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EV Tax Credits Are Working—Cutting Them Now Would Be a Costly Mistake

Plug in America

If you already drive an EV, you might wonder, “Why all the fuss about EV tax credits?” Maybe you already took advantage of the federal tax credit or bought your EV without it because you care about tech, climate, or long-term savings. But here’s why those tax credits still matter—and why they’re worth defending.

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Where Your Author Owns a Used BMW Convertible for a Second Year

The Truth About Cars

The 60,000-mile mark on the odometer has rolled past, and among many fun drives on curvy roads additional maintenance items have been resolved. After tax the total was $750.77, plus another $140.12 The independent mechanic could source them for $330 each, but Id found a better price at Bimmerworld, $223 (and no sales tax(!)).

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AAA: Significant Number of Americans Remain Skeptical About EVs

The Truth About Cars

On the other hand, people who were excited about EVs cited high gas prices as the top motivating factor, with concerns for the environment and lower regular maintenance costs close behind. AAA noted that fewer people see an all-electric future than in previous years, and fewer are interested in tax credits and other incentives.

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The Underwater Car Loan Situation Has Become Ridiculous

The Truth About Cars

In many cases, holding onto your current car and staying current on payments and maintenance may be the wisest choice. And as buyers take on new loans with much higher interest rates than those from just a few years ago, even potential tax deductions can't meaningfully offset the thousands more they'll pay in interest.

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Pagani Says Customers Aren't Into Electric Supercars

The Truth About Cars

An occasional spin on the riding lawnmower is likewise the only maintenance you’re likely to see the owners do. Granted, some of the cost was offset by federal tax credits. That’s due to some prejudicial presumptions on my part, albeit not without some evidence.

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

Tax
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Operation and Maintenance of Electric Vehicle Charging Infrastructure

Driivz

This blog explores the costs and processes involved in setting up, operating and maintaining EV charging networks, as well as the revenue models that make EV charging a viable business. While routine charging infrastructure maintenance is typically minimal, repairing broken chargers can be costly if out of warranty.