Beginning in 2024, everyone under the income limit qualifies for the full $7,500 rebate. It does not matter if you owe less than that in taxes, and you can get it at the time of purchase instead of waiting for next year's taxes.
https://www.npr.org/2023/12/28/12...ford-vw-gm
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expiredDC13 posted Jun 3, 2023 9:12 PM
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edit: For clarification from the wiki: "The tax credit is not refundable, which means one must have federal tax due to take advantage of it. If the tax due is less than the credit amount, one can only claim the credit up to the amount of the tax due."
So lower income people will not get a $7500 refund, it depends on your liability. i.e. A SDer responded about a student being angry in a previous thread that they only got $500 back and not $7500.
Virtually all of the ICE vehicle can be recycled. Generally the only items not recyclable per se will be interior trim - it's mixed plastic and rubber. Engine? steel or aluminum. Gearcases? Steel or aluminum. Body, frame, etc, steel or aluminum. In fact, about 86% of a car can be recycled [recyclenation.com].
Meanwhile your EV will still have a fully and readily recyclable frame and body, just like the ICE. The motor will generally be recyclable. The battery? Not really. Generally batteries and battery packs are not really designed for recycling. Most are just thousands of individual cylindrical cells, that themselves are spiral wound multilayer structures. There's no easy way to separate the materials here. An ICE, you literally rip out the engine with heavy equipment and include it in with any other steel or aluminum - the process is astonishingly easy and quick [youtube.com] with heavy equipment.
Meanwhile, the batteries are generally just shredded [ucsusa.org]. The resulting material is called "black mass" and is placed into a bath of caustic chemicals to leech out the *important* elements. In certain cases, that black mass is first incinerated to burn off plastic and epoxies. Yeah that sounds super efficient and environmental to me.
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Better deal? Wait...better deal?
Tesla Model 3: epa rated 273 range (much less in real world due to 5 cycle testing Tesla does), trash quality, no color options, no home electricity install, 32k
Bolt: epa rated 259 range (much more in the real world due to 2 cycle testing). 19k.
13k difference...hmmm how is the Tesla a better deal?
Tesla is also really badly built as they push these out without quality control, really bad suspension, non-existent service (they won't fix what they should).
the main difference being ignored here is that the model 3 is a pleasant drive... the bolt is not
i know - i know - everyone has an opinion but i own neither but have driven both and the Bolt is an absolute penalty box to drive in direct comparison.
in a vacuum: the bolt is fine, compared with comparable crap boxes it's fine - but it's not comparable with any other (non-leaf) ev im aware of
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the main difference being ignored here is that the model 3 is a pleasant drive... the bolt is not
i know - i know - everyone has an opinion but i own neither but have driven both and the Bolt is an absolute penalty box to drive in direct comparison.
in a vacuum: the bolt is fine, compared with comparable crap boxes it's fine - but it's not comparable with any other (non-leaf) ev im aware of
But that being said, These are 2 different type of cars that address 2 different needs IMO. The BOLT is a hatchback so much more usable space vs the sedan style of the model 3. Also if you do any road trips, the model 3 is the choice out of these 2 cars even if it's an unpleasant one in terms of ride comfort.
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Better deal? Wait...better deal?
Tesla Model 3: epa rated 273 range (much less in real world due to 5 cycle testing Tesla does), trash quality, no color options, no home electricity install, 32k
Bolt: epa rated 259 range (much more in the real world due to 2 cycle testing). 19k.
13k difference...hmmm how is the Tesla a better deal?
Tesla is also really badly built as they push these out without quality control, really bad suspension, non-existent service (they won't fix what they should).
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Share your experience with the Slickdeals community
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