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EV tax credits

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Time to Buy an Electric Car Before EV Incentives Get Axed?

December 13, 2018
EV-Tax-Credits
Earlier this month, the White House announced their intention to eliminate electric vehicle incentives and rebates. If you’d planned on buying a new EV soon-ish, this move would all but take $7,500 out of your pocket! Even if the tax credits aren’t immediately shuttered by the government, the phase-out period for tax credits for most EVs – including GM models like the Chevy Bolt and Volt – is looming, which would also prevent you from cashing in on the full, sweet federal EV tax credit.

To put it simply: Now’s the time to buy your electric car. Not tomorrow. Not next week. Today! Continue Reading…