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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
The act did allocate money, however, to equip government agencies with more efficient vehicles, created a grant program for diesel owners wishing to outfit their cars with cleaner burning technology, and added a significant tax incentive program for plug-in hybrids. [4]
All fully-electric cars with a retail price under $90,000 qualify. The Department of Commerce estimates 6,500 to 8,000 rebates will be given out between the program’s start and June 2025, when ...
The city is the first in the Southwest with a national community EV car-sharing program. It's $5 per hour or $50 per day plus tax to rent the cars. Low-income residents get an extra 20% off.
A new program in Centre County will pay for vehicle repair costs related to COVID-19. The program will pay for vehicle repairs not to exceed Kelley Blue Book value of the vehicle, for low-to ...