zzdcar
Home
/
Reviews
/
Buying
/
It's Come To My Attention That The Ferrari SF90 Stradale Qualifies For The EV Tax Credit
It's Come To My Attention That The Ferrari SF90 Stradale Qualifies For The EV Tax Credit-September 2024
2024-02-19 EST 22:09:32

Image for article titled It's Come To My Attention That The Ferrari SF90 Stradale Qualifies For The EV Tax Credit

The Ferrari SF90 Stradale is a with a price tag . I have good news if you’re in the market for one, as it has just come to my attention that the SF90 Stradale is eligible for the same federal tax credit you used to get when buying a Tesla.

, the SF90 is not eligible for the full $7,500 tax credit, but it is eligible for $3,501, which is sure to factor into your purchasing decision, though the SF90 Stradale isn’t the only electrified vehicle you might consider. There’s also the 2020 Bentley Bentayga Hybrid, , which is eligible for the full $7,500. And there’s at least one budget option available, in the form of the $79,900 Porsche Taycan, eligible for the full $7,500 credit too.

Here is the formula for the credit per the IRS:

Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles including passenger vehicles and light trucks. For vehicles acquired after 12/31/2009, the credit is equal to $2,500 plus, for a vehicle which draws propulsion energy from a battery with at least 5 kilowatt hours of capacity, $417, plus an additional $417 for each kilowatt hour of battery capacity in excess of 5 kilowatt hours. The total amount of the credit allowed for a vehicle is limited to $7,500.

[...]

Manufacturers of the vehicles ... have provided appropriate information and have received from the Service acknowledgement of the vehicles eligibility for the credit and the amount of the qualifying credit.

I don’t know about you, but I for one am happy to live in a country that is trying to get as many electrified Ferraris, Bentleys, and Porsches on the street as possible. This world isn’t going to save itself.

More seriously: It is funny that Ferrari had to lift a finger to get the SF90 Stradale tax-credit eligible, and it actually did.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
At $28,500, Is This Cherry Red 1990 Chevy Corvette ZR-1 Ripe for the Picking?
At $28,500, Is This Cherry Red 1990 Chevy Corvette ZR-1 Ripe for the Picking?
The seller of today’s ZR1 says it’s quicker than the other ZR1 they own, but space limitations are forcing a sale and this is the one they decided must go. Let’s see if it’s priced to make that sale just as quick as the car. Here’s a fun fact:...
Sep 9, 2026
Toyota's New CEO Is All-In On Hydrogen, Despite Everyone Else Focusing on EVs
Toyota's New CEO Is All-In On Hydrogen, Despite Everyone Else Focusing on EVs
As the world , Toyota keeps banging a different zero-emission drum: . Between the and hydrogen-powered concepts with or , the company clearly views hydrogen-powered vehicles as part of our automotive future. Incoming CEO Koji Sato, , seems to agree. True, Toyota has introduced more electrification to its lineup...
Sep 9, 2026
At $47,991, Is This 2011 Lotus Evora Worth Evaluating?
At $47,991, Is This 2011 Lotus Evora Worth Evaluating?
While the Elise was created as a bare-bones and thus uncompromising sports car, today’s Evora was designed as a more thoroughly realized and thus potentially a more universally appealing automobile. Let’s see what concessions need to be made to buy it. The we considered yesterday later sired another interesting...
Sep 9, 2026
The 2024 Acura Integra Type S Has 320 HP, A Stick-Shift and a Widebody
The 2024 Acura Integra Type S Has 320 HP, A Stick-Shift and a Widebody
Here it is: The car you’ve been waiting for. When , — how could this four-door ever stand up to the legendary of the ‘90s? Everyone forgot, of course, that the Integra always came in multiple trim levels. Acura may have skipped the ‘90s base trims for the ‘20s...
Sep 9, 2026
The Acura NSX Type S Got It Right at the Last Minute
The Acura NSX Type S Got It Right at the Last Minute
A car that redeems itself at the last possible moment can really pull at your heartstrings. You’ll wonder why the car wasn’t this great all along — maybe if it had been, it wouldn’t be going away. For me, that car is the . It’s so good it makes...
Sep 9, 2026
At $11,000, Is This 2002 Mercedes SLK 32 AMG Worth Lightening Your Wallet?
At $11,000, Is This 2002 Mercedes SLK 32 AMG Worth Lightening Your Wallet?
For some, the most important aspect of today’s SLK 32 AMG is its fully-functioning top. For others, it’s the 349-horsepower supercharged V6. Let’s see if it’s priced to please both of those factions. Regicide is not a term one hears every day, and in the case of yesterday’s it...
Sep 9, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved