Automotive

The Age Old Question: SUV or Car

The “S” in “SUV” stands for “Sport”, so the only real test of an SUV is how far it can kick, throw, or carry a ball without being tackled by another SUV. ⚽️🏀🏈⚾️
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The Age Old Question: SUV or Car

🤫🧢 One of the lesser-mentioned tax credit rules that started on January 1 is a cap on the total price per vehicle.

🤑🚙 The full $7,500 tax credits are only available to cars priced at $55K and under, while SUVs can cost up to $80K and qualify.

🙋‍♂️🚗 General Motors has called up the US Treasury to help them see the SUV-like features of the $63K Cadillac Lyriq, despite existing rules that classify it as a sedan.

🔋🤨 Tesla and VW are also dealing with what they consider misclassification.

👎🪖 A Treasury spokesperson defended the delineation criteria. The department is still on track for final decisions in March.

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