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Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid , released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. [183]
As of late 2023, just seven plug-in hybrids are eligible for a federal tax credit—but there's a workaround. ... To claim the tax credit, the buyer must file Form 8936 ...
If you’re set on getting a used plug-in hybrid SUV, this is your best shot at getting one below the $25,000 tax credit limit. Weak acceleration and a low-buck cabin are drawbacks, however. 2018 ...
2016–2018 BMW X5 xDrive40e. SHOP FOR USED X5. BMW sold the last-gen X5 with six powertrains, including a plug-in hybrid and a diesel. The plug-in hybrid carried the 40e designation and used a 2. ...
The Toyota Prius Plug-in Hybrid, released in January 2012, was eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. [278] All Tesla cars and Chevrolet Bolts were eligible for the $7,500 tax credit. As granted by the 2009 ARRA, electric vehicles produced after 2010 are eligible for an IRS tax credit from $2,500 to ...
The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [4] [5] Vehicles purchased after December 31, 2010 are not eligible for this credit.
As of the start of the year, the implementation of new rules by the Department of Energy (DOE) means only 13 vehicles qualify for federal tax credits for electric vehicles made in North America.
Three Corvette Stingray concepts were displayed at the 2013 SEMA Show. [27] [28] The Corvette Stingray Gran Turismo concept was made to promote the Gran Turismo 6 video game, and was one of the playable cars. It features a custom blue paint scheme, yellow-tinted headlamps, carbon fiber rear spoiler, ground effects kit, and front splitter; and a ...