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New Jersey

Voltaire2

(15,019 posts)

1. You got a $7500 federal tax credit, and a $4000 state credit.

Reply to 3Hotdogs (Original post)

Sun Sep 22, 2024, 10:37 AM

Sep 2024

Yes it is stupid that they are sticking a $250/yr road use tax on your registration, we really do need to stop using ICE vehicles, but states have to maintain roads and that is massively expensive.

It will be 16 years before the road use tax equals your state credit.

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Think. Again.

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Our state gub'mint. So they want to encourage everyone to get an E.V. Today's Ledger: Ya buy one and ya get a credit, [View all] 3Hotdogs Sep 2024 OP

You got a $7500 federal tax credit, and a $4000 state credit. Voltaire2 Sep 2024 #1

And that $250 is in place of the road tax EV drivers DON'T pay at the gas pump. Think. Again. Sep 2024 #5

Im a senior in NJ and would love to have an EV. Squaredeal Sep 2024 #2

The point is, it's like two sides, working against the middle. 3Hotdogs Sep 2024 #4

That road use tax would be paid on the gas price at the pump if you drive gas car. Think. Again. Sep 2024 #6

well there might be. Voltaire2 Sep 2024 #9

I agree... Think. Again. Sep 2024 #10

There is a was to reduce usage tax in Virginia arlyellowdog Sep 2024 #3

That makes sense, most new cars have GPS systems that could figure that out. Think. Again. Sep 2024 #7

Wow! $12,500 toward buying a new Electric vehicle! 70sEraVet Sep 2024 #8

The $250 is counteracted by the lack of gasoline tax that EV drivers don't pay. Think. Again. Sep 2024 #11

I understand that. 70sEraVet Sep 2024 #13

Or a least enforce muffler noise level regulations. Think. Again. Sep 2024 #12