![]() Buyers with an average 30-mile commute who plug the car in to recharge the battery pack every night (a process that can take up to 10 hours using a normal household outlet) are likely to find themselves going a very long time between visits to the gas station.ĭrivers with a 60-mile commute - not to mention those who want to use the Volt for roadtrips - will find themselves exceeding the car's all-electric range and utilizing the gasoline-electric hybrid system that returned 35 mpg in a year of Edmunds testing. Practically speaking, this means the car's actual fuel economy depends greatly on how it's driven. In the Volt's case, this four-seat hatchback can travel about 38 miles on battery power alone, whereupon the 1.4-liter four-cylinder gasoline engine pitches in to generate electricity that can extend the car's range to about 300 miles. In simple terms, a plug-in hybrid runs on pure electric power for a given distance, then switches over to a gasoline-electric powertrain similar to that of regular hybrids. The Volt belongs to a new class of environmentally-friendly models known as plug-in hybrids. In some ways, it's actually better than an electric car. The 2013 Chevrolet Volt is not an electric car. Purchased for personal use, not a business, corporation or for resale.Has not been allowed a credit under this section for any sale during the 3-year period ending on the date of the sale of such vehicle.Must not be the first owner of the qualifying vehicle.Must meet income eligibility, depending on modified adjusted gross income (AGI) and tax filing status.Not have already been transferred after August 16, 2022, to a qualified buyer.Must be sold through a dealership, private sales not permitted.Must be at least two model years older than the current calendar year in which the vehicle was purchased.Need to verify the Vehicle Identification Number (VIN).Beginning Januunder the Inflation Reduction Act of 2022, the Internal Revenue Service (IRS) offers taxpayers a Used Clean Vehicle Tax Credit equal to 30% of the sale price up to a maximum credit of $4,000 for the purchase of a used plug-in electric or hydrogen fuel cell vehicle.
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