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EV tax credit shifts to rebate Jan. 1, and not all dealers are ready

Green Car Reports

car dealerships have not registered to begin offering the federal EV tax credit at the point of sale when that option becomes available Jan. More than 7,000 dealerships have registered with the IRS to offer tax credits of up to $7,500 as point-of-sale rebates, the U.S. Treasury Department said Friday.

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Tesla Model 3 LR AWD now qualifies for Point of Sale $7,500 EV tax credit

Teslarati

Tesla’s Model 3 Long Range All-Wheel-Drive configuration has appeared on the list of vehicles qualifying for the IRS’s $7,500 electric vehicle tax credit, enabling carbuyers to get their rebate in a new Point of Sale method that the agency announced late last year. Buying an EV? I’d love to hear from you!

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Thousands of auto dealers sign up to offer new on-the-spot tax credit

Electrek

New year, new rules: As of January 1, things are about to get a little easier when it comes to getting your federal tax credit for buying an electric vehicle. And auto dealers are signing up in droves with the IRS. more… The post Thousands of auto dealers sign up to offer new on-the-spot tax credit appeared first on Electrek.

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Cadillac ELR EREV goes on sale in January, starting price $75,995

Green Car Congress

The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. Base price of a 60 kWh Tesla Model S—without Federal tax incentive, but with destination fee—is $71,070.) Official EPA estimates are not yet available. 2014 Cadillac ELR.

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Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

The Tonale PHEV will begin arriving at dealers in June. US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit. The plug-in hybrid powertrain features a 15.5-kWh kWh lithium-ion battery and 90 kW electric motor.

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Chevy prices 2017 Bolt EV at $37,495; $29,995 after federal tax credit

Green Car Congress

Depending on individual tax situations, customers may receive an available federal tax credit of up to $7,500 for a net value of $29,995. Pricing includes destination and freight charges and excludes tax, title, license and dealer fees. The battery-electric Bolt EV has an EPA estimated 238-mile range.

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You will soon get up to $7,500 EV tax credit at purchase rather than a return

Electrek

The IRS has just released new guidelines to enable dealers to take the $7,500 electric vehicle tax credit from the buyers and apply it directly to the purchase of new and used electric vehicles. more… The post You will soon get up to $7,500 EV tax credit at purchase rather than a return appeared first on Electrek.