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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.
The tax credit is to be phased out two calendar quarters after the manufacturer reaches 60,000 new cars sold in the following manner: it will be reduced to 50% if delivered in either the third or fourth quarter after the threshold is reached, to 25% in the fifth and sixth quarters, and 0% thereafter.
As of late 2023, just seven plug-in hybrids are eligible for a federal tax credit—but there's a workaround. Guide to Plug-In-Hybrid Tax Credits Skip to main content
Although the $7,500 tax credit for Ford’s F-150 Lightning will remain, along with the $3,750 incentive for the plug-in hybrid Ford Escape and Lincoln Corsair Grand Touring, the incentive will no ...
In the United States, the 4Runner was available in three trims; the V6 engine was limited to the two higher trims (SR5 and Limited). [52] For 4WD models, the transfer case selector allows the driver to select between 2WD high range (H2), 4WD low range (L4), or 4WD high range (H4); Limited models use a pushbutton to select H4. [52]
The 2025 Toyota 4Runner lineup features two new trims—an overland-focused Trailhunter and a high-end Platinum—that join the SR5, TRD Sport, TRD Off-Road, Limited, and TRD Pro.. Most models ...
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 all-new sixth-generation Toyota 4Runner's pricing starts at $40,770 for a base SR5 in 2WD, before a $1450 destination fee. The top trim Trailhunter and TRD Pro start at $66,900 before $1450 fee.