The Truth About Cars

JANUARY 19, 2024

Electric vehicle demand was off the mark across the board last year, with new EVs spending way longer sitting on dealers’ lots than many expected. Even with tax credits for some models, many EVs are significantly more expensive than their gas-powered counterparts.

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F-150 Ford Tax Credit Production 105

Teslarati

JULY 11, 2023

For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. One particular reason behind the lack of sales for vehicles like the GMC Hummer EV SUV and the Hyundai Ioniq 5 may be their ineligibility for the Inflation Reduction Act’s (IRA) federal tax credits.

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Tax Credit Hummer Highlander Tesla 145

Blink Charging

JANUARY 19, 2024

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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Tax Credit Tax North America Clean 94

EV Adoption

JUNE 21, 2022

One of the top hurdles to EV adoption in the US is the often touted issue that EVs simply cost more than similar gas-powered vehicles. Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. Cost Parity?

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Available Tax Credit Tax Dealers 98

Green Car Congress

OCTOBER 11, 2013

The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Base price of a 60 kWh Tesla Model S—without Federal tax incentive, but with destination fee—is $71,070.) gasoline-powered electric generator. 2014 Cadillac ELR. A T-shaped, 16.5

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Cadillac Tax Credit Price Sale 353

Green Car Congress

MAY 20, 2021

Arriving in spring 2022, F-150 Lightning will be available in four series and two battery options at more than 2,300 EV-certified Ford dealers across the country, with the option for fleet customers to access Ford’s complete ecosystem of connected data and telematics services via Ford Commercial Solutions. America’s No.

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F-150 Ford Extended Range Electric 526

Green Car Congress

FEBRUARY 24, 2021

The 2021 Outlander PHEV is available at Mitsubishi dealers now. Starting MSRP remains the same as the 2020 model, just $36,295 before available state and federal tax incentives. The 2021 Outlander PHEV is equipped with a more powerful and efficient 2.4L The 2021 Outlander PHEV is equipped with a more powerful and efficient 2.4L

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PHEV Mitsubishi Batteries Battery 243

Green Car Congress

OCTOBER 29, 2019

While the MINI Cooper SE has an MSRP of $29,900, federal tax credits and state electric vehicle tax credits make the MINI Cooper SE even more attractive. The new MINI Cooper SE will go on sale early March 2020 at MINI dealers across the US.

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2020 Tax Credit MPH Tax 210

Baua Electric

MARCH 25, 2024

Now sales eligible in California, “ Powered by REE” EVs are eligible for huge incentives, with other CARB-friendly states expected to follow suit. At the time, REE shared that the electric chassis cab is eligible for the IRS’ Commercial Clean Vehicle Tax Credit in the US, enabling a tax credit of up to $40,000 per vehicle.

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Tax Credit California Dealers Fleet 52

Green Car Congress

SEPTEMBER 5, 2014

Elements of the agreement include abatements, tax credits, an economic development rate rider, and an agreement on direct sales. Abatements: Up to 100% abatement of Sales Tax until 30 June 2034. Up to 100% abatement of Real Property Tax until 30 June 2024. Up to 100% abatement of Modified Business Tax until 30 June 2024.

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Nevada Tax Credit Tax Tesla 252

Baua Electric

MAY 17, 2024

2024 Chevrolet Camaro ZL1 with Collector’s Edition Package (Source: Chevrolet) Chevy Camaro to live on as an affordable ($35K) EV Reuss recently confirmed the news, telling MotorTrend that the Camaro needs to make a comeback as a real pony car, but with electric power. The Chevy Blazer EV is also eligible for the credit.

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Affordable GM Silverado Tax Credit 52

Green Car Congress

OCTOBER 12, 2014

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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Davis Plug-in Plug Sale 290

Baua Electric

APRIL 29, 2024

But it qualifies for the $7,500 federal EV tax credit, which brings its price down to $43,595, excluding possible state and utility incentives. Ford E-Transit orders can be placed through a Ford dealer. To limit power outages and make your home more resilient, consider going solar with a battery storage system.

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Ford Range Tax Credit Solar 52

Green Car Congress

AUGUST 5, 2015

Purchasing customers may qualify for applicable state and federal incentives and tax credits. Audi expects the PHEV to qualify for a federal tax credit of $4,168. Prices above exclude destination charges ($925), taxes, title, optional equipment, and dealer charges. Dealer sets actual price.

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Audi 2016 PHEV Tax Credit 150

Green Car Congress

APRIL 14, 2015

Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption.

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Chevrolet Maryland Tax Credit Price 150

Green Car Congress

SEPTEMBER 1, 2010

Hawaii is providing a $4,500 state tax credit towards the purchase of an electric vehicle and a $500 state tax credit towards the purchase and installation of a home charging station. This partnership personifies Hawaii’s commitment to a future powered by clean, sustainable sources of energy.

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Hawaii Nissan Tax Credit Honolulu 199

Blink Charging

DECEMBER 19, 2023

Specifically, BlueLA powered by Blink Mobility prioritizes affordable EV car sharing in cities, while Envoy concentrates on offering sharing services as an amenity in apartments, hotels, and workplaces. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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Tax Credit Puerto Rico North America Tax 52

The Truth About Cars

NOVEMBER 21, 2023

Ford’s battery manufacturing is supposed to be done by licensing technology from China’s Contemporary Amperex Technology Co (CATL) and the issue has raised questions about national security and whether or not subsequent Ford products would be eligible for federal tax credits that are now tied to regional content requirements.

