Which Electric Cars Are Still Eligible For The 7500 Federal Tax Credit

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Consumer Reports details the list of 2023 and 2024 model year electric vehicles and plug in hybrids that qualify for federal tax credits of up to 7 500 under the Inflation

The government is offering free money for top notch EVs from a growing number of brands including Ford Rivian Tesla VW and Honda though fewer vehicles qualify in 2024 than in

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Which Electric Cars Are Still Eligible For The 7 500 Federal Tax

You can still get the full 7 500 federal tax credit on some popular EVs New restrictions on materials from China have shrunk the list of EVs eligible for the full credit

Starting on Tuesday a 7 500 tax credit will shrink or disappear for some vehicles but popular models like the Chevy Bolt F 150 Lightning and Tesla Model Y are still eligible

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Which Electric Cars Are Still Eligible For The 7 500 Federal Tax

Most pure electric and plug in hybrid vehicles regardless of battery material origins or where the vehicle was manufactured are eligible for the full 7 500 tax credit if they are leased

The IRS has given automakers a little more wiggle room around which electric vehicles will qualify for a federal tax credit worth up to 7 500 The change which gives companies a few more years

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