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Ford Mustang Mach-E wins Car and Driver EV of the Year award
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Ford Mustang Mach-E wins Car and Driver EV of the Year award
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Father and son face lengthy jail sentences for role in gang which plotted brutal robberies on unsuspecting car buyers from eBay
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New cars launching this week – 14 June 2021
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Published May 08. 2021 12:01AM
By Carla Fried, Rate.com
Given that electric vehicle (EV) sticker prices are expected to fall to a level on par with regular, internal-combustion powered cars in the next few years thanks to the plunging cost of manufacturing EV battery packs there’s a good argument for holding off on an EV purchase.
But if you’re eager to purchase an EV sooner, a good money-saving move is to focus your search on EVs still eligible for a tax credit of up to $7,500. A credit reduces your taxes owed far better than a deduction that reduces the income you pay taxes on. (More below.)