Thinking of buying a new electric car in 2023? You may be eligible for a tax credit of up to $7,500, but there are some complex rules to be aware of. In this video, we’ll discuss the income restrictions, vehicle requirements, and other factors that determine eligibility for the electric vehicle tax credit. We’ll also cover how leasing your EV can potentially qualify you for the credit, as well as the new tax credit available for used EVs. Stay up to date on the latest information and make the most informed decision about your EV purchase or lease by watching this video. Don’t forget to like, comment, and subscribe for more helpful content on electric vehicles.
Full list of IRS approved manufacturers and vehicles: https://www.irs.gov/credits-deductions/manufacturers-and-models-for-new-qualified-clean-vehicles-purchased-in-2023-or-after
Sources:
https://www.consumerreports.org/cars/hybrids-evs/electric-vehicles-that-qualify-for-new-ev-tax-credit-a9310530660/
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