The Truth About Cars

JANUARY 21, 2025

The Honda Prologue has been selling like hotcakes, thanks to aggressive incentives and the federal EV tax credit. Other incentives have to apply to reduce the price to the sub-$300 level, including a $4,000 loyalty or conquest bonus. The ZDX shares most of its design with the Honda Prologue, and both are built by GM.

Acura 106

Acura Los Angeles Tax Credit Honda 106

The Truth About Cars

FEBRUARY 12, 2024

Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model. That pushes the lease price down to $379 to start, and the down payment is at just $2,500.

Price 109

Price Tax Credit Tesla Tax 109

Blink Charging

FEBRUARY 23, 2023

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV tax credit?

Tax Credit 72

Tax Credit Tax Electric Vehicles North America 72

The Truth About Cars

FEBRUARY 14, 2025

The Ioniq 9 starts at around $46,000 in the country, with prices that extend to around $54,500 in the top Calligraphy trim. Hyundai plans to build the Ioniq 9 in the United States, which will help with tax credit eligibility and other trade-related issues, though theres no telling how much longer well see tax credits for new EV purchases.

South Korea 70

South Korea Hyundai Tax Credit United States 70

The Truth About Cars

APRIL 29, 2024

This will come as no surprise to anyone, but Tesla is yet again changing its prices, though this time it’s on a less-than-week-old vehicle. The Model 3 Performance, which only went on sale last week, has already received a $1,000 price bump , making it $53,990 to start. Image: Tesla] Become a& TTAC& insider.

Tax Credit 104

Tax Credit Price Tesla Tax 104

The Truth About Cars

FEBRUARY 14, 2024

Tesla made news on several occasions last year for cutting prices on the Model 3 sedan, but the automaker appears to have reversed course with the introduction of the car’s 2024 refresh. The Model 3 is now the same cost as the Model Y, moving it away from the impressive price point it had for much of last year.

Price 103

Price Range Tax Credit Tesla 103

Blink Charging

NOVEMBER 16, 2023

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. What Is the Clean Vehicle Tax Credit?

Tax Credit 52

Tax Credit Tax Clean Cleaning 52

The Truth About Cars

APRIL 19, 2023

That’s changing, as the automaker has cut prices more than once in 2023, with the latest round of decreases landing this week.& & Tesla cut prices for the base Model 3 by $2,000, bringing it below $40,000, but the Performance model didn’t see a reduction. Pricing for the Model S and Model X did not change.

Tax Credit 98

Tax Credit Tesla Tax United States 98

The Truth About Cars

AUGUST 7, 2024

Launch editions will come with more standard features because the company knows a subset of over-eager buyers will buy them, padding the price somewhat. Subsequent EVs and combustion models featuring the "Six Pack" Hurricane I6 that is designed to supplant the outgoing HEMI V8s will likely feature lower price tags on average.

Dodge 104

Dodge Price Carbon Fiber Tax Credit 104

The Truth About Cars

MAY 4, 2023

Though their electric vehicle lines are among the most compelling new zero-emissions models, Kia and Hyundai’s EVs don’t currently qualify for federal tax credits because of where they’re built. Both are working toward bringing EV production to the U.S., Both are working toward bringing EV production to the U.S.,

Tax Credit 52

Tax Credit Kia Tax South Korea 52

Blink Charging

FEBRUARY 15, 2024

A couple of federal funding programs that pertain to truck stops and roadside convenience stores are: Alternative Fuel Vehicle Refueling Property Tax Credit National Electric Vehicle Infrastructure Formula Program (NEVI). Or you can choose hybrid pricing that utilizes both types.

Store 104

Store Installation Electric Vehicles Tax Credit 104

The Truth About Cars

OCTOBER 4, 2024

As a note, the roughly $80,000 price is for the non-Foundation AWD models. The reduced starting price could make the truck eligible for the $7,500 federal EV tax credit, but reservation holders did not see any note of such a benefit in the emails.

Tax Credit 113

Tax Credit Tesla Affordable Tax 113

The Truth About Cars

NOVEMBER 8, 2024

Dual-Motor variants can be had for that price on a 36-month lease with $7,500 down. Pricing starts at $79,990 for the AWD variant and $99,990 for the Cyberbeast. The Cybertruck has never been as cheap as Tesla originally promised, but the new lease deals at least open the door to federal tax credits.

