{"id":330,"date":"2023-10-03T08:00:01","date_gmt":"2023-10-03T08:00:01","guid":{"rendered":"http:\/\/ws-srv-php81.in.webmyne.com\/Aacon.io\/?p=330"},"modified":"2023-10-03T08:00:01","modified_gmt":"2023-10-03T08:00:01","slug":"the-tax-benefits-of-purchasing-an-electric-vehicle","status":"publish","type":"post","link":"http:\/\/ws-srv-php81.in.webmyne.com\/Aacon.io\/the-tax-benefits-of-purchasing-an-electric-vehicle\/","title":{"rendered":"The Tax Benefits of Purchasing an Electric Vehicle"},"content":{"rendered":"

Buying an electric vehicle can be an investment, it\u2019s true. Electric vehicles are consistently more expensive than other vehicles, but this is expected to drop over time as manufacturers find ways to make electric vehicles more affordable to build.<\/p>\n

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In the meantime, there are ways to find savings. In fact, you\u2019ll get a break at the gas pump, since a 2020 study<\/a> found that electric vehicle drivers spend about 60% less a year on fuel costs than gas vehicle drivers.<\/p>\n

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An electric vehicle will also get you tax benefits, which can save you significantly in the long run. So what are they? Let\u2019s dive into it.<\/p>\n

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Purchase Incentives<\/strong><\/p>\n

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Ready to purchase an electric vehicle? You\u2019ll get a rebate at the time of purchase in the dealership to make it more affordable under the government\u2019s Incentives for Zero-Emission Vehicles (iZEV) Program. If you purchase or lease a zero-emission vehicle, you could be eligible for the following rebates:<\/p>\n

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