Thinking of buying an EV? You might want to move quickly
By Chris Isidore | CNN
New York — The best time to buy an electric vehicle may be right now. That’s because a $7,500 federal tax credit could soon disappear.
President-elect Donald Trump has said he will move to eliminate the tax credit, possibly as soon as he takes office. It is even conceivable that the tax credit’s elimination could be made retroactive to the beginning of January, which would give EV buyers only a week left to be certain of locking in the credit.
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