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  • Monday, 18 August 2025
Use This Loophole to Get a $7,500 Tax Credit on Almost Any Electric Car

Use This Loophole to Get a $7,500 Tax Credit on Almost Any Electric Car

Earlier this year, we told you about a tax credit loophole for the Chevy Bolt that allowed you to buy the vehicle a net price of $19,995 after a tax credit, thanks to the Inflation Reduction Act of 2022 (IRA). That loophole has been closed since April after revisions to the IRA tightened its guidance on which electric…

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