“First and foremost, it’s important to understand three little words the government slips in front of the $7,500 credit – “may” and “up to.” As in, you
may qualify for
up to $7,500 in federal tax credit for your electric vehicle. At first glance, this credit may sound like a simple flat rate, but that is unfortunately not the case.”
MAY qualify for
UP TO $7,500.
Ok. Rivian Truck
starts at $79,500.
So I’m $72k out of pocket (and contrary to your belief you can’t write off a personal vehicle as a business expense).
$80 a month savings in fuel cost.
900 months.
75 years to recoup my money from the gas savings.
I’ll be 126 years old.
Isn’t it better for the planet for me to just keep my Tacoma rather than having a whole nuther car built?
Can’t afford gas? Buy this $80,000 electric truck. You‘ll “save money”.
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