The Truth About Cars

AUGUST 23, 2023

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. As Automotive News pointed out, the shift is likely tied to Kia’s electrification ambitions. Kia is now cutting another sub-$20,000 option with its announcement of the Rio’s demise after 2023.

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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. Image: Rivian] Become a& TTAC& insider.

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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.

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Tax Credit Tesla Tax General Motors 87

The Truth About Cars

FEBRUARY 14, 2024

Tesla made news on several occasions last year for cutting prices on the Model 3 sedan, but the automaker appears to have reversed course with the introduction of the car’s 2024 refresh. There are very few electric models anyone could consider affordable, and some are remarkably more expensive than comparable gas models.

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The Truth About Cars

APRIL 5, 2024

The Tesla Model Y, the best-selling EV in the world, is now more affordable than ever as the automaker looks to clear existing inventory with deep discounts. It’s also eligible for federal tax credits, which makes it an even more compelling option. Image: Toyota] Become a& TTAC insider.

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New York Toyota Tax Credit General Motors 110

The Truth About Cars

OCTOBER 27, 2023

billion before taxes and interest, and Ford noted a $4.5 Though more affordable models are allegedly on the horizon, the EV market as a whole is too expensive, preventing many potential buyers from getting behind the wheel. It lost $1.3 billion loss overall. Image: Ford] Become a& TTAC insider.

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Ford F-150 Tax Credit Tax 105

The Truth About Cars

JANUARY 30, 2024

The Volvo EX30 promises to be one of the most affordable new EVs on the market, but it’s not quite ready for primetime. The good news for American buyers is that Volvo should have had time to fix the hiccups before its release here. Software version 1.2 does not yet meet all the requirements necessary to be released.”

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The Truth About Cars

FEBRUARY 9, 2024

tax credits and other supply chain challenges may make that difficult. It’s unclear, perhaps unlikely if we’ll see the 600e, but the market needs smaller, more affordable EVs to sustain itself. The Italian government has pressured Stellantis to localize more production within the country, but competing priorities with U.S.

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The Truth About Cars

MARCH 7, 2024

At the same time, the new car lost tax credit eligibility and its place as a compelling, affordable EV as a result. While it’s still less expensive than many competitors, the new Performance almost certainly won’t be cheap. Image: Tesla] Become a& TTAC insider.

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South Korea Tesla Tax Credit Cheap 110

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.

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The Truth About Cars

JUNE 20, 2023

The free Supercharging offer could be worth thousands, though it’s not like these discounts are making either EV particularly affordable. The good news for the automaker is that the Model 3 and Model Y both qualify for federal EV tax credits, making their far lower prices even more reasonable.

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The Truth About Cars

OCTOBER 20, 2023

Lucid’s vehicles are noteworthy but far from affordable, leaving the company with a bit of a demand problem. The Air is too expensive to qualify for government tax credits, and other automakers are closing in on its performance and range, sometimes at lower price points. & [Image: Lucid] Become a& TTAC insider.

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The Truth About Cars

JULY 25, 2023

With incentives and tax credits, the final price could be much lower than that, making it the most affordable new EV on sale now. Get the latest& news, features, TTAC takes, and everything else that gets to the truth about cars first by & subscribing to our& newsletter.

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Tax Credit Power Powered General Motors 96

The Truth About Cars

MAY 23, 2023

That number becomes even more appealing after government tax credits, which cut another $3,750 off the price, making the Model 3 a compelling EV.& & Price cuts have made the Model 3 more affordable for leasing, too, as the car is now around $384 per month. Image: Tesla] Become a& TTAC insider.

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Tax Credit Tesla Cheap Price 98

The Truth About Cars

MAY 17, 2024

In related news, Ford CEO Jim Farley recently hinted that there’s a Mustang sedan under consideration — noting that the nameplate would hopefully play host to a V8 powertrain for as long as possible. The Camaro news is more speculative, resulting from an interview Mark Reuss had with MotorTrend about the future of the model.

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The Truth About Cars

JUNE 30, 2023

“Electrification, we’re all eager for it,” Perry Itzcovitch, dealer principal of Mercedes-Benz Downtown in Calgary, told Automotive News Canada. Many just can’t afford electric vehicles.” A base Mercedes-Benz GLA 250 starts at $37,500 before factoring in taxes and fees. But people are value-conscious.

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The Truth About Cars

JUNE 3, 2024

Unfortunately, this has left many with product lineups overloaded with models loads of households can no longer afford. Interestingly, making vehicles more fuel efficient also gradually lowers the amount of fuel taxes collected due to the fact that drivers would be spending less money at the pump.

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Auto Dealers Tax Fuel Tax 59

The Truth About Cars

JUNE 2, 2023

V8 engine has been the F-150’s volume seller, but that hasn’t stopped some gearheads deep within the skunkworks of Ford Performance from coming up with a relatively affordable supercharger kit for the mill – one which cranks the wick to 700 horsepower. It’s been ages since the venerable 5.0L This means one can spec a 5.0L

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The Truth About Cars

FEBRUARY 1, 2024

A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. Others likewise said that it should be the market driving EV sales, not pressure from the government.&

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Dealers Auto Durango Tax Credit 105

The Truth About Cars

SEPTEMBER 19, 2023

Our nickel’s worth of free advice is to study the pickup’s window sticker as thoroughly as one would examine tax forms. PowerBoost hybrid engine simply for the stunningly affordable ($750) 7.2kW generator in its bed. That way, you won’t accidentally drive off in an F-150 which can’t tow the family RV thanks to the wrong rear-end gear.

