If you’re considering buying or leasing an electric vehicle, now is the time to act. Federal tax credits toward purchasing 22 qualifying new electric car and plug-in hybrid models will expire on Sept.
The newly signed Inflation Reduction Act will have big implications for electric vehicle buyers. Some popular electric vehicles may become eligible for a tax credit once again, while other cars that ...
If you’re thinking about buying an electric car or a plug-in hybrid, be aware that the federal EV tax credit of up to $7,500 now expires on Sept. 30, 2025. The changes are due to a budget ...
When President Trump signed his big budget bill into law on July 4, it eliminated the electric vehicle (EV) tax credits enacted under the Biden Administration—$7,500 for buying or leasing a new ...
If you’ve been thinking about buying a new electric vehicle, you have less than three months to bundle tax credits from both Joe Biden’s and Donald Trump’s administrations. Consider how each president ...
If you've decided to purchase an EV or a PHEV, act fast—the $7,500 tax credit expires soon The Chevrolet Equinox EV currently qualifies for a federal tax credit. By Keith Barry If you’re thinking ...