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[273] [276] The tax credit for new plug-in electric vehicles is worth $2,500 plus $417 for each kilowatt-hour of battery capacity over 4 kWh, and the portion of the credit determined by battery capacity cannot exceed $5,000. Therefore, the maximum amount of the credit allowed for a new PEV is $7,500. [273]
Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid , released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. [183]
Learn how to determine an affordable car payment that aligns with your income, expenses and financial goals using the 20/4/10 rule.
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Experts recommend which kinds of monthly bills you should pay by credit card. Tips: 9 Bills You Should Never Put on Autopay More: 10 Monthly Bills You Should Always Put on Autopay. Monthly Necessities
Credit cards can be a tricky enterprise. On the one hand, you don't want to overuse them or rack up debt, which ends up costing you in the form of high interest and negatively impacts your credit...