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 ...
The most important aspects of gifting a car are having a clear title, ensuring the car is in good shape, and completing and submitting all required documents.
The federal clean vehicle tax credit was set to expire at the end of 2032, but the mega-tax bill signed into law in July pushed that expiration deadline up to Sept. 30 Not everyone will qualify for ...
Sales of electric cars and trucks could be scorching hot at the end of summer, according to industry analysts, as buyers race to lock in clean vehicle tax credits that expire in September. A lucrative ...
Have you ever had to pay your local government for the wheels on your car? Local governments use wheel taxes to bring in more revenue to help fund public infrastructure projects. While not all ...
Editor’s note: President Donald Trump signed the “One Big Beautiful Bill Act” (OBBBA) into law on July 4, 2025. A major component of the bill was the elimination of the federal electric vehicle tax ...
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