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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

Electric vehicles are becoming more and more common on the roads across the country. With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing.

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Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). Elimination of the Manufacturer 200,000 EVs Sold Phaseout Threshold.

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How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

That’s why it’s no surprise that the high sticker price of many electric vehicles, particularly Tesla models, has long been one of the main deterrents for people looking to buy a new car, truck, or SUV. Tesla’s electric vehicles are by far the most popular EVs in the country. Which brings us to Tesla.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

The Treasury Department just released new guidance that will enable consumers to use their $7500 EV tax credits more like an upfront rebate starting in January 2024. However, new vehicle requirements are also taking effect that raise questions about which vehicles will still qualify for tax credits in the new year.

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What You Should Know About Tesla Financing 

EV Life

Despite many legacy brand automakers jumping into the EV space and releasing new electric models, Tesla continues to dominate the electric car market. So, if you’re like most potential Tesla buyers, you will probably look to finance your Tesla purchase with a loan rather than pay the sticker price upfront.

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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

Release Date: Fall 2023 Starting Price: $30,000 Chevrolet has become a pioneer in the electric vehicle market. Building on the success of the popular and affordable Bolt EV and Bolt EUV , the automaker has continued to expand its electric offerings to include EV versions of several of its most popular models.