Tax Credit 117

Tax Credit Tesla Cheap Tax 117

Blink Charging

APRIL 4, 2023

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

Fleet 92

Fleet Tax Credit Vehicles Tax 92

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.

Tax Credit 94

Tax Credit Tax North America Clean 94

The Truth About Cars

NOVEMBER 1, 2023

Even with government tax credits and other incentives, electric models are out of reach for many buyers, and the seemingly constant pricing fluctuations aren’t helping. The 2RS trim will be the first to land, carrying a starting price of $48,995 with FWD and $52,395 with AWD.

Tax Credit 104

Tax Credit Tax Chevrolet Price 104

The Truth About Cars

DECEMBER 11, 2024

Honda recently added a sweet financing deal and thousands off the SUVs sticker price, which could push sales even higher. Hondas also offering up to $5,000 in dealer cash, which can be combined with the zero-percent offer, and buyers can still get the $7,500 tax credit. Over time, that could add up to thousands in savings.

Honda 113

Honda Tax Credit Financing Dealers 113

The Truth About Cars

NOVEMBER 6, 2023

The report noted that Tesla plans to build a car with a 25,000-Euro starting price, or just shy of $27,000. While the Model 3’s prices have fallen in recent times, the least expensive model in the line is $38,990 before tax credits and local incentives. Image: gofra/Shutterstock.com] Become a& TTAC insider.

Affordable 109

Affordable Building Germany Tax Credit 109

The Truth About Cars

DECEMBER 10, 2024

Pricing for the new car is expected to land at around $30,000 after incentives, but youd be forgiven for wondering how many times weve heard that promise before. That said, its likely what the automaker needs to stay competitive with the flood of Chinese EVs, and it could help buoy sales if the federal EV tax credit goes away.

Affordable 109

Affordable Tax Credit Tesla Cars 109

The Truth About Cars

SEPTEMBER 17, 2024

Pricing for the Charger Daytona starts at $59,995 for the R/T model, which offers 496 horsepower and a 0-60 mph time of 4.7 While they’re not cheap, the Charger Daytona’s pricing is in line with other performance EVs. The Scat Pack variant costs $73,190 to start and delivers 670 horsepower with a 3.3-second second 0-60 mph time.

Dodge 100

Dodge Tax Credit MPH Dealers 100

The Truth About Cars

MAY 24, 2024

Ford cut Mustang Mach-E pricing earlier this year, achieving its intended result of boosting demand for the electric SUV. A zero-percent interest rate will likely improve its fortunes, though it’s not eligible for federal tax credits as of the time of this article.

Ford 104

Ford Tax Credit Kits SUV 104

The Truth About Cars

JUNE 26, 2024

Kia’s now jumping into the fray with the EV4 , a small electric car it promises will land with a reasonable price and widespread availability. The car’s starting price is expected to come in at under $35,000, which would make it one of the most affordable electric models in the U.S., assuming it comes here.

Kia 104

Kia Affordable Tax Credit Georgia 104

The Truth About Cars

MARCH 8, 2024

4 range, it remains the only European EV that qualifies for federal tax credits in the United States. VW started building the SUV in Tennessee and sources batteries from SK On, giving the vehicle full access to the $7,500 credit. Though it’s disappointing that VW didn’t make more substantive changes to the entire ID.4

Tax Credit 104

Tax Credit Tennessee Tax Affordable 104

The Truth About Cars

APRIL 24, 2024

Tesla recently slashed the price of its Full Self-Driving assistance feature, and it now appears the automaker is taking steps to expand its reach to other OEMs. The recently updated Model 3 lost tax credit eligibility in lower configurations, but the fresh Performance variant qualifies.

Tax Credit 86

Tax Credit Tesla Tax General Motors 86

The Truth About Cars

MARCH 6, 2024

While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get. Kia recently announced $5,000 off the brand-new EV9, and General Motors has discounted some of its models that lost federal tax credit eligibility. Image: BMW] Become a& TTAC& insider.

