Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit for ...

Here's what you need to know if you purchased an EV or a PHEV in 2025, or plan to lease one Thanks to a strategy by General Motors, the Chevrolet Equinox EV still qualifies for a federal tax credit.

Americans bought 1.3 million fully-electric cars, trucks and SUVs in 2024 and tax credits of up to $7,500 on new EVs was one of the major factors driving take-up. But those credits might to be around ...

If you're looking for a Labor Day sale on a new electric vehicle, the federal government might help you get one of the best deals this month. You have 30 days to bundle tax credits from both Joe Biden ...

The federal government’s EV tax credit program is set to end in September, prompting a surge in EV purchases. The rush has also sparked tensions between car dealerships and the IRS Congress passed the ...

In just a few days, the federal tax credit for electric vehicles — which knocks several thousand dollars off the price of many new or used EVs for qualified buyers — will be history. A few years ago, ...

If you’ve been thinking about buying a new electric vehicle, you have less than three months to bundle tax credits from both Joe Biden’s and Donald Trump’s administrations. Consider how each president ...