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Showing posts from June, 2023

Can you claim Section 179 and EV tax credit?

-----------------------------------------   Can you claim Section 179 and EV tax credit? Can you claim Section 179 and EV tax credit? If you are a business owner who purchased a new or used vehicle for your business in 2022, you may be wondering if you can claim both the Section 179 deduction and the electric vehicle (EV) tax credit. The answer is: it depends. The Section 179 deduction allows eligible businesses to deduct the full cost of qualifying equipment and machinery, including vehicles, up to a certain limit. For 2022, the limit is $1.05 million, with a phase-out threshold of $2.62 million. However, not all vehicles are eligible for the full deduction. Generally, the vehicles must be used more than 50% for business purposes and meet one of the following requirements: - Have a gross vehicle weight rating (GVWR) of more than 6,000 pounds - Be a passenger vehicle with a GVWR of 6,000 pounds or less that is either a taxi, a cargo van, or a vehicle with a cargo area of at least...

How long does it take to order a Volvo from the factory?

How long does it take to order a Volvo from the factory? If you are looking for a new Volvo that matches your exact preferences and specifications, you might be wondering how long it takes to order one from the factory. In this blog post, we will answer some of the most common questions about Volvo factory orders and help you decide if this option is right for you. What is a Volvo factory order? A Volvo factory order is when you place an order for a new Volvo vehicle with your local dealership and have it custom-built at one of Volvo's factories in Sweden, Belgium, or the United States. You can choose from a wide range of colors, packages, and features to create your ideal Volvo. Why order a Volvo from the factory? Ordering a Volvo from the factory has several advantages over buying one from the dealer's inventory. Some of the benefits are: - You get exactly what you want. You don't have to compromise on the color, trim level, or options that you desire. You can also add ...

Volvo EX30 – It’s the little things

Do any Volvos qualify for Section 179? Is Volvo C40 Hybrid or electric?

Do any Volvos qualify for Section 179? Is Volvo C40 Hybrid or electric? If you are a business owner looking for a tax deduction on your vehicle purchase, you might be wondering if any Volvos qualify for Section 179. Section 179 is a provision of the IRS tax code that allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. This means that if you buy or lease a piece of qualifying equipment, you can deduct the full purchase price from your gross income. One of the criteria for qualifying for Section 179 is that the vehicle must be used for business purposes more than 50% of the time. Another criterion is that the vehicle must meet certain weight and size requirements. According to the IRS, the following types of vehicles qualify for Section 179: - Heavy SUVs, trucks, and vans that have a manufacturer's gross vehicle weight rating (GVWR) above 6,000 pounds - Vehicles that can seat nine or more passengers be...

How long does it take to order a Volvo from the factory?

How long does it take to order a Volvo from the factory? ------- How long does it take to order a Volvo from the factory? If you are looking for a new Volvo that matches your exact preferences and specifications, you might be wondering how long it takes to order one from the factory. The answer depends on several factors, such as the model, the options, the availability, and the location of the factory and the dealership. In this blog post, we will explain the steps involved in ordering a Volvo from the factory and give you some estimates of how long you can expect to wait for your custom-built car. The first step to order a Volvo from the factory is to visit the Volvo official website and select your country. This will help you access the local retailers and dealers, as well as the available models and options for your region. You can also browse through the inventory of existing cars at nearby dealerships and see if any of them meet your needs. If you want to customize your Volvo, yo...

How long is the wait for a Volvo C40?

If you are looking for a stylish and sustainable electric crossover, you might be interested in the Volvo C40 Recharge. This is Volvo's first pure electric crossover with a leather-free interior and Google built-in. It offers quick acceleration, a sleek exterior look, and a thoughtfully designed cabin. In this blog post, we will review some of the features and specifications of the C40 Recharge and compare it with some of its rivals. The C40 Recharge comes with two powertrain options: a Single Motor rear-wheel drive model with 248 hp and an estimated range of 297 miles per charge, and a Twin Motor all-wheel drive model with 402 hp and an estimated range of 257 miles per charge. Both models use a 79.0-kWh battery pack that can be fast-charged from 10% to 80% in 37 minutes. The C40 Recharge can accelerate from 0 to 100 km/h in 4.7 seconds for the Twin Motor model and 6.6 seconds for the Single Motor model. The C40 Recharge has a slimmed crossover silhouette with vertical LED rear lig...

