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Old 05-13-2019, 03:50 PM   #7 (permalink)
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Originally Posted by Hersbird View Post
It's not $1000 more to register an EV, it's $1000 although I do think the regular cars are only $150. And there is also a 6.25% sales tax on gasoline there so at $3/gallon it's another .18. Still it makes the EV about $550/year higher than the average car but they also give you $4000 when you buy it in the first place. So you get 8 years no extra cost and then $550 more per year after.
  1. See my math: $1000 EV registration - $149 ICE registration = $851 more for the EV
  2. Illinois has a 6.25% sales tax on gas. What is the tax on electricity?
  3. Where are you getting the $4,000 from. I don't see any Illinois EV tax credit.
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