Toyota’s bZ4X Is Priced Below Subaru Solterra But Could Cost You A Lot More | Carscoops carscoops
have already blown past their 200,000-unit allocation, meaning buyers of those companies’ EVs no longer qualify for the $7,500 credit. And it looks like Toyota’s name is about to be added to that list.Toyota bZ4X looks better value than its Subaru Solterra twin, but is it?
A Toyota executive estimated that the firm will run out of credits during the second quarter of 2022. Althoughand its Lexus RZ 450e cousin haven’t arrived in the U.S. yet, Toyota’s credit allocation has been gobbled up by cars likes PHEV versions of the Prius and RAV4. The IRS won’t suddenly turn off the credit tap. It will announce a phasing-out period that is likely to reduce credits available to customers to $3,750 in the second half of this year, to $1,875 in the first half of 2023, and zero dollars thereafter. BZ4X deliveries are scheduled to start this spring, so the first cars might still qualify for the full $7,500 grant.
Subaru, on the other hand, has so far produced almost no cars eligible for the subsidy. Its only electric offering has been the Crosstrek PHEV, which sold in small numbers, meaning Subaru has an estimated 95 percent of its credits still available. The , slightly behind the Toyota, but with a guaranteed $7,500 saving on the table, many EV buyers might think it’s worth the wait.
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