Remove Parts Remove Personal Remove Price Remove Tax
article thumbnail

Lunaz to begin production of electric classic Range Rovers; prices begin at £245,000 excluding local taxes

Green Car Congress

Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. Lunaz’ engineers will take existing conventionally bodied Range Rover classics and convert them to what the firm is calling ‘Safari Specification’ as part of the full bare metal restoration and re-engineering process.

Tax 286
article thumbnail

Proposed Changes to Federal EV Tax Credit – Part 3: MSRP Must Be Less Than $80,000

EV Adoption

Should expensive electric vehicles be excluded from the federal electric vehicle tax credit (IRC 30D)? The provision requires that a new qualified plug-in electric drive motor vehicle purchased by the taxpayer has a manufacturer’s suggested retail price (MSRP) of $80,000 or less. – The Drive.

article thumbnail

2024 BMW iX2 review: Is this the EV bargain of the year? How tax incentives make this slick compact SUV a tempting electric car

EV Central

And a lot of its success comes down to good ol’ sharp pricing. Part of the appeal is six models priced below the luxury car tax threshold, in turn allowing owners to package them into a novated lease and sidestep fringe benefits tax when using the car for personal use. BMW iX2 xDrive30. BMW iX2 xDrive30.

BMW 96
article thumbnail

Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

Well, it’s 2024, the changes to the federal EV tax credit have officially taken effect, and it’s a bit of a mixed bag. The list of electric vehicles that qualify for the federal tax credit shrunk from 35 to 14, according to the US Department of Energy. Which Electric Vehicles Still Qualify for the Tax Credit?

article thumbnail

Personal: One in a Million

Clean Fleet Report

Part of how California got to its million-EV position is by offering substantial rebates to purchasers of new EVs. Buyers could still receive federal tax credits and local incentives if available. In the earlier days, the incentives were a big part of Tesla’s early market success, which was the intent of the program.

article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

article thumbnail

EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.