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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. You’ll still have to plop down a $1,000 non-refundable deposit to buy one, and the discounts are applied at the point of sale on the site.

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Hyundai undercuts Tesla Model 3 by $9,300 with 2024 IONIQ 6 special cash offer

Baua Electric

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. That’s to buy, not for a lease like previous deals. It’s essentially like receiving the full EV tax credit with a new purchase. Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. Teaser for 2025 Jeep Wagoneer S Stellantis provided a first look at the 2025 Jeep Wagoneer S electric SUV , confirming Thursday that it’s right on schedule and set to arrive this fall in the U.S., with other markets to follow.

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CalCars and PHEVs Frequently Asked Questions

Tony Karrer Delicious EVdriven

Despite this, a 2003 EPRI study , assuming only $2/gallon gas , zero buying incentives, and a PHEV premium of $3-$5,000 more than standard hybrids, shows that the total lifetime cost of ownership for a PHEV will be lower than that of any other vehicle type -- so the payback will be there. Better yet, make a tax-deductible contribution.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

However," he continued, "If carmakers decide not to take advantage of this offer, AFS Trinity intends to raise the funds to begin modifying existing hybrids or manufacture its own 150 mpg SUVs and, eventually, 250 mpg sedans. People wont buy a full car. Daimler/Mercedes Took over Daimler/Chrysler Sprinter PHEV program.

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