01 Dec '17, 3pm

If you plan to buy an electric car, you should do it this month

John Voelcker Dec 1, 2017 Follow John Add to circle 2017 Nissan Leaf Enlarge Photo Common wisdom has it that the last few days of any calendar year are the best time to buy a car. Not only are franchised dealers and their salespeople seeking to close out the month with a bang, but it's the end of a year and their allocation of cars next year can depend on how many they sell this year. In other words: bargains may be there for the taking. DON'T MISS: Senate tax plan leaves electric-car purchase credit in place But this year, there may be another reason to buy a plug-in electric car by December 31. It's possible that the U.S. income-tax credit of $2,500 to $7,500 for buying a plug-in car may be ended if Congress manages to pass a "tax reform" bill. Of the two drafts for a tax bill introduced in recent weeks, the one from the House of Representatives ended the credit as of th...

Full article: https://www.greencarreports.com/news/1114098_if-you-plan-...

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