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The Chevy Equinox EV is now available to finance at 0% APR with up to $8,500 in savings. At that rate, its even cheaper to finance than the gas-powered model right now. Through March 3, Chevy is offering 0% financing for 60 months on 2024 Equinox EV models. This is the lowest rate since the electric SUV hit the market.
Budget models like the Chevrolet Bolt EV, SUV crossovers like the Equinox Blazer EV, electric versions of popular legacy models like the Blazer EV, and high-performance trucks like the Silverado EV make up what is becoming an impressive lineup of all-electric options. Federal, State, and Local EV Incentives Federal Tax Credit.
This is an even worse deal than the Silverado, which I reported on yesterday. Like the Silverado, the Sierra has no other financing incentives or rebates, and it doesn’t qualify for the $7,500 federal tax credit because it exceeds the $80,000 MSRP cap. less per month.
In addition to the Chevy Bolt EV, considered the top-rated electric vehicle right now according to Edmunds, and its slightly more spacious cousin, the Bolt EUV, Chevrolet plans on releasing more electric options in 2023 and 2024, including the Chevrolet Silverado EV, Chevrolet Equinox EV, and Chevrolet Blazer EV.
Chevrolet Silverado EV Release Date: Spring 2023 Starting Price: Est. $52,000 Another exciting release for Chevrolet, the Silverado EV, provides an array of capabilities that traditional truck enthusiasts will love. Every one of them qualifies for the federal EV tax credit outlined in the Inflation Reduction Act of 2022.
This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.
If that sounds like you, and youve been waiting for the interest rates on auto loans to drop, youre in luck: there are a bunch of great plug-in cars you can buy with 0% financing this February! All of Chevys EVs Chevy Silverado EV, Equinox EV, and Blazer EV at a Tesla Supercharger; via GM. Update 09FEB25 : added some fresh 0% deals.
If that sounds like you, and youve been waiting for the interest rates on auto loans to drop, youre in luck: there are a bunch of great plug-in cars you can buy with 0% financing this February! All of Chevys EVs Chevy Silverado EV, Equinox EV, and Blazer EV at a Tesla Supercharger; via GM. Too opinion based. Cheapest EVs.?
Government Policies and Incentives Impact of subsidies and tax incentives : Government incentives, such as the $7,500 federal tax credit in the U.S., The role of financing options and leasing in making EVs more affordable : Financing options and leasing programs are also helping to make EVs more affordable for consumers.
Engineering proptypes enjoy a tax break. Companies can not sell engineering prototypes in which the company got R&D tax breaks in developing the product. Posted by: Joe | Apr 13, 2009 11:27:11 PM The government gets no tax money on electric vehicles. We are addicted to the gasoline tax both at the State and Federal level.
We dont want to sound alarmist, but it sure looks like President-elect Donald Trump and his billionaire buddies are plotting to kill federal EV tax credits somewhat sooner than later and the tariffs theyre promising arent going to make cars cheaper anytime soon, either. Best EVs to park under a Christmas tree.? Too opinion based.
We don’t want to sound alarmist, but it sure looks like President-elect Donald Trump and his billionaire buddies are plotting to kill federal EV tax credits somewhat sooner than later – and the tariffs they’re promising aren’t going to make cars cheaper anytime soon, either. Best EVs to park under a Christmas tree.?” Too opinion based.
Automakers are already preparing for the federal government stop electric vehicle tax incentives, lobbying for a gradual phaseout rather than an abrupt end, Bloomberg reported Tuesday. The IRA, with its manufacturing incentives and tax credits, was predicted to double EV sales by 2030 vs. the previous forecast.
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