Remove Buy Remove Dealers Remove Florida Remove Tax
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning. ” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. Ford confirmed to CarsDirect that its communication was legitimate.

Ford 98
article thumbnail

Ford charges Mustang Mach-E customer $10k in doc fees, but it was a big misunderstanding

Teslarati

One Mach-E owner was excited to pick up his new EV until a $10,000 addition to the taxes and fees summary, labeled as a “Document Fee,” almost stopped the delivery of the car. u/Gonzotiki said his vehicle was a pre-order, and he was aware of “a Ford exec that said to hit him up if dealers attempted shenanigans.”

Ford 144
article thumbnail

Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

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. For whatever reason, all EVs get the full $7500 applied to leases, however.

Hyundai 52
article thumbnail

How Federal and State Government Incentives Make It Easy to Become an EV Owner

Blink Charging

Federal Incentives for Purchasing an EV Among the federal government’s incentives for drivers, you can find tax breaks for both new and used EVs that are in place until the end of 2032. Beginning in 2024, the consumer clean vehicle tax credits can be available at the point of sale by transferring your credit to the dealership.

article thumbnail

How to Get a Plug-In Hybrid

Tony Karrer Delicious EVdriven

At these prices, people are buying the "environmental feature" -- they want to be among the first owners of the worlds cleanest extended-range vehicles. They are early adopters, buying "Version 1.0" Drivers of converted cars have received high levels of cooperation from dealer service departments so far.

Plug-in 41