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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

The Tesla Model 3 Highland was recently launched in North America. Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees.

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Tesla’s cheapest Model 3 with the 2024 tax credit might surprise you

Teslarati

Treasury’s updated guidance on the federal electric vehicle (EV) tax credit has officially taken effect. With some of Tesla’s vehicles losing access to the credit in 2024, one Model 3 configuration is currently looking more appealing than ever. However, sightings of the Model 3 Highland in the U.S.

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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

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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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market.

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Tesla Model X Plaid gets price increase

Teslarati

It does not qualify for federal tax credits under the Inflation Reduction Act (IRA). Tesla Model S and Model X now more affordable with Standard Range variants The Dual-Motor Tesla Model X AWD still starts at $79,990 before options. It qualifies for the $7,500 federal tax credit under the IRA until December 31.

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Tesla confirms new Model 3 Performance configuration is coming

Teslarati

It was the most expensive of the three Model 3 offerings, but it still qualified for the EV Tax Credit. With the rollout of the new Model 3 ‘Highland’ globally, Tesla has not yet finalized a Performance version of the vehicle. Currently, it only offers two variants: the Rear-Wheel-Drive and Long Range.

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Hyundai undercuts Tesla Model 3 by $9,300 with 2024 IONIQ 6 special cash offer

Baua Electric

It’s essentially like receiving the full EV tax credit with a new purchase. The cash offer could bring the IONIQ 6’s MSRP of $38,615 down to just over $30,000 ($31,115) as one of the most affordable EVs on the market. In comparison, the new Tesla Model 3 Highland starts at $40,380 (including destination).

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