Was that true in 2023? Don’t know just what my friend told me when he bought his model 3 a few months ago. He decided to pull the trigger on it because it was the same price as a brand new camry
Sadly it is 2024 now. Very few vehicles qualify for the tax credit now. The ones that do qualify tend to be the high end models that are hard to keep under the price cap—you need to special order the no-options model and hope there aren’t too many dealer fees. Good news for Chevy is that the Bolt qualifies. Bad news is that they stopped making it and no other Chevy made the cut.
Seeing price comparisons like always make me feel like I'm living in a very different place. Here (in Canada), a base Camry currently starts at $36k (with the base hybrid starting at $38k) and a base Model 3 is $51k after the $5k federal tax credit.
