I know, I know — it’s unfathomable that Donald Trump would be elected president again. That said, it was unfathomable that he’d be elected the first time, and he’s clearly winning the Republican nomination. As you might have seen, Nikki Haley just lost to “None of these candidates” in Nevada, … [continued]
When the Democrat-controlled US Congress and President Joe Biden extended the federal tax credit for electric vehicles a couple of years ago, essentially reviving it for companies like Tesla that had previously had tax credits for their buyers phased out, they addressed what has widely been seen as a major … [continued]
If you bought a Tesla in 2023 and are looking to get a tax credit from the US government, it seems it’s not as simple as it was when I bought my Tesla Model 3 in 2019. Apparently you need to get a certain “IRA Clean Vehicles Credit Report” from … [continued]
This kind of automobile favoritism is nothing new in the US. However, I’m having a tough week, and another update on the US EV tax credit has just pushed me over the edge. As Steve Hanley wrote earlier today, “Also be aware that the maximum sales price of a sedan … [continued]
As of January 1, 2024, the federal EV tax credit has become a point of sale rebate. Go to the dealer, agree to purchase an electric or plug-in hybrid electric car that qualifies for the federal EV incentive, and shazam! That $7500 incentive (or $3750 incentive in some cases) gets … [continued]
Tesla has been sending out a lot of messages to try to move vehicles in the last few weeks of the year. I’ve been getting emails and text messages from the company, and Tesla has been especially active pushing for more demand on social media. That could be looked at … [continued]
The federal electric car tax credit rules will change on January 1, 2024, leaving some prospective buyers out in the cold.
Earlier this month, Ford announced to dealers that the Mustang Mach-E would be losing access to the tax credits it currently qualifies for. This takes the vehicle’s credit from $3750 to zero. In this article, I’ll take a look at the situation and how Ford can deal with it. This … [continued]
I was doing research for another article and I stumbled upon something that hasn’t been announced or publicized yet. Tesla used vehicles are now eligible for the the $4,000 tax credit in the US! I’m updating the articles I wrote 7 months ago and 1 month ago on this important … [continued]
Recent changes to federal regulations deemed certain electric vehicles no longer eligible for the full $7,500 tax credit. However, a loophole has been spotted that restores eligibility to nearly any EV, whether from Tesla or other automakers. After the list of EVs qualifying for the full credit was cut significantly … [continued]
