Big Beautiful Bill Impacts Plug In Hybrids and EV’s MAJORLY
The big beautiful bill got signed into law on July 4th. And regardless of how you feel about it, there are some things that you need to know as a car shopper. The number one thing is that the federal tax credit on EVs and plug-in hybrids is going away. That means that the $7,500 tax credit that many manufacturers apply as a discount or a rebate for you when you’re leasing a plug-in hybrid or an EV is going away at the end of September. So, what does that mean? Well, if you are considering an EV or a plug-in hybrid on a lease and you want to take advantage of that $7,500, which is a lot of money, then you only have a little less than 3 months to do it. I’m not entirely sure of what details I can speak on here, but let me tell you this. Within hours of that bill getting passed, Mercedes-Benz stepped up to the plate and is giving dealers some extra love to help get these EVs and plug-in hybrids on the road. That’s all I’m going to leave it at. If you’re considering an EV or especially a plug-in hybrid, the time is now because the deals are fantastic. Since Saturday when we learned this information, we’ve already put three of them on the road and they’re going to go fast. So, if you’re interested in a plug-in hybrid or an EV, Mercedes-Benz is stepping up to the plate to make sure that dealers have every opportunity to get these on the road before September 30th. If you’ve been considering one, the time is now. Not because I’m trying to scare you, but because we know with certainty that September 30th, that money goes away. And it’s a lot of money. So, if you’re considering an EV or a plug-in hybrid, I would jump at it while you
Plug in hybrids and EV’s will get much more expensive very soon. The time is now to snatch one up! #bigbeautifulbill #pluginhybrid #ev #mercedes #car #dealership
