What you need to know about the expiring EV tax credit
IRS: Binding contract, down payment needed by Sept. 30
The IRS has made it clear that lenders and dealers must ensure customers sign contracts and make a down payment toward purchasing EVs by Sept. 30 to take advantage of the federal EV tax credit before it expires. Acquisition of an EV by Sept. 30 must include a written, binding contract and a nominal down […]
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