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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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

EV Life

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. The code references a number of eligible vehicles , including the Tesla Model 3 and Tesla Model Y. Yet, despite record sales, they still seem out of reach for most Californians.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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How to Answer Top EV FAQs This Season at Your Dealership

Blink Charging

It’s a new car-buying season and many new car buyers want to take advantage of the federal government’s electric vehicle tax incentives. To help, we have compiled some of the most common frequently asked questions asked by dealership customers and new EV owners before buying their first EV.

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Starting Jan. 1, it will be easier and cheaper to buy a new or used EV

Plug in America

1, 2024, the New Clean Vehicle Tax Credit (30D) and Used Clean Vehicle Tax Credit (25E) will be available at the time of sale from your local dealer because the tax credit can be transferred to the dealer. You can still get the full amount of the tax credit if you transfer your tax credit to the dealer.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? But it also means that if the base MSRP of an EV is say $78,500 — that after various upgrades, add-ons, and destination charges — an EV costing $90,000 out the door, would still qualify for the tax credit.