Buying an electric car or truck? What to know before tax credits expire Sept. 30
Buying an electric car or truck? What to know before tax credits expire Sept. 30
A brand new, out-of-the-blue Sept. 30 deadline to buy an EV could be easy to miss, given all the quirky details packed into the nearly 900-page mega tax bill. But automakers aren’t about to let that happen.
An email sent by Telsa says: "Order soon to get your $7,500."
"You can get $7,500 off a qualifying Tesla vehicle at delivery with the federal tax credit, which will now expire on September 30, 2025," the email stated.
You must take delivery on or before Sept. 30 to be eligible.
Sales of electric cars and trucks, including plug-in hybrids, could be scorching hot at the end of summer, according to industry analysts, as buyers hear more promotions about why they absolutely must lock in lucrative clean vehicle tax credits that expire under what has been called the “one, big, beautiful bill.”