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F-150 Ford Building Price 105

Blink Charging

DECEMBER 19, 2023

As we approach the end of 2023, we want to acknowledge significant industry news and the remarkable accomplishments of Blink Charging throughout this year. New Leadership Changes and Team Promotions While we may be biased, we are proud to say that Blink has the best leadership team found anywhere.

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Tax Credit Puerto Rico North America Tax 52

The Truth About Cars

AUGUST 31, 2023

According to Automotive News , experts are increasingly worried about the results of these kinds of studies. From Automotive News : "It's a vicious cycle," said Sam Abuelsamid, e-mobility analyst at Guidehouse Insights. "If years) and automakers continue culling the smallest and most affordable models from the lineup.

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The Truth About Cars

SEPTEMBER 5, 2023

Power’s vice president for electric vehicle practice, told Automotive News that cost incentives and local policies can likewise play a massive role. From Automotive News : Six of the top states J.D. That's why Tesla reducing pricing to gain market share is so critical and is pulling that affordability score up," she said.

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The Truth About Cars

SEPTEMBER 22, 2023

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. 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.

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My Energi

NOVEMBER 10, 2023

While you may expect this investment to hit your finances hard, in reality EVs are far more affordable than the anti-electrification crowd would have you believe. After all, according to the latest stats from the Finance & Leasing Association (FLA), more than 90% of all new cars are now bought on finance. 4] Is the additional £3.71

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Petrol Financing Diesel All-Electric 52

Plug In Partners

MAY 7, 2007

P erhaps the most important milestone in developing Plug in Hybrids is the availability of an affordable, practical, and powerful battery pack. snip At an initial 40 mile module installed price of $10,000 supported with a $3500 tax credit , the payback period for a fleet owner with $3.00/gallon gallon gas is 2.5

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ZENN Lithium Ion Tax Credit 2007 100

The Truth About Cars

FEBRUARY 12, 2024

While we’ve seen some staggering high prices being entertained for EVs in need of a new battery pack this has to be one of more egregious examples on record. After taxes, that amounted to $71,208 and that’s before anyone bothered to factor in labor. An "affordable" battery swap may still be $10,000 several years from now.

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Tony Karrer Delicious EVdriven

APRIL 21, 2009

Sure, if you need to make lots of long trips in a car, and can only afford to have one car, then probably a Tesla’s not for you. I understand that with new technology the price is often hi but come on. Where is affordable. Got a hot tip on breaking green news, or a suggestion for areas of coverage?

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The Truth About Cars

AUGUST 10, 2023

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. However, government incentives (EV tax credits) have made them more attractive in the general sense.

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Green Car Congress

AUGUST 30, 2009

GM expects HCCI, when combined with enabling technologies like variable valve actuation and advanced electronic engine controls, to provide a 12-15% improvement in overall fuel economy while being more affordable than hybrid or diesel technologies. Earlier post.). GM runs the risk of tarnishing its own halo.

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Tony Karrer Delicious EVdriven

APRIL 21, 2009

Today youd do it to be one of the first to drive the worlds cleanest extended range vehicle; in the future, youll do it because its an obvious and affordable win! PITCH: If you support our goals, you could support CalCars with a tax-deductible donation in any amount by credit card, check, PayPal or Google Checkout. $25

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The Truth About Cars

JUNE 7, 2023

Despite all-electric vehicles being heralded as environmentally sound solutions that would kick down the door to affordable mobility, there haven’t been a lot of good examples hitting the market recently. Most models are aimed at the affluent, resulting in 9,000-pound behemoths with six-figure price tags.

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The Truth About Cars

FEBRUARY 7, 2024

With New York City having decided to embrace European-style congestion charging as local residents express their displeasure, it might be wise to take time to look at other roadway initiatives that might soon migrate across the Atlantic to see how they’re fairing. Upper classes can easily afford the kind of fines London has been spinning up.

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Emissions London New York City New York 119

Tony Karrer Delicious EVdriven

APRIL 19, 2009

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Hybrid i-MiEV 2009 New York 30

Cars That Think

OCTOBER 26, 2021

New DC fast-charging stations are being built at a fairly fast clip. Although there is a thought that news out of D.C., But the difference is that only a minority of Americans today can afford to buy a new car. A lot of people haven't appreciated how expensive new vehicles have gotten. So that's what it takes.

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Electric Vehicles Charging Vehicles Electric 93

Cars That Think

OCTOBER 26, 2021

New DC fast-charging stations are being built at a fairly fast clip. Although there is a thought that news out of D.C., But the difference is that only a minority of Americans today can afford to buy a new car. A lot of people haven't appreciated how expensive new vehicles have gotten. So that's what it takes.

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Electric Vehicles Charging Vehicles Electric 91

The Truth About Cars

APRIL 12, 2023

New vehicle pricing is already higher than most people can afford and unfettered government spending has weakened the dollar. But who is going to give a s**t when they don’t have jobs and can’t afford the resulting products? But the public seems to be losing its appetite for the premise. I’m not bashing EVs.

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EPA Light Emissions Vehicles 105