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

EV Life

In this article, we’re going to show you how California residents can save over $15,000 on Tesla Model 3 and Model Y by taking advantage of available EV tax credits, rebates, and incentives. Any unused funds are not available as a refund or to be used on the following year’s taxes. Not anymore.

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Personal: One in a Million

Clean Fleet Report

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. The EV’s homes are as might be expected, in the more populous and wealthier pockets of the San Francisco Bay Area and sprawling Los Angeles region stretching down to San Diego. Toyota Prius Prime PHEV – 14,275.

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Tips for purchasing a new EV amid a vehicle shortage

Plug in America

In larger metropolitan areas such as Los Angeles, Atlanta, or Seattle, where EVs are in high demand, prices are higher but have more inventory available than in suburban or rural areas. While EV and PHEV batteries are known to last the life of the vehicle, an older EV with high mileage will have less range than when it was new. .

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Want a Free Chevy Bolt? EV Life Can Help You Use EV Incentives to Save Big

EV Life

What’s more, the Bolt EV is eligible for a variety of federal and state tax credits, rebates, and incentives that can potentially bring the price down to zero for qualifying drivers. Applicants can receive a non-refundable tax credit of up to $7,500. Don’t expect much help from car dealerships.