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Aside from a 2,500 to 7,500 federal tax credit depending on the vehicles battery size, people buying or leasing may also benefit from a menu of state incentives, most notably a cash rebate or tax credit, on top of the federal allotment.
Federal Tax Credit Up To 7,500!
It must have a gross vehicle weight rating (gvwr) of not more than 14,000 lbs.If you are eligible for a state rebate or credit, its tantamount to a windfall gain, though you will likely have forms to fill in, and typically will need to front the money you expect to get back.Gov Privacy/Security Feedback Contacts Download EPA's MPG Ratings Find and Compare Cars USA.The Chevy Volt is a compact, so its smaller than midsized plug-in hybrid sedans, but stomps them all in the all-important EV range category, with 53 miles rated range.The credit amount will vary based on the capacity of the battery used to power the vehicle.Alternative Fuel Data Center (afdc our list follows.Naval Academy in Annapolis, among other things, and with up to 3,000 in PEV incentives, it can also be known as one of the better incentive-offering states in the country.Evip Eligible Vehicle and Incentive List.Connecticut 3,000 Cash on the Hood!However if i want freebies uk the credit exceeds your federal income tax liability, you cannot dsire rebates carry the excess forward for use in future years.Unlike the federal rules, the state-level perks are periodically reviewed, changed, and some firebox voucher codes 2014 programs have limits and finite funds, so it is better to investigate and if possible, get while the getting is good.Finally, the vehicle must be new and be purchased rather than leased.Its Hydrogen and Electric Automobile Purchase Rebate Program ( cheapr ) provides up to 3,000 for purchase or lease of a hydrogen fuel cell electric vehicle (fcev or PEV on a first-come, first-served basis.