over the past four years, the Tesla Model 3 is cheaper to buy than ever.

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The Truth About Cars

JULY 12, 2023

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

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Baua Electric

MAY 20, 2024

The drop in tax credit availability for many models likely hasn’t helped, either. They might potentially benefit the most from them in ownership costs, but with lower gas prices and increased charging anxiety, those who drive the most daily miles are shying away from EVs, according to J.D. 2024 Volkswagen ID.4

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Teslarati

OCTOBER 5, 2022

The state of EV adoption is relatively healthy, with more Americans buying EVs than ever despite increased costs and extended wait times for delivery. Automakers across the EV manufacturing industry have been forced to adjust prices and vehicle lineups due to the increased cost of materials and supply chain deals.

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Baua Electric

JANUARY 6, 2024

Which EVs made the tax-credit shortlist in 2024? The Kia EV9 is Green Car Reports’ Best Car To Buy 2024. Among its many winning assets: It fits the form that American households seek in a family vehicle, without the luxury price tag, and it’s at the leading edge in all aspects of charging. Which company faced a $1.7

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Teslarati

NOVEMBER 9, 2023

However, there are still plenty of car buyers who have no intentions of buying an EV, and price is still a big issue for people moving forward, although they have come down substantially. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com. I’d love to hear from you!

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Teslarati

DECEMBER 7, 2021

The idea, while it would eliminate potentially $12,500 from an EV’s price tag (if it’s built in a Union facility in the United States with a U.S.-produced Instead, let the consumer buy what they want, for the price they can afford, at a time when they can afford it.

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Baua Electric

JANUARY 10, 2024

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. In the US, there’s $4,000 tax credit for used EVs. Electrek’s Take Now, I think you should take a close look at these cars before buying them. They do tend to get pretty beat up.

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Clean Fleet Report

MARCH 2, 2023

News: 2023 Genesis Electrified GV70 AWD First Genesis Built in the U.S. The 3,800 team members, as Hyundai calls them, are building the all-new 2023 Genesis Electrified GV70 that joins electric models of the GV60 EV and the Electrified G80 , both of which are assembled in South Korea. The Electrified GV70 comes in two trim levels.

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Teslarati

DECEMBER 14, 2022

Certainly, when gas prices go above four or five dollars a gallon, it’s undeniable. ” Scott noted that one could drive the same amount of miles for around one-eighth the price. He also noted that many people are holding off on buying an EV because of the Inflation Reduction Act and tax credits.

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Baua Electric

JANUARY 16, 2024

But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. So it appears that the company wants to stay very competitive on price. Hyundai already gave the Ioniq 6 a $4,100 price cut for 2024 , versus 2023. and starts at $40,380 including destination.

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Clean Fleet Report

JUNE 15, 2021

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Constant price fluctuations power the fuel market. You can now purchase an electric vehicle at a fair price due to the existing tax credits. Some of the New EV Choices.

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