The Cars You Should Look at if You Want One of the New Federal EV Tax Credits
CNET,Technology,Tech,Auto,electrified,tech,auto
New federal tax credits bring Tesla, GM and Toyota back into the fold, but the details are complicated. Here are the few cars that should qualify in the near term.
0:00 EVs That Qualify for a Tax Credit
0:36 Chevrolet Bolt and Bolt EUV
1:52 Ford F‑150 Lightning
2:43 Ford Mustang Mach‑E
3:28 Nissan Leaf
4:08 Rivian R1S and R1T
5:03 Tesla Model 3 and Model Y
5:53 Volkswagen ID.4
6:37 Cadillac Lyriq
7:19 Chevrolet Blazer EV
7:49 Chevrolet Silverado EV
8:39 Tesla Cybertruck
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#Cars #Federal #Tax #Credits
Just to clarify. You could get the FSD after purchasing the car. Why would you not mention that. Why is everyone so anti Tesla.
Ridiculous and mostly ugly cars. Really adds to the greed dealer.
Nissan Leaf is not built in North America. It therefore lost its tax credit at the signing of the bill.
This is the guy I trust for car reviews. Been listening to Brian Cooley’s great voice for years.
So does this mean I can’t put an order on a Tesla Model Y until Jan 1 or I can’t take delivery until then?
Apetra still unknown at this point?
There was a rumor that if you have an existing order and planned to get it delivered this year,you would fall under the old EV tax incentives. Any info on whether this is true?
5:50 You’re not going to lose any sleep for us not getting FSD? Well we did get FSD, and I don’t particularly care about your sleep.
:7:00 The Cadillac Lyriq and GMC HummerEV will be powered by Ultium™, but what does that mean? What’s the difference between Ultium™ pouch cells and the pouch cells used in the self-thermalizing battery packs of the Bolt EVs?
Great 👍
Contaminating and pumping 500,000 gallons of water per ton of Lithium is an environmental disaster on a global scale.
Thats what it takes to make the Lithium batteries is these EVs.
What about recycling the batteries i hear you say.
The process of recycling the batteries is inefficient and would produce more carbon emissions than making a new battery.
That should halt the EV market in its tracks.
Pony cars received the AARP cards.
With Tesla, FSD is an option that can be purchased later as a software download so it wouldn’t affect the selling price in terms of the tax credit.
oh my god, did he just suggest someone buy a Nissan Leaf in 2022???? 😀
Currently EV is just waste of money
Good luck getting an F150 Lightening under $80K with all these markups dealors are doing to it. A 40K Cybertruck won’t see the light of day like a 30K Equinox. Speaking of the Equinox that was left off the list and will contain the new ultium battery. It’s going to interesting to see what that’s priced at.
Rivian doesn’t qualify
Thank you Brian, for all your videos. Any reason why you never talk of Fisker Ocean?
So the Tesla model 3 rear wheel drive will qualify for the full tax credit starting 2023?
GM and LG Chem is not going to age well.
c/net used to be my go-to for all things computing back in the 1990’s. I’m glad I’ve found them again for all things EV. But now with many affordable EV choices coming to market, I fear our poor power grid won’t be able to stand the load. In California, we’re already getting Flex Alerts on hot summer days. What’s going to happen if we all plug our EV’s in at the same time? Also due to the drought, we may be losing our ability to produce hydro power. I’ve heard that just a loss of 10 more feet in the level of Lake Mead will force the Hoover Dam off line.
Most of these cars are not readily available. Some others are crap with poor battery choice.
Ford mach‑e made in Mexico
NO tax credit for outside US
So, what about Aptera and Canoo’s pipelines?
If I make 110k M.A.G.I. per year when I take delivery of the car in February 2023, but I make 220k M.A.G.I. when I file my tax return in 2024, will I still qualify for the EV tax credit for that 2024 tax return?
LOLOL!!!! THIS 80,000 TRASH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! YOU IDIOT! WHO WOULD BE THAT STUPID TO PAY THAT!!!!!!!!!!!!!!!
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WOW a reel to reel! Cool !!!
Honestly we should be pushing tax credits towards hybrids and plug in hybrids. When it comes down the road to replacing the batteries it won’t cost $20–30K for batteries instead it would be 3–5K from a dealer from what I’ve seen for old prius / Toyota hybrid replacements. Chrisfix even has a video for diy people to replace their bad hybrid battery using a third party one that’s half dealer price.
Sorry but the cybertruck looks like a failed 7th grade metal shop project. Aside from that, in 2/21 I bought a new Mazda CX‑5 for 32k. The 18k difference between that and a 50k electric car buys a lot gas. Especially since I work from home and fill up about every month and a half.
What about Fisker Ocean? Any tax credit on that?
Also new credits have income limits.
They can keep that ev junk they couldn’t pay me enough to buy one.
No Detroit junk, no electric BS, for me. I’m in a 7 year old Mercedes with ZERO repairs. That’s where I’m staying. NO PAYMENTS.
Tesla was out there almost alone in the E V market. They are going to face a ton of competition, let’s see how Tesla holds up with all this competition coming its way. I’m personally impressed by the Chevy Silverado and all it has to offer.
is there a video like this on the used car tax credit
Hi. I’m open for a Tesla model 3 (lightly used) or a small SUV, and need a point of view from a value perspective ( also considering the new Prius and the ’23 tax credit).
I like to call these “COAL FIRE CARS”. Bc that’s what they are.
Hmm mediocre choices all around 🤔
Lmfao fools when you buy any ev you are basically destroying your future in many ways. Good luck