2017 FIAT 500e Review

Under the Inflation Reduction Act of 2022, the Internal Revenue Service (IRS) offers taxpayers a Used Clean Vehicle Tax Credit equal to 30% of the sale price up to a maximum credit of $4,000 for the purchase of a used plug-in electric or hydrogen fuel cell vehicle. Beginning January 1, 2024, Clean Vehicle Tax Credits may be initiated and approved at the point of sale at participating dealerships registered with the IRS. Dealers will be responsible for submitting Clean Vehicle Tax Credit information to the IRS. Buyers are advised to obtain a copy of an IRS "time of sale" report, confirming it was submitted successfully by the dealer. Not every version of the vehicle models will necessarily qualify. Please check with the dealer/seller to determine the eligibility of your specific vehicle.

For the vehicle to qualify:

• Price cannot exceed $25,000.
• Need to verify the Vehicle Identification Number (VIN).
• Must be at least two model years older than the current calendar year in which the vehicle was purchased.
• Must be sold through a dealership, private sales not permitted.
• Not have already been transferred after August 16, 2022, to a qualified buyer.

For individuals to qualify:

• Must meet income eligibility, depending on modified adjusted gross income (AGI) and tax filing status.
• Must not be the first owner of the qualifying vehicle.
• Has not been allowed a credit under this section for any sale during the 3-year period ending on the date of the sale of such vehicle.
• Purchased for personal use, not a business, corporation or for resale.

To learn more, visit https://www.irs.gov/credits-deductions/used-clean-vehicle-credit

Los Angeles Department of Water & Power offers EV owners a rebate of up to $1000 towards the installation and cost of a Level 2 charging station.

To qualify for this rebate, the customer and/or charging station must meet the following requirements:

• Receive electricity from Los Angeles Department of Water & Power.
• Have purchased or leased an electric or plug-in hybrid vehicle.
• Income-eligible customers participating in LADWP's Senior Citizen/Disability Lifeline or EZ-SAVE programs are eligible for an additional $500 rebate.

To learn more, visit https://www.ladwp.com/residential-services/programs-and-rebates-residential/electric-vehicles-evs/residential-ev-charging-station-rebate-program

The South Coast Air Quality Management District (SCAQMD) through the Residential EV Charging Incentive program offers income qualified residents a rebate of up to $500 towards the cost of purchasing an eligible Level 2 (240V) charger. Covers up to $500 or the amount paid for the charger, whichever is lower. To qualify:

• Income eligible applicant must currently reside within the jurisdiction of the SCAQMD.
• Participant must show proof of income eligibility by either showing participation in CARE or FERA utility assistance rates or having a current CalWORKS or TANF membership.
• Must be an eligible new Level 2 charger that is wall-mounted, hard-wired and permanently installed by a licensed electrician for use for a minimum of three years.
• Limit of one rebate per individual, household, address, and/or vehicle (VIN).

To learn more, visit SCAQMD Residential EV Charging Incentive

To learn more, visit https://treehouse.pro/edmundsdiscount/