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Many EVs Could Lose Tax Credits Starting January 1st

April 16, 2024 by autooayme

If you’re considering buying an electric car, you’ve probably already heard the news. You could get up to $7,500 back from the federal government. But there’s a catch. No one seems to know if it will be available for the car he wants 35 days from now. The rules will change on January 1st, and cars… Source: www.kbb.com

Categories Junk Cars Philadelphia Tags 1st, credits, EVs, January, lose, starting, Tax

GM’s EV Temporarily Loses Tax Credit On January 1st

January 13, 2024 by autooayme

Due to changes to the federal electric vehicle tax credit, some General Motors EVs will no longer qualify for the tax credit next year. After January 1, 2024, the Cadillac LYRIQ and Chevrolet Blazer EV will no longer be available in any part of the Commonwealth Territory. Source: Cars Direct

Categories Junk Cars Queens Tags 1st, Credit, GMs, January, loses, Tax, temporarily
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