Cars that still qualify for the $7,500 EV tax credit
- Image Credit: James Riswick
Cars that still have the $7,500 EV tax credit
Both Tesla and General Motors have reached the sales threshold (200,000 units) that reduces the federal EV tax credit you can get at purchase. While you still have a few months to get the full $7,500 for a Chevy Bolt or Volt, come April it'll be reduced to the same $3,750 that Tesla has already been reduced to. Both will eventually drop to $1,875 before disappearing completely in 2020.
However, other EVs and plug-in hybrids are still eligible for the full $7,500. Many of them are quite good, and all of them are in this slideshow.
It should be noted that besides the sales threshold, the EV tax credit is determined by vehicle size and battery capacity, which explains why certain plug-in hybrids qualify (Honda Clarity) while others do not (Toyota Prius Prime).
- Image Credit: BMW
BMW i3
Type: Electric or electric with a range-extending gas engine
Base price before tax credit: $44,450
- Image Credit: James Riswick
Chrysler Pacifica Hybrid
Type: Plug-in hybrid
Base price before tax credit: $39,995
- Image Credit: Fiat
Fiat 500e
Type: Full Electric
Base price before tax credit: $32,995
- Image Credit: Autoblog
Honda Clarity Plug-In Hybrid
Type: Plug-In Hybrid
Base price before tax credit: $33,400
(Note: Clarity Electric is lease-only)
- Image Credit: James Riswick
Hyundai Ioniq Electric
Type: Full Electric
Base price before tax credit: $29,815
(Note: Ioniq Plug-In Hybrid is eligible for a $4,543 tax credit)
- Image Credit: Hyundai
Hyundai Kona Electric
Type: Full Electric
Base price before tax credit: TBA
- Image Credit: James Riswick
Jaguar I-Pace
Type: Full Electric
Base price before tax credit: $69,500
- Image Credit: Kia
Kia Soul EV
Type: Full Electric
Base price before tax credit: TBA (2020), $33,950 (2019)
(2020 Kia Soul EV is pictured)
- Image Credit: Nissan
Nissan Leaf
Type: Full Electric
Base price before tax credit: $29,990
- Image Credit: Smart
Smart Fortwo Electric Drive
Type: Full Electric
Base price before tax credit: $23,800
- Image Credit: James Riswick
Volkswagen eGolf
Type: Full Electric
Base price before tax credit: $30,495