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The Honda Prologue Gets Major Boost with Federal Tax Credit Eligibility

The Truth About Cars

The automaker recently announced that its upcoming Prologue EV would be eligible for federal tax credits of $7,500, meaning buyers can get around 15 percent off the SUV’s purchase price at the point of sale. Tax credits bring the Prologue’s starting price down to $41,295 after a $1,395 destination charge.

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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. With the credit, the Leaf starts in the mid-$25,000 range, extending its lead as the cheapest EV on sale. has a free-trade agreement.

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Notable Updates are Coming to the VW ID.4 for 2024, but Only the More Expensive Models

The Truth About Cars

It also carries over its middling 206-mile range and offers only rear-wheel drive. 4 range, it remains the only European EV that qualifies for federal tax credits in the United States. VW started building the SUV in Tennessee and sources batteries from SK On, giving the vehicle full access to the $7,500 credit.

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Jeep Details the New All-Electric Wagoneer S

The Truth About Cars

Jeep will launch the Wagoneer S at its EV-certified dealerships later this year, with a starting price of $71,995, and it said that the SUV would qualify for federal tax credits. It promises more than 300 miles of range, 600 horsepower, 617 pound-feet of torque, and a 3.4-second second 0-60 mph time.

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Toyota's Already Offering a Huge 2024 bZ4X Lease Discount in New York

The Truth About Cars

As these things tend to go, there’s a strict limit of 10,000 miles per year, but that’s still not a bad deal for a $47,734 EV. It’s also eligible for federal tax credits, which makes it an even more compelling option. Even with that healthy discount, the bZ4X is more expensive than more compelling options in its segment.

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The Chevy Equinox EV Won't Start At $30,000 After All

The Truth About Cars

Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping. The Equinox EV also promises solid specs, with the least costly FWD trim offering a 300-mile driving range. Image: Chevrolet] Become a& TTAC insider.

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The Updated Tesla Model 3 is Available in North America

The Truth About Cars

Pricing for the cars remains the same as last year, but the range for the Long Range model is up to 341 miles, eight better than the previous car. The entry-level rear-drive model’s range stayed flat at 272 miles. That said, there’s no mention of tax credits for the car, though buyers can still get a credit by leasing.