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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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82% of BEVs & PHEVs Available in the US in 2022 Have a Base MSRP of $40,000+

EV Adoption

Out of 82 BEVs and PHEVs that are either currently available for sale in the US, or expected to be so by the end of 2022, 67 of them, or 81.7%, have a base manufacturer’s suggested retail price (MSRP) higher than $39,999, according to new analysis from EVAdoption. Fifteen or 18.3% have a base MSRP below $40,000 and 31 or 37.8%

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Tesla China’s stellar June results help disperse doubts in EV sector

Teslarati

While the overall car sales to dealers are projected to decline by 5.9% ” The CPCA expects shipments of NEVs to dealers in June are estimated to have risen to 740,000 units. Preferential low interest rates were made available for certain car loans as well. The favorable conditions in the market are not exclusive to Tesla.

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GM hints at an affordable Chevy Camaro EV: A $35,000 real electric pony car?

Baua Electric

With the $7,500 EV tax credit included, prices could fall to as low as $27,500. In comparison, the sixth-gen Camaro started at just over $30,000. Although the cheapest model (2LT) starts at $43,295, GM says the $34,995 (1LT) version will be available later this year. FTC: We use income earning auto affiliate links.

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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. One development that could positively or negatively affect sales of the 4xe later in 2022 is if Congress passes changes to the federal EV tax credit.

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Road Test: 2024 Nissan Leaf SV Plus EV

Clean Fleet Report

Many CCS chargers have CHAdeMO plugs available and there are adapters as well, but finding public fast-charging will be more of a challenge than with competitive vehicles. Contact your tax advisor before considering a Leaf purchase so you are completely clear on the tax credits and rebates.

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Legacy Automakers and the Tesla EV Narrative

EV Adoption

And if you subtract the $7,500 federal EV tax credit available for the ID.4, 4 Pro is available for ~$17,500 lower than the Model Y with its 76 more miles of range. The reality is most potential EV buyers have done their research in advance of visiting a dealer and have an idea if an EV is right for them.

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