The Truth About Cars

MARCH 6, 2024

Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. That said, BMW’s EVs are not cheap, so the incentives should be a welcome move for hopeful buyers. Ford Mustang Mach-E and VW ID.4 4 owners can also take advantage of the deal.

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BMW Tax Credit General Motors Tax 81

EV Central

AUGUST 16, 2022

And the sixth model from Polestar – effectively an EV spin-off of Volvo – will not be cheap. At today’s exchange rate – and taking into account the 33 per cent luxury car tax – the Polestar 6 LA Concept is likely to kick off at close to $500,000. The Polestar 6 brings the O2 concept to reality … but not until 2026.

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Los Angeles Concept Porsche Volvo 86

EV Central

JANUARY 6, 2024

At that price it just sneaks in under the government’s FBT exemption, which allows for electric cars below $89,332 to pay no fringe benefits tax when purchased via a novated lease. None of which will be cheap, the Polestar 3 is priced from $132,900 before on-roads. Sharing its architecture with the Volkswagen ID.3

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Australia BYD Chery Volvo 94

Cars That Think

JANUARY 23, 2023

EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range. Total cost of ownership of EVs is generally less than an ICE vehicle over its expected life since they have lower maintenance costs and electricity is less expensive per mile than gasoline, and tax incentives and rebates help a lot as well.

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Buy GM Range Purchase 81