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4xe EV Tax Credit

catsartcox

Well-known member
Reading the article linked below makes it real concerning if a Grand Cherokee 4xe ( or any 4xe buyer ) will get any EV tax credit by the time this thing ships.
The new bill proposed ( as apart of the Build Back Better bill ) will make it that very few plug in hybrids are eligible; they have to have no more then a 2.5 Gal gas tank to get anything at all....and even then, the Battery Capacity in the 4xe Jeep does not meet the new minimum capacity requirement of 40 kWh.

Not trying to get political, but I am not sure we can bet on an EV tax credit being here buy the time we all get our 4xe Grand Cherokee's. I was looking to that possible 7.5k capital cost reduction on the leases that I see folks get.

My only hope is if they do pass it, possibly early next year, it would not impact the 2022 tax year. Whereas we would all have one extra year to make purchase decisions.

The second I am allowed to; I plan to put an order in for a Silver Summit Reserve 4xe.

Link to the article: https://www.forbes.com/wheels/news/ev-incentive-hike-faces-tortuous-path-through-congress/
 

catsartcox

Well-known member
I have sent an e-mail to both my senators asking them to re consider eligibility for PHEV's. Again not wanting to get political, but I encourage any one looking into the 4xe line to also reach out and say something.

and typo in my last response: by* not buy


Another Edit: Well, I am reading more trying hard to understand many many pages of this bill, and this credit might actually be split into multiple sections. Where as a 4xe Grand Cherokee might qualify for 3 of the 4 sections and get up to 9k. It is the Fuel Tank Size and Battery size the holds it up from the last section that yields the last 3.5k

So maybe I should ask if anyone smarter then me in law knows exactly what is up with the credit and PHEVs?
Thanks!
 
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