Electric vehicle enthusiasts are likely familiar with the $7,500 federal tax credit for purchasing a new EV. That credit1 will eventually be phased out manufacturer by manufacturer as each one’s quota is reached, but it will still be in effect in 2014 and probably well beyond. What won’t be around much … Read more
Your donated used car can help a charity help individuals. You are getting ready to buy a new car and are thinking about trading in your current ride. Or perhaps you have considered selling your car to a private party. Another option is to simply donate your car to a … Read more
It happens. You purchase a new car and wonder if there is a tax break or incentive offered. Here on Auto Trends, we are frequently asked if certain vehicles qualify for a tax rebate or a tax credit, including hybrid electric vehicles. Nissan LEAF buyers can seek a $7,500 tax … Read more
E85 vehicles or flex fuel vehicles (FFV) are select cars, trucks, SUVs, crossovers and commercial vehicles which run on E85 fuel. E85 represents a blend of ethanol and regular gasoline, with 85 percent of the mixture consisting of ethanol and the remaining 15 percent gasoline. Ethanol is developed from a … Read more