tax credit
A tax credit is a money‑saving offer from the government that lowers how much you pay for an electric car, but it only works if certain conditions are met.
A government incentive that reduces the purchase price of qualifying electric vehicles; eligibility can change based on manufacturer sales thresholds.
Hear It Discussed
"...because the tax credit, the $7,500 tax credit was ending September 30th. So, it just ended a few..."
The Most Fun Car At Each Price Point, Van Life In A Car, Jail Speeds In First Gear | Episode 1,015 Everyday Driver Car Debate
"They're advertising it as after tax credits being under 20 grand. Tax credits right now are $7,500."
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"7500 tax credit for electric vehicle buyers now dead..."
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