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fusionhybridse

Tax Credit

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Hi All,

I could be a potential FFE owner. I know that Federal govt. offers tax credit for FFE (~$4k). I was looking to buy a FFH before, but after looking at the tax incentive, I am tempted to buy FFE.

Is this tax credit already included in the price of the FFE or do we need to claim it when filing taxes ?

If the tax credit is to be claimed later, then I would go for FFE as the both models would cost almost same after tax credit. happy%20feet.gif

Thanks.

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So Tax credit is something that you can claim while filing taxes. You would need to owe at least $4K in federal taxes for this to benefit you. Looks like I am going for FFE over FFH. With all the features I wanted, FFE is more cost efficient when I have tax credit.

Edited by fusionhybridse

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There are benefits to each:

 

FFE - If your commute is short where most of your trips would be in EV, this is a good move and the tax credit makes it more appealing.

 

FFH - If your commute is longer where the HVB would be used up, this is a good move and the larger trunk makes it more appealing.

 

Happy hunting for whichever works best for your needs.

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An FFE would have worked out well for me, but it can't fit my kid's stroller in the trunk, so I went with the FFH.

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