Does the 2023 Kia Sportage PHEV qualify for federal tax credit?
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Finally, the wait to learn more about the Kia Sportage PHEV is over! Now we can really see how it compares to rivals like the Hyundai Tucson PHEV and the Toyota RAV4 Prime. Let’s take a look at how much the
2023 Kia Sportage PHEV costs. The
2023 Kia Sportage PHEV price starts at $39,785, and this price includes the $1,295. The price doesn’t include dealership markups, and the Sportage PHEV no longer qualifies for the federal EV tax credit. The top-spec Sportage X-Line Prestige increases the price to about $44,825. However, we don’t have a detailed list of what comes with each trim yet. You can get started in a 2022
Toyota RAV4 Prime for about $40,300, and the 2022 Hyundai Tucscon PHEV begins at around $35,400. The 2022 Ford Escape PHEV comes in at $35,455. The destination fee isn’t included with these prices. While you can save with the Tucson and Escape, the Sportage may come with enough standard features and power to be worth the extra cash. Yes, the 2023 Kia Sportage PHEV is an excellent SUV to consider. It’s considered to be the current class leader and includes plenty of value. For example, the Sportage PHEV comes with standard all-wheel drive. The Sportage PHEV is powered by a 1.6-liter four-cylinder turbo engine, 13.8-kWh battery pack, and an electric motor that combine to generate 261 hp and 258 lb-ft of torque. It can accelerate from 0 to 6 mph in about 7.2 seconds, which is pretty good. According to Green Car Reports, the Sportage PHEV has an estimated electric range of 34 miles and could get about 80 MPGe. These figures haven’t been confirmed by the EPA. It has the same setup as the Tucson. The Ford Escape PHEV has an electric range of 37 miles and gets an estimated 40 mpg once the battery is depleted. It can reach 60 mph in about 8.7 seconds. When properly equipped, the Kia Sportage PHEV can tow up to 2,500 lbs. It provides 39.6 cubic feet of cargo space behind the rear seat with up to 74.1 cubes total. It offers more cargo space than its rivals. The Sportage PHEV has the highest amount of regenerative braking charge, so more power is returned to the battery. Also, it will recharge while Hill Descent Control is being used. It has 8.3-inches of ground clearance. Does the Sportage PHEV have nice features?Yes, the 2023 Kia Sportage PHEV is loaded with modern tech and luxurious comfort. The 12.3-inch dual panoramic displays provide crucial information for driving, navigation, and entertainment. For off-roading and convenience, you can opt for the available remote parking assist, 360-degree camera, locking differential, and LED headlights. The interior has ventilated seats, a wireless phone charging pad, a heated steering wheel, a panoramic sunroof with a shade, and a smart power tailgate. Standard safety features include high beam assist, automatic emergency brain, rear cross-traffic alert, blind spot warning, lane keeping assist, lane departure warning, driver attention warning, rear parking sensors, rear passenger alert, and safe exit warning. We can’t wait to get behind the wheel to see how the new Kia Sportage PHEV compares to its rivals. Stay tuned for the latest updates. RELATED: The 2023 Kia Sportage Has Cheaper Prices and Off-Roading Trims Is the 2023 Kia Sportage plugUp to $1,000 in tax credits and rebates are potentially available for the Kia Sportage Plug-In Hybrid.
Is there a federal tax credit for purchasing a hybrid?Plug-In Hybrid and EV Tax Credits. Claim a federal tax credit of up to $7,500 for purchasing a new hybrid or electric vehicle (EV) in 2022.
Does the 2022 Kia Sorento Phev qualify for tax credit?The Sorento PHEV may be eligible for a Federal Tax Credit of $6,587, and depending on where you live, you may be able to find even more incentives. There are certainly various state incentives out there to consider, with California in particular offering single rider carpool lane access.
Do hybrids get a tax break?Federal Tax Credit Up To $7,500!
All-electric and plug-in hybrid cars purchased new in or after 2010 may be eligible for a federal income tax credit of up to $7,500. The credit amount will vary based on the capacity of the battery used to power the vehicle. State and/or local incentives may also apply.
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