End of EV Tax Credits coming?

Then all roads should be toll roads?

 

My understanding is that the tax credit will continue for coal burning cars.

 

I don't understand the toll road comment. The vast majority of roads are paid for by several indirect-use taxes (e.g. gas, registration, etc.). Some of those, however, are use-tax based (tolls). Either way, they need to be paid for *shrug*.

 

I agree... no government subsidies for just about anything (child adoption is one that should stay... there are already to many kids in permanent foster care awaiting adoption that will never come because without the subsidy a large percentage of the population couldn't afford to adopt).

 

see, everyone has their favorite subsidy.

 

Got to pay for those tax cuts to larger corporations and the wealthy some how.

That isn't evidence of the people being against plug ins, but evidence that Southeast Toyota doesn't want them. Likely for fear of losing income from their service departments.

A commenter to the OP article says some were.

It is the inverse to sin taxes on cigarettes and alcohol.

The federal gas tax hasn't been increased in decades. It no longer covers the fed's costs for the roads. The shortage is covered by our income taxes.

There is a move to increase the fuel tax though.

 

All this talk of a $7,500 credit got me thinking. I would need a HUGE pay raise to get the full amount. Last year's tax bill was about $2,000. If I earned enough to qualify for the whole amount, I don't think I'd worry one way or the other about that $7,500.

 

The Prime tax credit is $4502.

#1 in Easley,SC

 

Thanks for the clarification. I'd take whatever credit was offered, but if I was in the market for a new car, I think I'd be very likely to get a Prime, credit or no.

 

One of the reasons that leasing is popular with plug ins is that the lease company gets the full credit, and uses its value to lower the customers payments regardless of what their tax liability is.

For those buying, and can take the full amount, it is enough for them to consider a plug in over the ICE car they likely would have bought instead. The credit brings the Prime's effective starting price down to that of a Prius Two or Three. Other incentives can make it cheaper than the liftback. Without the tax credit, people who got the Prime might have gotten a Prius or something else instead.

 

What do you mean by they are against EVs? They just don't want one, or are upset that they are on the road?
I live in SoCal and when I bought mine no dealers had one, but that was because demand was bigger than supply.
I am still surprised how few are on the road here given the benefits of owning one. Mostly I see Telsa's here.

 

Dealers can't order them because Southeast Toyota Distributors tie the dealers hands from being able to order the cars themselves. Apparently individual orders are to much of a hassle for the customer and dealer to deal with. I have heard a few going to the northeast to get Primes because of the Toyota incentives available, which aten't available in the southeast either.

#1 in Easley,SC

 

It would be very cool to see a map of the U.S., showing regional Prime sales! My limited experience in Anaheim, Costa Mesa, Newport Beach, Garden Grove, and Huntington Beach, with jaunts to Pomona, Bakersfield, and Lancaster, has shown me almost as many Primes as Gen4's, tons of regular Prii, many Teslas, and an outrageous number of Stupid Useless Vehicles and trucks!! America has completely forgotten the gas lines; our national government seems poised for a kamikaze approach to our energy/environment problems. Maybe that's why "problems" are now called "issues"; find a decent pile of sand, firmly insert head, and hope for the best!!

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Just saying the auto industry is heavily subsidized via taxation that build roads where cars drive. Apparently you would like to eliminate these subsidies. Actual road users pay less than half the cost of roads due to other taxes on non-road users. One example: The True Costs of Driving - The Atlantic

 

considering that toyota just upped the ante to try and move more primes in cali, something like this could be the death knell.

 

I can look on Autotrader right now, and see 8 Primes in a 400 mile radius and about half are used or certified for the same price as new! SMH

#1 in Easley,SC

 

Didja notice oil is now sneaking up to $55/barrel?! Here we go again.....waiting to hear the squeal of the gashogs!!

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i'm all in!

 

Tolls are pretty steep in the D/FW area, but they can't cover the costs, especially since NTTA has the desire to pave everything in sight.

NTTA (North Texas Tollway Authority) does not receive tax dollars but sold bonds, taking on billions of dollars in structured debt, to help keep traffic moving. In 2016, 55 percent of what drivers paid to use the roads, or $369.7 million, went towards repaying nearly $10 billion in outstanding debt.

wfaa.com | Tollway drivers paying for roads, past and present

Posted via the PriusChat mobile app.

 

Guess we should end all subsidies then! Including those to big oil!