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GM still has about 140k of those $7500 credits left, so your good for a few years. One thing to make note of, it is not a refundable tax credit, so your total tax liability would have to be at least 7500 to take advantage of the full amount. Just noticed in the title it said "Federal tax Rebate" just making sure you fully understand what the tax credit is relative to a tax rebate (refundable tax credit)
 
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