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Buying a new car: To EV or not to EV?

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ViDI Studio // Shutterstock Buying a new car: To EV or not to EV? In 2025, an electric vehicle (EV) can be cheaper to own than a similar gas car if you drive more than 10–12k miles per year, can charge at home, and qualify for remaining tax credits before Sept. 30, 2025. Otherwise, a hybrid/PHEV may offer better economics. Should you go EV in 2025? The federal clean vehicle tax credit can save you up to $7,500 on your EV purchase, but it expire…

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Montana Standard

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Buying a new car: To EV or not to EV?

Wealth Enhancement reports that by 2025, EVs may cost less than gas cars for those driving 10-12k miles/year, due to tax credits and savings over time.

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