Up until January 1st, 2024, buyers of a new Cadillac Lyriq could take advantage of the $7,500 Federal EV tax credit, but the electric […]
Tag: Credit
Cadillac Lyriq Now Eligible For EV Tax Credit After Classification Update
In mid-January 2023, the US Department of the Treasury and the IRS disclosed new guidelines outlining the qualifications of electric vehicles eligible for the […]
Cadillac Lyriq Not Eligible For $7,500 Federal EV Tax Credit
The Federal EV tax credit is meant to encourage consumers to buy electric vehicles, providing a $7,500 tax break with a qualifying EV purchase […]