GM and Ford discovered a loophole to keep offering the $7,500 EV tax credit, despite the incentive officially ending ...
While the two Detroit automakers work on a way to preserve that $7,500 discount, there will be a catch if you’re looking to ...
Ford and GM reviewed the new programs with officials from the Internal Revenue Service before putting it into action, Reuters ...
Ford and GM are working with their dealer networks to introduce programs that would essentially extend consumers a $7,500 ...
Tax credit eligibility applies to retail leases only, according to documents outlining Ford's program obtained by the Detroit Free Press.
Ford and GM launched programs letting dealers extend the $7,500 federal EV tax credit on leases beyond its September 30 expiration. The financing arms will cover down payments so leases still benefit ...