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A leasing workaround could be the simplest way to claim the full $7,500 EV tax credit, even if you wouldn’t normally qualify.
Plans for a southern electric-vehicle automotive hub have hit the brakes as consumer confidence wanes and federal incentives ...
Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit ...
The One Big Beautiful Bill is quickly sunsetting tax credits for all sorts of clean energy purchases—from EVs and heat pumps ...
It pays to know the complex tax rules before rushing to buy or lease an electric vehicle or plug-in hybrid vehicle before credits expire Sept. 30.
It's not often that a deal that could save you thousands of dollars on a car has an expiration date. But be careful with your ...
Incentives worth thousands of dollars to help people buy electric vehicles will begin expiring in the coming months amid ...
John Roth, VP of global Cadillac, said during a July 10 media briefing that the company is capable of adjusting EV plans as ...
The old credit offered $7,500 for new electric vehicle buyers until their automaker hit a 200,000 limit for available tax credits. Plug-in hybrid buyers received a smaller credit.
The $7,500 tax credit for buyers of new electric vehicles continues a policy President Barack Obama signed into law in 2009, when Biden was vice president. The Obama law limited the tax credits to ...
A $7,500 tax credit for new electric vehicles became available as a point-of-sale discount from car dealers in January 2024. Previously, buyers had to wait until filing an annual tax return the ...
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