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Michigan Ford Batteries Battery 107

Baua Electric

APRIL 10, 2024

Ford limited-edition matte black F-150 Lightning (Source: Ford) According to a new memo sent to dealers, Ford is reversing with new price cuts on 2024 Lightning models. It’s also equipped with Ford’s Tow Tech Package and Power Tailgate. You can use our links below to find deals on Ford EVs at a dealer near you.

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F-150 Ford Price Tax Credit 52

Baua Electric

JANUARY 30, 2024

You can see the brand’s signature Scandinavian touch with a minimalist design and powerful stance. Both are powered by dual electric motors. Polestar partnered with Google to power the infotainment with Android Auto OS. Riding on the same platform as the Volvo EX90 , the Polestar 3 offers up to 300 miles EPA range.

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Purchase South Carolina Sale Tax Credit 52

Green Car Congress

SEPTEMBER 21, 2016

Mirai customers also may qualify for an $8,000 federal tax credit and $5,000 potential California rebate along with access to the California HOV carpool lane. Costs above exclude official fees, taxes and dealer charges. Mirai customers take delivery from one of the eight authorized California dealers of their choosing.

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Toyota 2017 Miles Fuel 150

Blink Charging

FEBRUARY 1, 2024

Paired with renewable energy sources like solar, wind, or other energy sources, facilities can use the BES system to store and harness solar power or as a backup power source by storing energy from the grid. As a result, EV battery retirement will be driven by energy capacity fade rather than by power fade.”

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Energy Storage Energy Batteries Battery 102

Plug in America

JULY 21, 2023

EVs are Better for the Environment Over the course of their lifetimes , EVs generate less than half of the GHG emissions of comparable gasoline-powered vehicles. This includes all of the resources used in manufacturing the vehicle, the battery, and powering the vehicle. In addition, electricity in the U.S.

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Tax Credit Cars Tax Gasoline-Electric 52

Baua Electric

APRIL 23, 2024

Toyota made relatively minor changes for the 2024 model, including a mobile L1/L2 charging cord and standard power liftgate and 8-way power driver’s seat, along with some software changes. In this case, the automaker files for the credit and offers lower lease payments to the customer.

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Toyota Cheap Dealers Tax Credit 52

Baua Electric

MARCH 14, 2024

The Standard range model, powered by a 62 kWh battery, has up to 209 miles range. 4 is powered by a rear electric motor with 201 hp. 4 models will qualify for the full $7,500 EV tax credit. 4s are powered by SK batteries. 4 models on clearance at a dealer near you. With a starting price of $38,995, the ID.4

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Tax Credit Price Miles SUV 52

Green Car Congress

APRIL 29, 2014

Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.

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Mercedes Miles Rhode Island Range 291

Baua Electric

MARCH 27, 2024

7 will be made in Volkswagen’s Emden, Germany, factory, so I can’t see it qualifying for the $7,500 Inflation Reduction Act tax credit, the way the ID.4 7 models come equipped with 19-inch wheels, front and rear illuminated logos, and power-folding side mirrors. Click here to find a local dealer that may have the VW ID.4

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Solar Tax Credit Tennessee Installation 52

Green Car Congress

MARCH 7, 2012

The President also announced a new research Clean Energy Grand Challenge—EV Everywhere—to make electric-powered vehicles as affordable and convenient as gasoline-powered vehicles for the average American family within a decade. Tax credits.

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Alternative Fuels Obama Purchase Tax Credit 240

EV Life

MAY 5, 2023

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. Here’s a step-by-step guide to making an educated decision about electric car tax credits.

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Tax Credit Tax Dealers Personal 52

Green Car Congress

JULY 27, 2010

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. To find a participating Chevrolet Volt dealer, customers are directed to [link].

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Volt Chevrolet Tax Credit Buy 199

Green Car Congress

JUNE 10, 2011

Chevrolet dealers in all 50 states in the US are now taking orders for the 2012 Chevrolet Volt. The suggested retail price for the Volt will start at $39,995 (or $32,495 assuming a full federal tax credit of $7,500, which is subject to the customer’s eligibility).

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Volt Chevrolet 2012 District of Columbia 225

Clean Fleet Report

JUNE 4, 2022

The intention is to make the company’s two electric car offerings more attractive to consumers, especially those that are looking for an affordable alternative to a gasoline-powered car. Same car, less cost. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Bolt EV $26,595 ($32,495).

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Chevrolet Price Tax Credit 2020 95

Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

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Tax Credit Tax PHEV 2018 52

Electric Vehicles India

NOVEMBER 8, 2021

He said the battery-powered cars would not “tow your trailer.”. Also read related article: Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles. However before the last election in 2019, Morrison denied his support for electric vehicles at a press conference in Melbourne.

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Australia Tax Credit Smart Charger Climate Change 84

Green Car Congress

SEPTEMBER 23, 2020

A more powerful, electric all-wheel-drive variant with 302 hp will follow later in 2021. The Statement package adds SiriusXM satellite radio with a three-month trial, an adjustable trunk floor, and a power tailgate with Easy Open & Close. With those credits, the entry price of ID.4 Volkswagen estimates that the ID.4 Production.

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America SUV Electric Electrical 273

Clean Fleet Report

DECEMBER 22, 2023

Those truly in the know have real world knowledge of why a PHEV is the perfect bridge between a gasoline-powered car and one propelled by only electricity. The electric motors can power the car by itself, the gas engine can power the car by itself, or they can power the car together.

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PHEV Toyota Gasoline-Electric Gasoline 69

Baua Electric

FEBRUARY 25, 2024

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. Find Hyundai Ioniq 6 discounts at a dealer near you.

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Hyundai Dealers Los Angeles Tax 52