Affordable Blog Buy Tax Credit 
The Truth About Cars
MARCH 7, 2024
The Nissan Leaf was already the most affordable EV on sale, but recent changes have made it even cheaper. The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. has a free-trade agreement.
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.
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.
The Truth About Cars
DECEMBER 28, 2023
EVs are entirely too expensive, and tax credit rules are confusing, making it difficult for the general car-buying public to afford an electric car and then understand how it impacts them financially going forward. Image: Iryna Imago via Shutterstock] Become a& TTAC insider.
The Truth About Cars
FEBRUARY 1, 2024
About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges. Luxury-minded electrics are simply too expensive for most people to afford and the more pedestrian models have been seen in the news for battery fires and botched product launches.
The Truth About Cars
SEPTEMBER 22, 2023
Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. That makes the $33,550 (before any federal tax credits or state incentives) Kona Electric the most affordable way to take advantage of the deal. Sunak is simply delaying things on those grounds.
Blink Charging
SEPTEMBER 1, 2023
Statistics show that “Americans buy more than twice as many cars used as new,” which means that as the EV market matures, more used EVs originally bought by early adopters are making their way to a new demographic of car owners. Now can buy a used EV and get used to it without having to commit to the higher price point.
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