Audi
, BMW, Genesis, Rivian, Volkswagen, and Volvo all lose their federal incentives as part of the new rules. Kia, Nissan and Hyundai models also no longer qualify. "The tax credit eligibility changes on certain vehicles will most likely confuse consumers further in the short term," Tony Salerno, vice president at J.D. Power, told"Each brand will have to work even harder to educate consumers on not only the up-front cost of each vehicle, but the total cost of ownership difference to alternatives. That's much more calculus than consumers are accustomed to – or may want to work though.
For 2023, the following vehicles are eligible for the full $7,500 credit under 2023 manufacturer's suggested retail price rules:
Tax credits don't pay for that piece of garbage! dems misinformation