https://www.fueleconomy.gov/feg/taxevb.shtml
This is true. I almost forgot about the rebates since our state doesn't have any special ones and Tesla and Chevy don't qualify for federal rebates anymore. I really am an econ at heart so I like my cheap models so thrills probably need to be factored individually. Interesting enough it was hard to find cheap car EVs instead of huge SUV EVs and luxury models. Maybe the better question is if you should buy a plug in hybrid or an EV. After all I do actually do a lot of 250 mi+ trips one way and charging is required.
Of the poor boy models (ones that cost less than 35k)(that I consider reliable):
*Had to leave the bolt out because of the fire and they don't qualify for fed rebate.
15000 miles per year, using the Fed websites 12.64c/kWh and $3.36/gallon, $100 reg Hybrid, $200 reg EV. Also, they assume plug ins are 50/50 use on gas an e.
Prius Prime 24.8k (after credit): $810
133mpge : 54mpg
Hyundai Ioniq Plug In 23.3k (after credit): $850
119mpge : 52mpg
Hyundai Ioniq EV 26.8k (after credit): $680
133mpge
Kia Niro EV 33.7k (after credit): $770
112mpge
Kia Niro Plug In 26.3k (after credit): $950
105mpge : 46 mpg
Nissan Leaf S Plus 62kWh 25.9k (after credit): $790
108mpge
Looks like the best EV is $130 cheaper to drive per year with an extra initial cost of only $2000. Ignoring depreciation and reliability since they are both pretty good cars and will be new enough for the first owner to not need anything it will still probably take a while to pay off the EV addition.
If I use the same numbers but $2.75/gal and 13.5c/kWh the delta goes to $710 and $740.
Looks like if they come out with a Prius Prime that had a $7500 rebate eligible battery capacity and no more that would be the golden ticket. Still don’t see a pure EV as the way to go as when gas was 1.60 here a year ago electricity was also 8.0c/kWh so the prices seem tied together. Unless I just wanted a fun luxury car with no care for cost then Tesla is a good choice.
Anyways back to towing.