The Official: Automotive enthusiast thread

Took Corvette out of winter storage and airing up tires. Wife’s Wrangler relegated to the 3rd car stall in driveway😬

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the first production car fitted with a touch screen was the 1986 Buick Riviera.

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Why are the new Colorado and Canyon full size trucks now.
The current ranger is the size of an f150 of the late 90s, guess that’s why the Maverick and Santa Cruze are a thing now, at least in the states…rumor has it that Toyota plans on making a competitor known as the Stout. Shoot the ridge line exist lol
 
Full $7500 credit:
2022-2023 Chrysler Pacifica PHEV
2022-2023 Ford F-150 Lightning (Standard and Extended Range)
2022-2023 Lincoln Aviator Grand Touring
2022-2023 Chevrolet Bolt and Bolt EUV
2023-2024 Cadillac Lyriq
2024 Chevrolet Silverado EV
2024 Chevrolet Blazer
2024 Chevrolet Equinox
2022-2023 Tesla Model 3 Performance
2022-2023 Tesla Model Y AWD
2022-2023 Tesla Model Y Long Range AWD
2022 Tesla Model Y Performance


Partial $3750 credit:
2022-2023 Jeep Wrangler 4xe PHEV
2022-2023 Jeep Grand Cherokee 4xe PHEV
2022-2023 Ford E-Transit
2022-2023 Ford Mustang Mach-E (Standard and Extended Range)
2022-2023 Ford Escape PHEV
2022-2023 Lincoln Corsair Grand Touring
2022-2023 Tesla Model 3 Standard Range RWD


No longer eligible:
2023 Audi Q5 TFSI e Quattro PHEV
2021-2023 BMW 330e PHEV
2021-2023 BMW X5 xDrive45e PHEV
2023-2024 Genesis GV70
2021-2023 Nissan Leaf (multiple variants)
2022-2023 Rivian R1S and R1T
2023 Volkswagen ID.4 (multiple variants)
2022-2023 Volvo S60 (multiple variants)




Ten electric or plug-in hybrid vehicles will be eligible for a $7,500 U.S. tax credit, while another seven could get $3,750 under new federal rules that go into effect on Tuesday.

But under the Treasury Department rules and other provisions of last year's Inflation Reduction Act, most of the more than 60 electric or plug-in hybrids on sale in the U.S. won't get any tax credits.

That could slow acceptance of electric vehicles and could delay reaching President Joe Biden's ambitious goal that half of new passenger vehicles sold in the U.S. run on electricity by 2030.

The new rules, which govern how much battery minerals and parts can come from countries that don't have free trade agreements with the U.S., bumped nine vehicles off the tax credit eligibility list that went into effect Jan. 1.

The 10 vehicles eligible for the full $7,500 credit are:

  • Tesla's Model 3 Performance model.
  • Tesla Model Y.
  • Ford F-150 Lightning pickup.
  • Chrysler Pacifica plug-in hybrid.
  • Lincoln Aviator Grand Touring plug-in hybrid.
  • Five General Motors models, including its top-selling Chevrolet Bolt and Bolt EUV along with the Cadillac Lyriq, the Chevrolet Silverado electric pickup, and the upcoming Chevy Equinox small SUV.

The seven models that could get a $3,750 credit include the Jeep Wrangler and Grand Cherokee plug-ins, Ford's Mustang Mach-E SUV, Escape plug-in and E-Transit electric van, the Lincoln Corsair Grand Touring plug-in, and the standard range rear-wheel-drive version of Tesla's Model 3.

Consumers can check to see if the EV they're considering is eligible for a credit at www.fueleconomy.gov.

To be eligible, electric vehicles or plug-ins have to be manufactured in North America. SUVs, vans and trucks can't have a sticker price greater than $80,000, while cars can't sticker for more than $55,000. There also are income limits for buyers.

The Treasury Department says the new list shows that families who want to buy an electric or plug-in vehicle "will continue to have a number of options to receive a full or partial tax credit in the near term" under rules designed to build electric vehicle production and a supply chain in the U.S.

The reduction in eligible EVs also could conflict with the administration's proposed strict new automobile pollution limits announced last week. The new standards would require up to two-thirds of new vehicles sold in the U.S. to be electric by 2032. That's a nearly tenfold increase over current electric vehicle sales.

Many of the vehicles that aren't eligible for the credit are made outside of North America, but their manufacturers are building assembly and battery plants in the U.S., and more vehicles will become eligible.

Some auto industry analysts say that while $7,500 would be enough to entice people away from internal combustion vehicles, a $3,750 tax credit might not be enough to offset the average U.S. new EV price.

Kelley Blue Book says the average U.S. new EV costs about $58,600, nearly $10,000 more than the average new vehicle price. To be sure, average EV prices are falling as more people buy less-expensive models. The average EV price was $63,500 a year ago.

Jeff Schuster, executive vice president of LMC Automotive and Global Data, said half of the full tax credit isn't enough. "You're shrinking the market essentially by the vehicles not being affordable," he said, adding that the average combustion engine vehicle isn't affordable either.

The big issue in the rules that are effective Tuesday are limits on the percentage of battery parts and minerals that come from countries that don't have free trade or mineral agreements with the United States.

This year, at least 40% of the value of battery minerals must be mined, processed or recycled in the U.S. or countries with which it has trade deals. That rises 10% every year until it hits 80% after 2026.

Also, at least 50% of the value of battery parts must be manufactured or assembled in North America this year. That requirement rises to 60% next year and in 2025 and jumps 10% each year until it hits 100% after 2028.

In addition to the price limits, there also are income limits aimed to stop wealthier people from getting credits. Buyers cannot have an adjusted gross annual income above $150,000 if single, $300,000 if filing jointly and $225,000 if head of a household.

In addition, starting in 2025, battery minerals cannot come from a "foreign entity of concern," mainly China and Russia. Battery parts cannot be sourced in those countries starting in 2024; minerals can't come from those countries in 2025.

The Biden administration said rules governing that requirement are in the works.

Even though the rules are effective Tuesday, the Biden administration is taking public comments, and they can be modified later, including the addition of countries that negotiate trade agreements with the U.S.