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The generous lease provisions of the federal EV tax credit allow for a $7,500 deduction for all leased vehicles, $7,500 for buying certain new EVs, and $4,000 for purchasing used EVs.
Awards won by the first-generation Lexus RX include most appealing luxury SUV by J.D. Power and Associates in 1998, [25] Motor Trend Sport/Utility of the Year for 1999, Money magazine's Best Deal on the Road in the SUV class in 1999, and Kelley Blue Book's Best to Hold Value Award in 1999, 2000, and 2001. [26]
The car has a hybrid powertrain of 48 mpg combined, making it one of the most fuel-efficient in its class, ... For about $34,650, the 2025 Honda CR-V Hybrid is a very good compact SUV.
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During the mid-2000s, SUVs from luxury car brands grew by almost 40% in the United States to more than 430,000 vehicles (excluding SUV-only brands like Hummer and Land Rover), at a time when luxury car sales suffered a 1% decline, and non-luxury SUV sales were flat. By 2004, 30% of major luxury brands' U.S. sales were SUVs.
Lexus introduced the first generation, known as the GX 470 in 2002, and subsequently became the third SUV to enter the Lexus lineup. A full-time four-wheel drive system is standard with low-range gearing. The 4.7-liter V8 engine in the GX 470 was the same as used on the larger LX 470. The firm next introduced the second-generation model in 2009 ...