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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.
In August, used electric vehicles priced under $30,000 accounted for nearly 60% of the available inventory on used lots, according to data from Recurrent, which tracks used EV prices. Two years ...
Now is a great time to purchase a used electric vehicle. The average price for a used EV has dropped about 20% compared to this time last year, according to Edmunds transaction data. To top it off ...
Independent rating: 8/10 Pros: Spacious, plenty around, good kit levels Cons: Former mini-cabs may be abused Price: From £11,000 Maximum claimed range: 282 miles Maximum charge rate: 75 kW. Seats ...
On the used EV front, the limits are lower: $75,000 for single and married filing separately, $112,500 for head of household, and $150,000 for married filing jointly.
The program is aimed to promote the sale of 400,000 electric vehicles. The cost of the purchase incentive is shared equally between the government and automakers. Electric car buyers get a €4000 (US$4,520) discount while buyers of plug-in hybrid vehicles get a discount of €3000 (US$3,390).
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