Remove Cost Of Remove Dealers Remove SUV Remove Tax Credit
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Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

. “I went to my accounting department and asked what is the cost of selling a car? We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. “When the consumer comes in to see that car, we want that to be separate.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

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The Chevy Equinox EV Won't Start At $30,000 After All

The Truth About Cars

Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping. Frustratingly, the SUV hasn’t even hit dealers’ lots yet, and Chevy’s already cut the originally planned base trim, raising the starting price by more than 10 percent.

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6 Best Electric SUVs and Crossovers (and how they’re changing the cost of driving)

EV Life

Americans are obsessed with SUVs and crossovers, which make up around 40% of all vehicles sold in the U.S. In addition to the mounting costs of gasoline, our love of SUVs is also costing the planet in terms of carbon emitted by sports utility vehicles (compared to more efficient sedans and hybrids.). Let’s face it.

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Lease Buyout Offers Loophole to EV Incentive Restrictions

EV Life

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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Flash Drive: 2024 Acura ZDX Type S

Clean Fleet Report

The Fastest Acura SUV Ever Built The all-new 2024 ZDX is the first electric Acura and, as Quincy Tam, Acura product planner, says, it is “for their customers that are ready to take that next step into electrification.” The 2024 ZDX A-Spec and ZDX Type S are on-sale now at Acura dealers in all 50 states. Go check it out!

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