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CoPilot's October Monthly Incentives Radar highlights the top financing and cash-back incentives available to consumers for popular vehicles.With car prices lingering near record highs, incentives ...
Incentives may also vary based on how well the car in question performs in these “green” categories. [8] For example, the buyer of a Tesla Roadster , a fully electric vehicle, will receive a much larger tax credit than the buyer of a standard hybrid, which will pollute much more during its lifespan. [ 9 ]
These incentives mainly take the form of purchase rebates, tax exemptions and tax credits, and additional perks that range from access to bus lanes to waivers on fees (charging, parking, tolls, etc.). [1] The amount of the financial incentives may depend on vehicle battery size or all-electric range. Often hybrid electric vehicles are included.
Many automakers are also offering additional incentives, such as rebates and discounted financing, making this an ideal time to buy. Beat price hike: If the tax credit disappears, automakers may ...
Vehicles must be purchased or leased on or after March 15, 2010. Rebates initially of up to US$5,000 per light-duty vehicle, and later lowered to up to US$2,500, are available for individuals and business owners who purchase or lease new eligible vehicles. Certain zero-emission commercial vehicles are also eligible for rebates up to US$20,000.
Myers said the rebates were supposed to increase EV or plug-in hybrid electric vehicle sales by about 8,700, but they only accounted for about half of that – or 4,800 cars. “The CO2 emissions ...
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