Federal EV tax credit ends Sept. 30, some last-minute buyers rush to take advantage
Time is running out for electric vehicle buyers to cash in on federal tax credits worth thousands of dollars. The long-standing incentive, which provided up to $7,500 off new EVs and $4,000 off used models, will expire after Sept. 30 under legislation passed this summer as part of President Donald Trump’s so called “Big Beautiful Bill.”
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Time is running out for electric vehicle buyers to cash in on federal tax credits worth thousands of dollars.