The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

Dealers 105

Dealers Auto Durango Tax Credit 105

Baua Electric

JANUARY 23, 2024

January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.

Tax Credit 52

Tax Credit Tax PHEV 2018 52

Clean Fleet Report

JANUARY 20, 2022

If you are the type of conscientious person who never forgets to plug-in your phone every night, and you don’t wander far from home every day, then the 2022 Mazda MX-30 EV may work for you. Mazda says the MX-30’s 100-mile electric driving range is an “ideal companion for daily commuting (and will) meet the needs of most urban residents.”

Mazda 83

Mazda Gasoline-Electric Clean Cleaning 83

EV Adoption

NOVEMBER 26, 2021

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable.

Tax Credit 116

Tax Credit Tax F-150 PHEV 116