Trying To Buy An EV Before The Tax Credit Ends? You Just Got Some Extra Time

• The IRS is giving some wiggle room to buyers who don't take delivery of their new EV by the federal tax credit's expiration date of September 30.
• As long as a buyer signs a binding contract and puts down a deposit by September 30, the U.S. government will recognize the sale and allow for the tax credit to be applied.
• Ultimately, this will benefit buyers who already know what they're buying and just can't get it in time.