Federal Tax Credits For Plug-In Hybrids, Electric Cars: What You Need To Know

If you want to get a special incentive for driving a hybrid, you’re a few years too late; but a tax credit applies to nearly every electric car and plug-in hybrid on the market and it can, in some cases, effectively reduce your cost for such a model to that of an ordinary gasoline vehicle (or even less). The widely mentioned $7,500 tax credit is…

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