Posts Tagged ‘BMW i3’

Electric Car Federal Tax Rebate

  • “All electric and plug-in hybrid vehicles that were purchased new in or after 2010 may be eligible for a federal income tax credit of up to $7,500,” according to the US Department of Energy.
  • Your tax bill needs to exceed $7500
  • Phased out by cars a company sold. 200,000 cap
  • Includes plugin hybrids (Lower $)
  • No more rebate: GM, Tesla, Toyota (Soon)

Cars with rebate as of April 2022

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