expiring ev incentives

Record High: Electric Vehicle Sales Hit 438,000 in Q3 as Buyers Rushed to Beat Expiring Incentives — Photo by Timothy Hulisel

Electric Vehicle Sub‑Niches Expose Costly Incentive Misses?

Yes - missing the $750 federal rebate in Q3 can cost a buyer roughly $5,000 in resale value, as the 438,000 EVs sold that quarter illustrate. The rush to claim the incentive created a scramble that left many first-time owners paying more over the life of their cars.

Record High: Electric Vehicle Sales Hit 438,000 in Q3 as Buyers Rushed to Beat Expiring Incentives — Photo by Wildfire 1775 o

expiring ev incentives

Three Buyers Cut 48% Incentives Using Electric Vehicle Sub‑Niches

Three Buyers Cut 48% Incentives Using Electric Vehicle Sub-Niches In Q3 2023, three buyers cut 48% of available EV incentives by zeroing in on sub-niches, turning a looming rebate cliff into a pricing advantage. The surge to a record 438,000 EVs sold that quarter made the timing trap especially