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How to Save Big on a Tesla with Colorado’s New EV Tax Credit

EV Life

With climate change awareness increasing, gas prices continuing to climb, EV charging stations expanding, and tons of new EV options hitting the market each year, it’s no surprise that electric vehicle purchases are skyrocketing. This is great news for Tesla fans, as many Tesla models qualify for the credit.

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

EV Life

However, in California, as gas prices have soared and EV technology has continued to improve, we’ve started to see larger fuel savings on the back end, greater accessibility to charging stations, and a jump in electric vehicle popularity. Any unused funds are not available as a refund or to be used on the following year’s taxes.

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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

We’ll also explore the best ways to save money on the purchase of a Bolt EUV by taking advantage of available EV incentives with an EV Climate Loan through EV Life. Storage Space and Charging The five-passenger Bolt EUV is longer, wider, and taller than the original Bolt EV hatchback and offers 16.3 cubic feet of storage space.

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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

We’ll also show you how to save a ton of money by financing your purchase through EV Life. Basic models are pretty stripped down, but the 2LT, 3LT, and RS trims provide a number of luxury features, including heated and powered seats, a heated steering wheel, large sunroof, hands-free tailgate, dual-zone climate control, and more.

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Electric Vehicle Spotlight: Financing a Volkswagen ID.4

EV Life

4 to its plant in Chattanooga, Tennessee, which allowed the popular SUV to join the ranks of EVs that qualify for the $7,500 federal tax credit. 4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. In 2023, Volkswagen moved its production of the ID.4

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Electric Vehicle Spotlight: Financing Rivian R1S

EV Life

This article will explore the Rivian R1S, examining its available models and premium features and showcasing how financing the R1S through EV Life can save you both time and money. Rivian offers premium amenities and features in the RS1, including advanced climate control, high-quality audio systems, and other comfort-enhancing technologies.

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EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

This new CalSEED grant will fund the development of an EV Climate Loan platform. EV Life’s Climate Loan aims to lower the monthly cost of an EV by up to $200/month. The average California driver qualifies for over $10,000 in EV rebates and tax credits, but incentives can take 12 to 18 months to recoup post-purchase.