EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! On May 11, 2023, Colorado Governor Jared Polis signed House Bill 23-1272 into law. In addition, starting January 1, 2024, new electric vehicles priced under $35,000 MSRP will be eligible for an additional $2,500 state tax credit. 4 , and more.

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EV Life

OCTOBER 7, 2023

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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EV Life

OCTOBER 14, 2023

For the Model X, the new base price of $79,990 (down $8,500 from the previous price) means it now qualifies for the federal tax credit of $7,500 outlined by the Inflation Reduction Act of 2022. The federal tax credit has MSRP limits of $55,000 for cars and $80,000 for SUVs and trucks. Colorado Electric Vehicle Tax Credit.

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EV Life

SEPTEMBER 21, 2023

We’ll also show you how to save a ton of money by financing your purchase through EV Life. In addition to the much-publicized federal EV tax credit, there are also a variety of other state and local programs that can help you save money on your new EV. EV Incentive Programs · Federal Tax Credit. Clean Cars 4 All.

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EV Life

MAY 5, 2023

You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.

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EV Life

JANUARY 4, 2024

In this article, we’re going to check out some of the specs, design, and performance of the Tesla Cybertruck and show you how you can save money on one by financing through EV Life. Available EV Incentives Federal Tax Credit. Colorado Electric Vehicle Tax Credit. Clean Vehicle Assistance Program.

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