Remove Buyer Remove Rebate Remove Retail
article thumbnail

New Jersey Phasing Out Sales Tax Exemption For EV Buyers

Carscoops

For the past 20 years, local buyers, leasing, or renting a new or used electric vehicle have been exempt from a 6.625% sales tax. This program provides residents will up to $4,000 in rebates for buying an EV. Over the next three years, this tax break will be phased out and the state will start to prioritize EV incentives.

Buyer 115
article thumbnail

Ford Announces Incentives and Discounts on F-150 Lightning by up to $15,000

Automotive Addicts

By leveraging the Treasury’s advanced EV tax rebate system, Ford is able to reduce the price by $7,500 for the Pro, XLT, and Lariat trim levels. It’s important to highlight that the F-150 Lightning remains eligible for this rebate, unlike many other vehicles. So, what does this mean for potential buyers?

Rebate 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

World record sales tipped for electric vehicles

Drive.com

According to Stocklytics.com , the boom will continue even if retail prices remain significantly higher for electric cars than internal combustion-powered equivalents. The milestone came as the newly-elected NZ Government ended the Clean Car Discount – which included rebates for buyers of electric cars – as of midnight 31 December 2023.

Sales 119
article thumbnail

You Can Buy A New Dodge Challenger For Less Than A Honda HR-V

Carscoops

That’s right, thanks to a combination of factory rebates, as well as dealer discounts , some Dodge dealers are offering as much as a third off the price of their Challengers in order to sell them. Cars Direct reports that the the dealership currently has 111 Challengers in stock, with as many as 38 SXT models priced at $25,000 or lower.

article thumbnail

Fresh calls for national electric-car subsidies in Australia

Drive.com

However, most electric vehicle subsidies – in particular cash rebates – are state-based and the degree to which they vary is significant. Every state in Australia has its own solution for driving electric vehicle uptake, and Polestar is taking the position that this is unfair to buyers. “It

Rebate 85
article thumbnail

These are the most EV-friendly states in Australia

Drive.com

The organisations leading the way on installing chargers are retailers, energy companies, motoring clubs, councils and governments,” Rob Asselman, the Head of Marketing at national EV charging provider Chargefox, told Drive. RELATED: Which states still have incentives for electric cars?

Rebate 97
article thumbnail

Lane watch: The numbers battle involving full-size pickups

Auto Remarketing

This trend could be attributed to rebates and other incentives available on new trucks sitting on dealers’ lots.” Well, Black Book said on Tuesday that the estimated used retail days to turn is now at roughly 57 days. What might happen next in wholesale and retail? “As Previously, J.D. One other note from the wholesale market.