Least you forget.....EV Tax Credit Set To End On September 30th, 2025

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It is official - the tax credit worth $7,500 for the purchase of new electric vehicles in the US, as well as $4,000 for used EVs, will be terminated on 30 September 2025. It will end a subsidy programme that has been in place since 2008.

US President Donald Trump signed his tax reform and spending package (‘The One Big Beautiful Bill’) into law on 4 July, following approval from both the House of Representatives and the Senate. This seals the end of EV subsidies as of 30 September – in just under three months. The current tax credit of $7,500 applies to households buying or leasing a new electric vehicle, while a $4,000 tax credit is available to buyers of used EVs.

These and other soon-to-expire environmental tax incentives had been extended or modified under the Inflation Reduction Act, a law introduced in 2022 by former President Joe Biden. For example, the Biden administration expanded EV tax credits in 2022 to include leased vehicles and removed the manufacturer cap, which had previously disqualified OEMs once they sold more than 200,000 EVs.

The new bill also ends the ‘Alternative Fuel Vehicle Refueling Property Credit’ on 30 June 2026 instead of 31 December 2032. Just a reminder, the credit is currently available “to businesses and individuals who install qualified refueling or recharging property, including electric vehicle charging equipment, in an eligible location.”

At long last....The break made 0 sense. Indeed EV owners should pay the taxpayer 7% extra to buy one.

Let's subsidize a car that tears up roads due to it's weight, uses hard to replace rare earth minerals/ materials, and uses a bunch of electricity from our overtaxed grid to recharge. Never mind battery disposal.

I suspect that's 87% of the reason Musk is pissed and why he wants to start his H1B party. ;)
 
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It is official - the tax credit worth $7,500 for the purchase of new electric vehicles in the US, as well as $4,000 for used EVs, will be terminated on 30 September 2025. It will end a subsidy programme that has been in place since 2008.

US President Donald Trump signed his tax reform and spending package (‘The One Big Beautiful Bill’) into law on 4 July, following approval from both the House of Representatives and the Senate. This seals the end of EV subsidies as of 30 September – in just under three months. The current tax credit of $7,500 applies to households buying or leasing a new electric vehicle, while a $4,000 tax credit is available to buyers of used EVs.

These and other soon-to-expire environmental tax incentives had been extended or modified under the Inflation Reduction Act, a law introduced in 2022 by former President Joe Biden. For example, the Biden administration expanded EV tax credits in 2022 to include leased vehicles and removed the manufacturer cap, which had previously disqualified OEMs once they sold more than 200,000 EVs.

The new bill also ends the ‘Alternative Fuel Vehicle Refueling Property Credit’ on 30 June 2026 instead of 31 December 2032. Just a reminder, the credit is currently available “to businesses and individuals who install qualified refueling or recharging property, including electric vehicle charging equipment, in an eligible location.”

At long last....The break made 0 sense. Indeed EV owners should pay the taxpayer 7% extra to buy one.

Let's subsidize a car that tears up roads due to it's weight, uses hard to replace rare earth minerals/ materials, and uses a bunch of electricity from our overtaxed grid to recharge. Never mind battery disposal.

I suspect that's 87% of the reason Musk is pissed and why he wants to start his H1B party. ;)

Tesla purchases didn't qualify for the EV credit after 2019, until Biden's green spending disaster, I mean Inflation Reduction Act reinstated them for Tesla.
 
Stain, they turned on Elon for supporting Trump & DOGE. Filthy Stain were probably 70% of buyers prior to keying Tesla? So that’s a problem.

More Trump supporters don’t seem to need or want EV. So thats a problem.

Trump trying to crank up Gasoline, lower prices. That’s another problem.

Tesla is a good product but almost looks hopeless to ramp up sales in the USA until commeee steal another election?
 

Goodbye to the $7,500 EV tax credit. What’s that mean for EV prices?​


The tax credit, passed by the Biden administration in 2022 to support EVs, is going away Wednesday as part of President Donald Trump’s broad spending and tax bill.



The $7500 fed credit ends at midnight as a part of the big beautiful bill passed earlier this year

So all EVs lease prices go up $7500 overnight?

Predictions?

I doubt it will be the end of the EV world but it will be interesting to see how the “EVERYBODY NEEDS TO DRIVE AN EV!” zealots will react as prices for electricity around the country continue to climb, especially in areas where AI installations are consuming as much power as a small/medium town all on their own, driving up prices for everyone in the area as utilities struggle with the spike in demand.
 
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derp derp derp derp
how many times derp
brain dead

 


Along with the Biden era that tried to mandate them
 
Its going to decline as we stop giving rich people a subsidy to by the worst car ever made so they can claim they are saving humanity from a crisis that doesnt exist.
 
derp derp derp derp
how many times derp
brain dead


When ICE vehicles took over from horses, they didn't need massive subsidies, they took over because they were the superior product.

EV's are not the superior product at this time.
 
A lot of people did not qualify for the tax credit so the vile dems made it so the credit could be passed to the car dealer and they could apply some it to to lower the price.

I wonder how much grift the vile dems got off of that?
 
I don't mind them ending the tax credit. Whether or not EV's are a good choice, depends on where you live and your personal circumstances. For me, it would not be a rational choice. Perhaps if I still lived in the beltway, it would be. who knows.
 
15th post
Oh nose, let me gets one of dem. What is today?
 

It is official - the tax credit worth $7,500 for the purchase of new electric vehicles in the US, as well as $4,000 for used EVs, will be terminated on 30 September 2025. It will end a subsidy programme that has been in place since 2008.

US President Donald Trump signed his tax reform and spending package (‘The One Big Beautiful Bill’) into law on 4 July, following approval from both the House of Representatives and the Senate. This seals the end of EV subsidies as of 30 September – in just under three months. The current tax credit of $7,500 applies to households buying or leasing a new electric vehicle, while a $4,000 tax credit is available to buyers of used EVs.

These and other soon-to-expire environmental tax incentives had been extended or modified under the Inflation Reduction Act, a law introduced in 2022 by former President Joe Biden. For example, the Biden administration expanded EV tax credits in 2022 to include leased vehicles and removed the manufacturer cap, which had previously disqualified OEMs once they sold more than 200,000 EVs.

The new bill also ends the ‘Alternative Fuel Vehicle Refueling Property Credit’ on 30 June 2026 instead of 31 December 2032. Just a reminder, the credit is currently available “to businesses and individuals who install qualified refueling or recharging property, including electric vehicle charging equipment, in an eligible location.”

At long last....The break made 0 sense. Indeed EV owners should pay the taxpayer 7% extra to buy one.

Let's subsidize a car that tears up roads due to it's weight, uses hard to replace rare earth minerals/ materials, and uses a bunch of electricity from our overtaxed grid to recharge. Never mind battery disposal.

I suspect that's 87% of the reason Musk is pissed and why he wants to start his H1B party. ;)
Doh!

I didn't see that until just now . . .

Just kidding, of course. I only shop at Men's Car Stores.
 

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