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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

Great news for drivers looking to purchase an electric vehicle in Colorado! On May 11, 2023, Colorado Governor Jared Polis signed House Bill 23-1272 into law. With the upcoming changes being put in place by the new law, Colorado will have the highest state EV tax credit in the country.

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Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

Green Car Congress

In 2021, Colorado's Lightning eMotors is introducing a new Generation 4 model of its popular Lightning Electric Transit Van. The Lightning Electric Transit Van is available for order now, with deliveries starting in the second quarter of 2021. The Class 3 van supports wheelchair lifts, custom floor rails, and custom bus doors.

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Junkyard Find: 2004 Mitsubishi Diamante LS

The Truth About Cars

There was a time when Mitsubishi dealers in North America offered just about every kind of car and light truck for sale. Just about every reviewer laughs at the current Mirage (I think it's a perfectly serviceable little car for the price) and the Outlander is all about easy financing. Images: The Author] Become a& TTAC insider.

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The EV Tax Credit: Buy Now or Wait Until 2024?

EV Life

Dealers must register with the IRS to be eligible to offer the credit at the point of sale. EV Life will help determine your eligibility and apply for every federal, state, and local program available to you, pre-approving the dollar amount you qualify for. Here’s how it works: Find your savings.

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

EV Life

However, dealers are much less likely to educate you about the fine print that may prevent you from accessing the full $7500 credit. Watch out for car dealers who use phrases like ‘we guarantee you can get you the full $7500 tax credit.’ Finance your EV for less. How our EV Climate Loan works: Pre-qualify in minutes.

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

On the one hand, the (up to) $7,500 tax credit is now available right away at the point of sale, eliminating the wait time and allowing drivers to apply their savings directly to the purchase of their vehicle at the dealership—which is great for consumers. Which Electric Vehicles Still Qualify for the Tax Credit? One low payment.

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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. and SK Energy.