GM Volt Forum banner

1 - 8 of 8 Posts

·
Registered
Joined
·
5 Posts
Discussion Starter #1
I was on chevy's site and clicked on the link to show tax credits for the 2018 volt, but I didn't see the volt on the list. Has the federal credit run out for the 2018 model?

Also, I'm in California and wasn't able to find the 2018 volt on that list either.
 

·
Registered
Joined
·
3,179 Posts
The lists probably haven't been updated yet.
 

·
Registered
Joined
·
1,429 Posts
GM still has credits available, they won't run out until next year. The tax credit is based on battery size, I don't know if the formula will change next year but this year the 18.4 KWh battery in the Volt qualifies for the full $7500 Federal credit, the model year of the car doesn't matter it's the battery size. The puny battery in the Prius Prime only qualifies for $4500.
 

·
Registered
Joined
·
1,200 Posts
Check again on Jan 1, 2018 for federal credits. As for CA, I am sure it will be added around the time GM starts shipping 2018 Volts, if they continue to qualify.
 

·
Registered
Joined
·
3,179 Posts
Check again on Jan 1, 2018 for federal credits. As for CA, I am sure it will be added around the time GM starts shipping 2018 Volts, if they continue to qualify.
If you buy one now you should be able to claim any credits available for the quarter you purchase the car in. The IRS master list is a guide only - it doesn't show the 2016 Volt either but if you find one of those still on a dealer lot it would also qualify. CARB is a different story so you'll have to check with them.
 

·
Premium Member
Joined
·
14,156 Posts
The federal tax credit is based on the number of vehicles sold by a manufacturer. The model year isn't relevant. After the limit is reached the full credit is still available for a quarter, after which there is a declining amount of credit available. AFAIK GM has not hit the 200K limit.
 

·
Registered
Joined
·
1,429 Posts
The federal tax credit is based on the number of vehicles sold by a manufacturer. The model year isn't relevant. After the limit is reached the full credit is still available for a quarter, after which there is a declining amount of credit available. AFAIK GM has not hit the 200K limit.
GM and Tesla will both reach 200K early next year, probably in Q1 certainly by Q2.
 
1 - 8 of 8 Posts
Top