EV Life

JUNE 29, 2023

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Teslarati

JANUARY 11, 2024

We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. He plans to attend the National Automobile Dealers Association convention and make a pitch to the auto dealers.

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Baua Electric

JANUARY 3, 2024

You can score a 2023 Chevy Bolt EV for under $20,000 with new IRS rules allowing you to use the tax credit as a down payment. You can buy a Chevy Bolt EV for under $20,000 Rather than waiting until next year’s tax return, you can now use the EV tax credit at the point of sale. But you may want to act fast.

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The Truth About Cars

JULY 12, 2023

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars. Though EV sales seem to be dragging, hybrids and plug-in hybrids are hot commodities.

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EV Life

APRIL 7, 2023

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. The EV tax credit outlined in the Inflation Reduction Act of 2022 is non-refundable, meaning it can only be applied to money you already owe in the tax year you purchase your vehicle.

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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.

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Baua Electric

JUNE 7, 2024

If you drive a Chevy Bolt EV or EUV model, Nissan wants you to buy (or lease) a new LEAF. After regaining access to a part of the federal EV tax credit earlier this year, the LEAF can be bought for as little as $24,390. If you’re looking to upgrade (or buy your first EV), we can help you find the best deals in your area.

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Baua Electric

OCTOBER 22, 2024

Before we get too deep into this new Ford Fleet Order Discount, it’s important to note that the $7,500 Fleet Order Discount is distinct from the Federal $7,500 tax credit. How do Federal tax credits work? That’s a great question! But even that’s not the end of it. FTC: We use income earning auto affiliate links.

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Baua Electric

NOVEMBER 7, 2024

Most people buy used cars and so far, they have been quite limited in their EV options. After projections for a roughly flat year in 2025, the report expects a massive increase in 2026 based on current lease data: The reason for the surge is quite simple.

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Baua Electric

JUNE 25, 2024

Plus, you’re going to save even more in a Model 3 because you won’t have to buy gas. If the 2024 Tesla Model 3 Long Range All Wheel Drive is catching your eye, it’s now more affordable because it’s become eligible for the full $7,500 tax credit. Click here to find a local dealer that may have the Tesla Model 3 in stock.

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Teslarati

JUNE 24, 2022

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.

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EV Life

OCTOBER 21, 2023

The most significant incentive, outlined in the Inflation Reduction Act of 2022 , comes in the form of a $7,500 tax credit for eligible drivers and vehicles. As with most government incentive programs, there are a lot of rules and restrictions regarding who qualifies for the credit. However, there’s a catch.

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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.

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EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Electric Auto Association

FEBRUARY 7, 2023

GM to the rescue “I attended the LA Auto Show and found that the best EV-buying tips came from Chevrolet,” Fellows recalled. Go online, build the car you want, print the price out, and present it to the dealer’ is what they told me.” “It We can’t allow the dealers to pull this on buyers.

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Green Car Reports

DECEMBER 1, 2017

Common wisdom has it that the last few days of any calendar year are the best time to buy a car. Not only are franchised dealers and their salespeople seeking to close out the month with a bang, but it's the end of a year and their allocation of cars next year can depend on how many they sell this year.

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Electric Vehicles India

OCTOBER 13, 2021

Things to know before buying an electric vehicle. If you are someone who is planning to buy an electric vehicle, then this article is exactly for you and before you a new electric vehicle you must go through with this top and helping tips or guides. Read further to know more about things to know before buying an electric vehicle. .

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EV Life

MARCH 7, 2023

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.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. That’s to buy, not for a lease like previous deals. It’s essentially like receiving the full EV tax credit with a new purchase. The Performance version still qualifies for the full $7,500.

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Baua Electric

FEBRUARY 27, 2024

Hyundai initially planned to begin production early next year, but the automaker is plowing ahead with the $7,500 federal tax credit on the line. And that was without its electric models qualifying for the $7,500 EV tax credit (only through a leasing loophole). We can help you find the perfect model at the right price.

