2000 Dealers Tax Tax Credit 
Baua Electric
FEBRUARY 25, 2024
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. For whatever reason, all EVs get the full $7500 applied to leases, however.
EV Life
MAY 5, 2023
This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.
Electric Auto Association
APRIL 1, 2021
An early adopter Sinclair’s first venture into the world of clean energy vehicles came in the early 2000’s when she and her husband purchased a Ford Escape Hybrid, a car they still own today. Not enough women know about the tax credits and they’re not as aware as they should be of the significant savings in operating costs.
Cars That Think
OCTOBER 26, 2021
There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. It might be 50 percent if you compare it to the absolute base stripped-down RAV4 that no dealer actually has.
Cars That Think
OCTOBER 26, 2021
There are also, incidentally, income tax credits at the federal and state levels for installation of EV charging equipment. It doesn't cover the whole thing, but you do get a chunk of it back as a tax credit. It might be 50 percent if you compare it to the absolute base stripped-down RAV4 that no dealer actually has.
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