New Car Rebate Blogs

Electric Vehicles Incentives on the Rise

According to the American International Automobile Dealers Association (AIADA) newsletter car buyers will have the chance to obtain bigger incentives when buying electric cars on most of the regions in the United States.

USA Today reported that key factors to these offers are the chance for automakers to launch electric cars massively and have and impact on environment, less congested driving lanes and less expensive prices.

Electric vehicles are being offered with a federal tax credit of up to $7.500 which reduces the price to the same range as any regular vehicle.

It is expected for EVs to be sold in more states by the end of the year. All states are currently offering incentives on these vehicles. Also, 9 states offer tax credits or cash rebates of $1,500 to $7,500.

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