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Here Are The Best Used EVs That Qualify For The $4,000 Tax Credit
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
Fewer Cars Qualify For The $7,500 EV Tax Credit.Here Are Two Alternatives
Uwe Krejci | Digital Vision | Getty Images The Inflation Control Act, signed into law by President Joe Biden in August, is the most ambitious climate spending package in U.S. history. The law provided tax incentives to encourage Americans to switch to cleaner cars and trucks, among other measures. Source: www.cnbc.com
How Nearly All Electric Vehicles Qualify For The $7,500 EV Tax Credit
When new EV tax credit requirements went into effect in April, the number of electric vehicles eligible for the $7,500 tax break dropped dramatically. Currently, only about a dozen cars, mostly made by American automakers, are on the IRS’s official list. But almost every make and model of EV… Source: www.cnet.com