Electric vehicle tax credits 2024 and 2025: What Virginians need to know
Federal EV tax credits in 2024 top out at $7,500 if you’re buying a new car and $4,000 if you’re buying a used car, while the bank or the automaker’s finance company can take a $7,500 tax credit for EV leases, but may discount your lease accordingly. If you want to skip the fine print,…