The Truth About Cars

MAY 14, 2025

I will admit to being skeptical about Slate Autos affordable EVs. The upstart automaker reached the 100,000 mark last weekend, as buyers line up for one of its sub-$20,000 (after tax credits) vehicles. We are excited for what the future holds.

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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.

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The Truth About Cars

JUNE 26, 2024

Several automakers have promised affordable EVs, but so far, none have truly delivered. The car’s starting price is expected to come in at under $35,000, which would make it one of the most affordable electric models in the U.S., EV tax credits, but Kia has begun production of the EV9 in Georgia, and Hyundai will follow suit soon.

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The Truth About Cars

APRIL 28, 2025

A subset of America has been asking for simple and affordable vehicles using less tech for years. Its also only cheap when you take into consideration the EV tax credits and heniously bloated MSRP of other modern vehicles which will admittedly come better equipped than the Slate pickup. Were unlikely to get the model here due to U.S.

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The Truth About Cars

MAY 22, 2025

The Chevrolet Silverado EV is becoming more affordable for 2026 and will introduce a new Trail Boss trim, expanding the model line to three options. While it remains expensive, the new options cut the starting price below $55,000 for the base Work Truck (WT) configuration, and some are eligible for federal tax credits.

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Baua Electric

JANUARY 27, 2025

But the state is also going about it in a unique way, by using funding raised from its emissions taxes. Thats right, a new $5 million budget earmarked for electric bicycle rebates in the state is being funded by the states emissions taxes as part of the Climate Commitment Act, which received a groundswell of support among voters in the state.

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EV Connect

SEPTEMBER 11, 2023

In this blog post, we will provide an overview of these incentives, including eligibility requirements and application procedures. We will also discuss the advantages of transitioning to electric vehicles and how these incentives can make the switch more affordable.

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The Truth About Cars

OCTOBER 4, 2024

It took Tesla a few years to get the Cybertruck out the door, but when it did, the long-promised affordable models weren’t part of the deal. That’s changing , though only slightly, as the automaker has opened the order books for a more “affordable” Cybertruck variant starting at around $80,000.

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The Truth About Cars

FEBRUARY 12, 2024

Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model. Tesla also lists the post-tax credit prices, which can be applied at the point of sale starting this year.

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The Truth About Cars

AUGUST 26, 2024

The rules around federal EV tax credits changed at the beginning of this year, making it more difficult for vehicles to qualify. TransUnion’s executive vice president and head of financial services, Jason Laky, said, “Consumers are once again returning to leasing as an attractive and affordable alternative to financing new vehicles.

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The Truth About Cars

MARCH 8, 2024

4 range, it remains the only European EV that qualifies for federal tax credits in the United States. Even the more expensive configurations are more affordable than many competitive EVs, but it’s important to note that VW hasn’t released 2024 pricing yet. 4 one of the most affordable EVs on sale today.

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The Truth About Cars

NOVEMBER 8, 2024

The Cybertruck has never been as cheap as Tesla originally promised, but the new lease deals at least open the door to federal tax credits. While a $999 lease is far from affordable for most buyers, it should help Tesla goose demand for the truck while it works toward releasing the now-promised $60,000 variant sometime in 2025.

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The Truth About Cars

APRIL 16, 2024

In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3. It's important to note that Kia hasn’t confirmed the EV3 for American buyers, but it’s hard to imagine that an affordable electric model wouldn’t at least cover its costs here, even without federal tax credits.

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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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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.

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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. Kia currently builds the EV6 in South Korea and needs a North American manufacturing location for its vehicles to qualify for federal tax credits. Though disappointing, the move isn’t a surprise.

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Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

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The Truth About Cars

SEPTEMBER 11, 2024

Jeep plans to manufacture the Wagoneer S in Mexico, opening it to federal tax credit eligibility, helping put a dent in its almost $72,000 starting price. The automaker has rebounded, seeing a modest improvement in August, but Jeep can’t afford to fumble the rollout of such an impactful vehicle. Images: Jeep] Become a TTAC insider.

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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.

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The Truth About Cars

OCTOBER 22, 2024

Due to the fact that fewer Americans can afford to buy property these days, many households are ultimately putting more of their monthly budget toward lodging. Buying a house costs more upfront and incurs property taxes.

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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.

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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

FEBRUARY 14, 2024

At the same time, the updated Model 3 is ineligible for federal tax credits, though that could change as Tesla gets its arms around the production of the new car. There are very few electric models anyone could consider affordable, and some are remarkably more expensive than comparable gas models.

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EV Connect

JUNE 25, 2024

Because they have 90% fewer moving parts than internal combustion engine vehicles, BEVs are the most fuel-efficient and affordable vehicles to maintain of all. Some electric vehicles even qualify for federal tax credits, worth up to $7,500, but these depend on satisfying critical mineral and battery component criteria. market today.

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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

MAY 24, 2024

Now, the automaker is offering a zero-percent APR for qualified customers, making the vehicle even more affordable. A zero-percent interest rate will likely improve its fortunes, though it’s not eligible for federal tax credits as of the time of this article.

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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

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. As these things typically go with Tesla, the automaker will likely sell all the Model 3 Performance units it can build.

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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. after Volvo gets the EX90 rolling at its South Carolina factory, which will open at least partial EV tax credit eligibility for both models. Software version 1.2 Production will begin in the U.S.

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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.

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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. Where is affordable. With this price I can buy a nice used C200 class Mercedes and still have money to afford Gas……uuuuuugh. Please wake up…… — Anthony 20.

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The Truth About Cars

AUGUST 13, 2024

In fact, the base front-drive Kicks S bears an MSRP of just $21,830 plus fees and taxes, making it affordable to wide swaths of new car shoppers. Adding all-wheel drive to this trim is a $1,500 proposition. Meanwhile, the SV trim, generally the volume leader in Nissan showrooms thanks to niceties like a 12.3-inch

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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. Image: Tesla] 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. .& While yet another cookie-cutter electric car might not sound that exciting, the Bolt is a breath of fresh air in an EV market that increasingly seems targeted only at the rich.

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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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Creative Greenius

JULY 25, 2009

Maybe if we’re lucky, NPR and PBS will pick up on this story after they read this blog piece (how nice for them that someone has done the reporting legwork for free). There was no reporter in the room last month, and there’s been no media coverage of this meeting.

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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.). But further reading on the site pointed out issues with relying on the web.

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