How Direct Tax Credit boosts EV sales

EV Sales Surge for Dealers Touting Direct Tax Credit The key to more sales is showing how the tax credit can lower monthly payments. http://spr.ly/6044grwti #Automotive #AutomotiveTechnology #IndustryNews

Now that the EV tax credit can be used as cash on the hood, dealers are leveraging it to sell more EVs, especially used EVs. My story for Wards Auto. #EVtaxcredit #autodealerships #electricvehicles #usedEVs https://lnkd.in/gFgjSQui

TDS at large! Get a grip, EV’s don’t make up 27% of car sales as this headline would suggest. And yes, if the taxpayers stop subsidizing sales, the less than 5% overall of auto sales or EV sales could drop. So what? If they are are so good, why subsidize in the first place.

Thanks to Ash Savage at Auto Finance News for inviting me to share insights on EV changes in the Trump Administration. TL/DR: 1) The risk of EV tax credits going away is causing a "sugar rush" of EV sales in 2025. 2) If federal credits go away, the 500+ state and local EV incentives become much more important. If you're an automaker, car site, lender, dealer looking to do more with EVs this year, let me know if EV Life's API can help!

Excited for our co-founder Peter Glenn share EV insights with Auto Finance News: “There’s a sugar rush of EV sales from Q4 by folks who think tax credits might not be around for the foreseeable future and want to take advantage of them.” “Federal tax credits are a big chunk of what consumers can get, but most EVs are sold in EV-friendly states where there are over 500 different state and local incentives that are valuable." https://lnkd.in/gW8QEsu9

Great news, life just got easier for consumers in recognizing tax credits for EV purchases. 💵 How can your dealership leverage this and get the word out to your market? G4 Media has the solutions! 🚀 https://lnkd.in/giGz5txi #dealershipmarketing #sellmorecars #marketingautomation #marketpointauto

EASE FOR $459/Month plus local sales tax 2024 VOLVO C40 RECHARGE TWIN MOTOR ULTIMATE ELECTRIC MSRP 63K BLACK/ BEIGE DEMO CAR 4K DEMO MILES APROX 10K MILES PER YEAR MONTH LEASE 2K PLUS FIRST PAYMENT TOTAL DUE AT SIGNING "ALL LEASE FEES INCLUDED IN THE DUE AT SIGNING EXCEPT FOR TAXES" "LOCAL SALES TAX NOT INCLUDED" "TAXES CAN BE PAID UP FRONT OR MONTHLY" ***LEASE THROUGH VOLVO FINANCIAL SERVICES*** **ALL AVAIL REBATES APPLIED IN THIS OFFER (INCLUDING BRAND LOYALTY)- NOT ALL WILL QUALIFY** ***TOTAL DUE AT SIGNING INCLUDES: Bank fee dmv and dealer doc fee. Excludes local sales taxes. Offer includes all available rebates (Including brand loyalty if avail) some clients might not qualify. Subject to tier 1 credit approval. Contact us for complete details. Images shown are for illustration purposes only. One car at this price. No liability can be held for any errors, typos, however caused to any recipients of this message***

Did you know that purchasing a used EV from someone who bought it new from the dealership could qualify you for a $4000 Used EV tax credit? Many assume these credits only apply to new EV purchases, which means this tax credit is a game-changer in making used EVs the most affordable cars on the market. Cool. https://lnkd.in/g_q_k8-g

LEASE FOR $498/ Month plus local sales tax 2024 KIA EV 6 GT LINE AWD MSRP 63K BLACK/ BLACK NEW CAR 10K MILES PER YEAR 24 MONTH LEASE 2K PLUS FIRST PAYMENT TOTAL DUE AT SIGNING "ALL LEASE FEES INCLUDED IN THE DUE AT SIGNING EXCEPT FOR TAXES" "LOCAL SALES TAX NOT INCLUDED" "TAXES CAN BE PAID UP FRONT OR MONTHLY" ***LEASE THROUGH KIA FINANCIAL SERVICES*** **ALL AVAIL REBATES APPLIED IN THIS OFFER (INCLUDING BRAND LOYALTY)- NOT ALL WILL QUALIFY** ***TOTAL DUE AT SIGNING INCLUDES: Bank fee dmv and dealer doc fee. Excludes local sales taxes. Offer includes all available rebates (Including brand loyalty if avail) some clients might not qualify. Subject to tier 1 credit approval. Contact us for complete details. Images shown are for illustration purposes only. One car at this price. No liability can be held for any errors, typos, however caused to any recipients of this message***

Car sales decline after new vehicle tax introduced in the 2024-25 budget #CarSales #BudgetOnRepublic #inp #independentnewspakistan