On January 1, 2023, a new tax credit begins for both new and used cars. Since then, a lot of dust has settled on Parliament Hill as it continues to introduce tax credit conditions and continually change what used EVs are and are not eligible for. This is… Source: electrek.co
Good news for those considering purchasing an electric car. Instead of claiming a tax credit on your EV purchase, you can now receive an upfront rebate from the federal government. This also applies to used EVs, which can significantly reduce the number of buyers. Up to $4000. Instead of waiting until tax time, customers… Source: www.caranddriver.com
The BMW i3 offers a great combination of style, comfort and practicality, making it a great choice if you’re looking for a used electric car. The i3 is BMW’s first fully electric mass-market car, and BMW produced more than 250,000 units between 2014 and 2021. These vehicles were sold at low prices, but… Source: www.makeuseof.com
CarMax (KMX), the largest used car retailer in the United States, said it has seen a significant increase in customer interest in electric vehicles. And when those customers buy an EV, they’re buying a Tesla. Annual EV consumer reportCarMax revealed that search volume for the word “electric” doubled from February 2022 to February 2023. Source: finance.yahoo.com
Starting in 2023, buyers of certain used electric vehicles will be eligible for a $4,000 tax credit. We have compiled the best options that meet your requirements. in 6:30 a.m. (Eastern Standard Time) Welcome to 2023. As the used car market has been overly inflated for nearly two years, used car prices are finally on the decline. Source: insideevs.com
Mazda’s only EV in the United States is the California-only MX-30, which has a range of 160 miles. Mazda is probably late to the EV game, and the MX-30’s range is less than all other electric cars currently available. This may not be surprising once you know… Source: insideevs.com
July 31, 2023 at a site where decommissioned electric vehicles are stored in Hangzhou, China. Shen Qilai—Bloomberg via Getty Images The transition away from cars with dirty combustion engines faces new hurdles. Drivers don’t want to buy used electric cars… Source: fortune.com
One of the things enthusiasts are most upset about is electrification. The loudest complainers say EVs take the fun out of driving and can never be as appealing as a roaring gasoline engine. There’s no doubt that the noise EVs make isn’t always visceral and thrilling, but it’s also true that electrification has changed… Source: Autoblog
On January 1, 2023, a new tax credit begins for both new and used cars. Since then, a lot of dust has settled on Parliament House as it continues to introduce tax credit conditions and continually change what used EVs are and are not eligible for. Source: electrek.co
Unrealistic range is a major problem for modern electric vehicles, as few owners are able to obtain the same range as listed on the EPA website. In response, EPA has updated its test method and published it in 2022. This should give you more results… Source: Cars Direct