Electric Cars For Sale in Phoenix, AZ (2024)

FAQs

What is the incentive for electric cars in Arizona? ›

Federal Credit

Under the Inflation Reduction Act of 2022, the Internal Revenue Service (IRS) offers taxpayers a Clean Vehicle Tax Credit of $3,750 or $7,500 depending on model eligibility for the purchase of a new plug-in electric vehicle.

The price declines are hitting EVs the hardest as choices proliferate and some consumers balk at the chance to go electric. Used EV prices are down 16.6% over the last year. The average price of a 2023 Tesla Model 3 with two-wheel drive has plunged 40% in a year, according to Manheim.

How long will I have to wait? According to our research, waiting times currently stand at an average of 21 weeks; this is roughly the same as it was in April, but a staggering 39% (35 weeks) from the peak in October 2022.

Most dealerships will take care of the tax credit during the purchasing process. If not, you can submit IRS Form 8936 when filing your taxes. Receive your tax credit. The same day from the car dealership, or when you get your tax return.

PHOENIX — The free ride for owners of electric vehicles in Arizona could soon be coming to an end. Members of the House Committee on Transportation and Technology have approved a plan to impose a new $135 annual registration fee on every vehicle that is incapable of operating on gasoline or diesel.

Most last between 10 and 20 years; for context, the average car on American roads is 12.5 years old. The battery life can vary slightly or significantly depending on certain factors. Let's take a look at those factors. EV batteries typically last 10 to 20 years, but certain factors can impact that lifespan.

Charging an electric car can be done at home or at any public charging stations. Fully charging a car can be done in just 30 minutes, or it may take as long as half a day. How big your battery is, or how fast your charging point is may change the time required.

Direct current fast charging (DCFC) equipment offers rapid charging along heavy-traffic corridors at installed stations. DCFC equipment can charge a BEV to 80 percent in just 20 minutes to 1 hour.

“I think a lot of people want to own EVs, but that slightly higher sticker price in terms of the upfront ownership costs, buying the car's a little more expensive. That's a really big variable,” said Stokes. Stokes says that's deterring consumers, even if they'll save money on gas in the future.

There are plenty of reasons not to buy an electric vehicle in 2024: Auto loan rates are high. Despite a recent wave of discounting, many EVs remain pricier than gas-burning cars. And an incomplete network of sometimes glitchy chargers has stoked drivers' “range anxiety” about running out of juice.

Why are EV cars not selling? ›

High prices and a lack of easy-to-find charging stations are major sticking points, a new poll shows.

Single and married filing separately: $150,000. Head of household: $225,000. Married filing jointly: $300,000.

Is now a good time to buy an EV, or should I wait a year or two? From a cost perspective, yes, it is a good time to buy. Federal and state incentives are bringing certain EVs on par with the cost of gas vehicles.

Can I still drive my gasoline car after 2035? Yes. Even after 2035, gasoline cars can still be driven in California, registered with the California Department of Motor Vehicles, and sold as a used car to a new owner.

People who buy new electric vehicles may be eligible for a tax credit of up to $7,500, and used electric car buyers may qualify for up to $4,000. New in 2024, consumers can also opt to transfer the credit to an eligible dealer instead for an immediate discount on the vehicle at the point of sale.

TEP offers rebates for eligible residential customers who purchase a qualifying e-bike. Customers meeting low-income eligibility thresholds are eligible for a $600 rebate*. Those who don't meet income requirements are eligible for a $100 rebate.

Who qualifies. You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV). The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032.