Quote:
Originally Posted by Isaac Zachary
I need to check up again on Tax Credits here in Colorado. It seems like they used to be great but have recently started dropping quite a bit. I was tempted to get a Prius Prime when I got the Avalon. Back then I could have gotten $9,500 total in tax credits. But IIRC, the Colorado tax credit has been cut in half and will probably be cut even further by the year 2024.
When I got my used Leaf I was able to get a Colorado tax credit on it even though it was used. That loophole was quickly fixed after that though.
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It will be interesting to see who has federal tax credits left in 2023. VW should still have some as they had only used 18K credits as of June 2020. (The latest numbers I found)
Telsa and GM are out and Nissan and Toyota are close be being out. I wouldn't be surprised if they start phasing out credits in 2022. Ford isn't far behind.
Toyota and Ford wasted most of their credits on PHEVs with small batteries and partial credits.
The DOE has a good page on State EV incentives and credits:
https://afdc.energy.gov/laws/state