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Green Car Congress

OCTOBER 12, 2014

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Green Car Congress

JULY 27, 2010

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. To find a participating Chevrolet Volt dealer, customers are directed to [link].

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Baua Electric

OCTOBER 18, 2024

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. More on that below.

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Baua Electric

AUGUST 16, 2024

Hyundai informed dealers on Friday of the incentive. Unlike past deals, the offer is good when buying a new IONIQ 6 rather than just leasing. The discount helps Hyundai match rivals that qualify for the federal EV tax credit. However, these cannot be combined with the $7,500 Bonus Cash offer on the 2025 IONIQ 6.

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Baua Electric

JANUARY 11, 2024

REE completes first deliveries of P7-C EV This morning, the EV startup shared that demonstration models of its P7-C chassis cab, equipped with REE’s proprietary REEcorner and x-by-wire technology, have begun making their way to its authorized dealer network, starting with Pritchard EV in Iowa. FTC: We use income earning auto affiliate links.

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Blink Charging

OCTOBER 31, 2023

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.

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Baua Electric

JUNE 7, 2024

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US. Are you ready to drive off in a new electric car?

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Baua Electric

MAY 17, 2024

With the $7,500 EV tax credit included, prices could fall to as low as $27,500. Would you buy an electric Camaro? If so, would you buy it for style and features, or performance? The Chevy Blazer EV is also eligible for the credit. You can use our links below to find deals on Chevy’s new EVs at a dealer near you.

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Baua Electric

SEPTEMBER 24, 2024

2024 Honda Prologue (Source: Honda) Still think that buying a new car is always much cheaper than leasing if you’re playing for keeps? Assuming a 9% state tax rate on all payments as well as on the $18,500 lease incentive results in a total after-tax lease-to-own cost of $34,063.

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Baua Electric

JANUARY 16, 2024

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. Hyundai already gave the Ioniq 6 a $4,100 price cut for 2024 , versus 2023.

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EV Adoption

JANUARY 22, 2022

Instead, the news and claim has been relegated to Stellantis executive quotes in trade articles and is generally flying below the radar of many in the auto industry — and perhaps more importantly the larger potential PHEV-buying consumer market.

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Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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Baua Electric

OCTOBER 9, 2024

According to the fine print in Subaru’s ad, the Solterra Premium lease comes with an option to buy at the end of its three-year term for $20,390. So with the $279 initial payment at signing plus 35 monthly payments of $279 (subtotal $10,044) added to a buyout of $20,390, the Solterra can be owned for a total of $30,434 before tax and license.

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Blink Charging

JANUARY 4, 2024

I resolve to… take advantage of incentives For anyone who is considering buying an EV or a Level 2 EV charger for their home , make sure you use all the incentives that are available to you. Thinking of buying an EV? Starting this year, the Clean Vehicle Credit for new or used EVs can now be applied at the point of sale.

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Baua Electric

JULY 25, 2024

After slashing financing rates, the Acura ZDX may be a better buy than the Cadillac Lyriq or Chevy Blazer EV. According to online car research firm CarsDirect , Acura sent a memo to dealers announcing a new 0.9% The ZDX is also eligible for the $7,500 EV tax credit discount, which can be used upfront. financing deal.

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Baua Electric

JULY 12, 2024

That buys a turbo-4 five-seat crossover with a 17.9-kwh It also buys one of the very few PHEVs that qualifies for a federal tax credit of $3,750. Now, Genesis dealers have reportedly asked for hybrids and plug-in hybrids to sell in the U.S., kwh battery that blends in power to net 362 hp and 369 lb-ft of torque.

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Electric Vehicles India

NOVEMBER 8, 2021

Australia’s Prime Minister Scott Morrison has announced the federal government’s new electric vehicle strategy to encourage people to buy electric vehicles. Also read related article: Electric bicycles: Hero & Yamaha JV, Proposed US tax credit for electric bicycles. Australia unveiled its new EV policy.

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