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

EV Life

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. Watch out for car dealers who use phrases like ‘we guarantee you can get you the full $7500 tax credit.’ Not listed.

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EV Chargers for All!

Cars That Think

For instance, the Minneapolis Star-Tribune reports that one auto dealer just outside the city specializing in used EVs actively discourages renters from buying them unless they have access to at-home chargers because of the unreliability of public chargers. And if they make an EV purchase, they often regret it.