BMW 103

BMW Tax Credit General Motors Tax 103

The Truth About Cars

OCTOBER 27, 2023

Ford said it would delay some of the planned EV investments after seeing less demand and more price pressure than expected. billion before taxes and interest, and Ford noted a $4.5 Ford said consumers are unwilling to pay more for an EV than a comparable internal combustion vehicle, putting significant downward pressure on pricing.

Ford 104

Ford F-150 Tax Credit Tax 104

The Truth About Cars

APRIL 5, 2024

Despite only releasing pricing for the EV in January, CarsDirect reported that Toyota’s lease deal cuts monthly lease payments down to $299 per month for a 36-month lease with $3,999 down. It’s also eligible for federal tax credits, which makes it an even more compelling option.

New York 108

New York Toyota Tax Credit General Motors 108

The Truth About Cars

MAY 23, 2023

Buyers lucky enough to get a new EV from the automaker were flipping their cars for way more than the asking price, and many people overpaid as a result. Tesla started cutting prices earlier this year, making all models more attainable, and now the company has slashed the price of an entry-level Model 3 to below $40,000.

Tax Credit 98

Tax Credit Tesla Cheap Price 98

The Truth About Cars

JANUARY 7, 2025

The cars impressive range and performance arent enough to overcome its stout price tag for many buyers, and it is currently ineligible for federal tax credits, though theres no telling how much longer theyll last. Images: Lucid] Become aTTAC insider.

Tax Credit 109

Tax Credit America Tax California 109

The Truth About Cars

SEPTEMBER 11, 2024

Jeep plans to manufacture the Wagoneer S in Mexico, opening it to federal tax credit eligibility, helping put a dent in its almost $72,000 starting price. The SUV is expected to offer a strong list of specs, including more than 300 miles of range and a 0-60 mph time in the mid-three-second range.

Jeep 104

Jeep Tax Credit Mexico United States 104

The Truth About Cars

SEPTEMBER 14, 2023

& Analysts credit Tesla’s price cuts as driving its success and have noted the automaker’s regaining access to federal tax credits as another significant sales driver. Interestingly, Ford, Hyundai, and Kia all saw slower growth earlier this year, and Ford trailed Chevy for new EV registrations by almost 6,000 units.&

F-150 119

F-150 Tax Credit Silverado Tesla 119

The Truth About Cars

JUNE 20, 2023

For a while, it seemed like Tesla would never stop raising prices, but earlier this year, the numbers started falling. The automaker often offers price cuts and bonuses as it nears the end of a sales quarter to boost numbers. Image: Tesla] Become a& TTAC insider.

Tax Credit 98

Tax Credit Tesla Price Tax 98

Plug In Partners

MAY 7, 2007

snip At an initial 40 mile module installed price of $10,000 supported with a $3500 tax credit , the payback period for a fleet owner with $3.00/gallon P erhaps the most important milestone in developing Plug in Hybrids is the availability of an affordable, practical, and powerful battery pack. gallon gas is 2.5

Lithium Ion 100

Lithium Ion ZENN Tax Credit 2007 100

The Truth About Cars

MAY 3, 2023

Things change quickly at Tesla, including pricing and the models it sells. The Model 3 Performance remains the range-topper, bringing more power, different brakes, and a much higher price tag.& CEO Elon Musk cited the car’s extended wait list as the reason behind its disappearance last August.

Range 98

Range Available Tax Credit Tesla 98

The Truth About Cars

APRIL 23, 2024

At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models. Oh, and you’ll have to trade in a gas vehicle to get the price cut. Of course, discounts don’t usually come without terms attached, and Rivian is no exception.

Gas 109

Gas F-150 Tundra 2018 109

The Truth About Cars

JULY 12, 2023

Part of the issue with some EV models is their sky-high price tags, and the most expensive models aren’t eligible for government tax credits. That said, EV prices are becoming more reasonable, and analysts expect them to reach price parity with gas vehicles by 2025, so these numbers could look very different in a year or two.&

Dealers 98

Dealers Tax Credit Gas-Electric Supplies 98

The Truth About Cars

OCTOBER 20, 2023

The Air is too expensive to qualify for government tax credits, and other automakers are closing in on its performance and range, sometimes at lower price points. While the vehicles might be worth their deep-six-figure price tags, they face an uphill battle against cheaper EVs with comparable performance.&

Auto 104

Auto Tax Credit Production SUV 104