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The $7,500 federal tax credit is gone. The Trump administration has paused a $3 billion plan to improve our charging infrastructure. Is 2026 the worst year ever to buy an EV?
No. In fact, it’s the best year to go electric for three reasons:
1. Many automakers are heavily discounting their EVs to make up for the lost tax credit (the Audi E-Tron GT is $25,000 off).
2. Dealers are generally keen to get rid of their EVs, leaving room to negotiate.
3. EVs are better than ever, with the Tesla Model Y and Hyundai Ioniq 5 getting major range and performance upgrades.
– Chris Butsch, Founder and Chief Car Negotiator, MyWHEELTOR.com