Glossary / General

EV tax credit

30 Episode Mentions

Too Afraid to Ask

When you buy an electric car, the government can give you a discount on the price. This is called the EV tax credit and it helps make electric cars cheaper.

Technical Definition

The EV tax credit is a government incentive that reduces the purchase price of electric vehicles, encouraging consumers to buy cleaner cars.

Hear It Discussed

"if you're selling an EV, they list the price and the price is generally after a $7,500 tax credit."
EV Tax Credits Expire, No Four-Cylinder Cars, Have I Become A Car Person? | Episode 1,003 Everyday Driver Car Debate 23:39

"...it is eligible for the EV tax credit so that's $7,500 if you're if you meet whatever phase out requirements um we..."
The Future of the Collector Car Market, Flying Bentley Drones, and Worst Value Cars EP21 THIS CAR POD! with Doug DeMuro & Friends! 07:49

"The elimination of the $7500 tax credit toward an EV purchase, EV demand is largely collapsed since the tax credit..."
The Smart Way To Decide If Your Old Car Is Worth Another Repair In Wheel Time Podcast: Your Go-To Automotive Talk Show 28:07