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On the one hand, having electric vehicle (EV) tax credits up to $7,500 for new vehicles and up to $4,000 for pre-owned cars applied at the point of sale is a great incentive for drivers who have ...
The list of EVs eligible for a $7,500 tax credit got a lot shorter on January 1. ... New requirements for a $7,500 federal tax credit on electric vehicles ... Changes to the electric vehicle tax ...
To qualify for the tax credit, a car cannot cost more than $55,000. SUVs, pickups and vans can't exceed $80,000. And a buyer's gross income must be no more $150,000 if single, $300,000 if filing ...
The Toyota Prius Plug-in Hybrid, released in January 2012, was eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. All Tesla cars and Chevrolet Bolts were eligible for the $7,500 tax credit. As granted by the 2009 ARRA, electric vehicles produced after 2010 are eligible for an IRS tax credit from $2,500 to $7,500.
2024 Tesla Model 3 Performance ($7500) Unfortunately, the batteries in the standard-range rear-wheel-drive Tesla Model 3 keep it from being eligible for the full $7500 tax credit. On the other ...
Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a US$2,500 tax credit due to its smaller battery capacity of 5.2 kWh.
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