Search results
Results from the WOW.Com Content Network
If you and your car fall under the federal EV tax credit income and price limits, respectively, here are the 10 cars that will get you a full federal tax credit of $7,500 and their MSRPs ...
Currently the standard credit for a qualified alternative fuel vehicle is $4,000. Other than the Civic GX, a number of models produced after 2004 may qualify for tax credits. [13] Electric vehicles: Government tax credit programs are planned for electric and plug-in hybrid vehicles, but no specific models have yet been certified. [14]
The Lexus NX (Japanese: レクサス・NX, Hepburn: Rekusasu NX) is a compact luxury crossover SUV sold by Lexus, a luxury division of Toyota. Introduced in late 2014, it is positioned between the subcompact UX and the mid-size RX in Lexus’ crossover SUV lineup. According to Lexus, the name "NX" stands for "Nimble Crossover". [1]
Income tax credit: Yes: Tax credit of 20% of the cost of a zero emission vehicle up to $5,000 purchased before July 1, 2015. Plug-in hybrids were not eligible for this incentive. [59] The incentive removal reduced sales of small EVs but had little effect on large EVs. [60] up to $2,500: Alternative fuel conversion: Income tax credit: Yes
California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump's incoming administration does away with a federal tax credit for electric vehicles.
2020 Tax Year Earned Income Tax Credit Income Limits . If your filing status is: Number of Qualifying Children. 0. 1. 2. 3. Single. $15,820. $41,756. $47,440. $50,594
These granted tax credits on PEV vehicles will phase out once 200,000 plug-in vehicles are sold by each manufacturer in the U.S. [282] During this phase out period after 200,000 plug-in car sales, qualified producers will experience a drop in a tax credit of $7,500 to $3,750 for the next 6 months followed by a drop to $1,875 for another 6 ...
NX: compact crossover FWD/AWD. 2014 Lexus NX 200t/NX 300h; 2021 Lexus NX 250/NX 350/NX 350h/NX 450h+ UX: subcompact luxury crossover FWD/AWD. 2018 Lexus UX 200/UX 250h; 2020 Lexus UX 300e; 2024 Lexus UX 300h; RX: full-size crossover FWD/AWD. 1999 Lexus RX 300; 2004 Lexus RX 330; 2006 Lexus RX 400h; 2007 Lexus RX 350; 2010 Lexus RX 350/RX 450h ...