How To Score A Great Deal On EV Before Time Runs Out On Tax Credits

How To Score A Great Deal On EV Before Time Runs Out On Tax Credits

It’s Labor Day in the United States, a holiday that brings both a needed break for workers everywhere and one of the biggest car-buying weekends of the year. And this year, it’s an even bigger deal because the electric-vehicle tax credits will die in just one month’s time.

For the past few months, EVs—both new and used—have flown off the lots as automakers and dealers alike prepare for a day when prices go up by as much as $7,500 after Sept. 30. Sales of used EVs in particular have boomed as buyers took advantage of a tax discount up to $4,000. 

Now that all of that is going away, what should you know about scoring a great EV deal while you still can?

Luckily, we here at the InsideEVs Plugged-In Podcast are here to help. Our main event this week is my interview with David Undercoffler, the head of content at Autolist Inc. and head of consumer insights at car-buying website CarGurus.com. Dave and I go way back, and I’m always thrilled to hear his insights about the world of car-shopping. I think you’ll find them useful, too. 

Also on deck this week: my co-host Tim Levin and I discuss Porsche’s retreat from making battery cells in-house, and Stellantis throwing in the towel on its homemade Level 3 (hands-off, eyes-off) automated driving plans. Meeting the future is hard, unfortunately. But each of these companies has their own valid reasons for slowing down—even if there’s a cost to be incurred later. 

The show drops every Friday and is available on Spotify, Apple Music, YouTube and wherever you listen to podcasts. 

And let us know: Who else do you want to see interviewed on the show? What questions can we answer about the EV world? We are here for you. 

Drop us a line: podcast@InsideEVs.com.

Past Podcast Episodes

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