How fast does Volvo C40 AC charge?

One of the most important features of any electric vehicle is its charging speed. How fast can you replenish the battery and get back on the road? In this blog post, we will explore how fast the Volvo C40 can charge using an AC charger. The Volvo C40 is a compact crossover SUV that offers a sleek design, a spacious interior, and a range of advanced technologies. It is also one of the first electric vehicles to be designed as such from the ground up, rather than being based on an existing combustion engine model. The C40 has a 78 kWh battery pack that provides an estimated range of 420 km (261 miles) on a single charge. The battery pack consists of 27 modules, each containing 12 pouch cells. The battery pack is liquid-cooled and has a thermal management system that ensures optimal performance and longevity. The C40 supports both AC and DC charging. AC charging is the type of charging that you can do at home or at public charging stations that use a standard plug. DC charging is the ty...

Which Volvo cars qualify for tax credit?

----------------------------------------- If you are looking for a new car that is environmentally friendly and also saves you money on taxes, you might be interested in Volvo's range of plug-in hybrid and electric vehicles. These cars are eligible for a federal tax credit of up to $7,500, depending on the battery capacity and your tax situation. In this blog post, we will explain which Volvo cars qualify for the tax credit and how to claim it. The federal tax credit is available for new plug-in hybrid and electric vehicles that are purchased or leased in the United States. The amount of the credit varies depending on the size of the battery and the gross vehicle weight rating. The credit ranges from $2,500 to $7,500 per vehicle. The credit is not refundable, which means that you can only use it to reduce your tax liability. If your tax liability is less than the amount of the credit, you will not receive the full benefit. Volvo offers several models of plug-in hybrid and electri...

How long will a Volvo engine last?

How long will a Volvo engine last? If you are looking for a reliable and durable car, you might want to consider a Volvo. Volvo is a Swedish brand that is known for its high-quality engineering and safety features. But how long will a Volvo engine last? And what factors affect its longevity? The answer to this question is not straightforward, as different models and years of Volvo may have different engine types and specifications. However, some general factors that can influence the lifespan of a Volvo engine are: - Maintenance: Regular maintenance is essential for any car, but especially for a Volvo. You should follow the recommended service intervals and oil changes, as well as check the fluid levels, belts, hoses, filters, spark plugs, and other components regularly. A well-maintained Volvo engine can last up to 300,000 miles or more. - Driving habits: How you drive your Volvo can also affect its engine life. If you drive aggressively, frequently accelerate and brake hard, or tow h...

The 2024 Volvo C40 Recharge RWD

The 2024 Volvo C40 Recharge RWD is the latest addition to the Swedish automaker's electric vehicle lineup. The C40 is a compact crossover that combines the sleek design of a coupe with the practicality of an SUV. It is based on the same platform as the XC40 Recharge, but has a lower and more aerodynamic roofline, a distinctive rear end, and a unique front grille with pixel LED headlights that can adapt to different driving situations. The C40 Recharge RWD is powered by a single electric motor that delivers 201 horsepower and 243 pound-feet of torque to the rear wheels. It has a 75 kWh battery pack that provides an estimated range of 210 miles on a single charge, according to the EPA. The battery can be recharged from 10% to 80% in about 40 minutes using a 150 kW DC fast charger, or in about eight hours using a Level 2 home charger. The C40 also supports wireless over-the-air updates and comes with a complimentary charging credit for the first year of ownership, which can be used at...

How far can Volvo C40 go on electric?

-- How far can Volvo C40 go on electric? --------------------------------------- How far can Volvo C40 go on electric? If you are looking for a stylish and eco-friendly crossover, you might be interested in the Volvo C40 Recharge, the first pure electric model from the Swedish brand. But how far can you drive this sleek vehicle on a single charge? And how does it compare to other electric cars in its class? Here are some facts and figures to help you decide. The Volvo C40 Recharge comes with a 75 kWh battery pack that powers either a single rear motor or a dual front and rear motor, depending on the configuration. The single motor model offers an estimated range of 297 miles, while the dual motor model offers an estimated range of 257 miles, according to Volvo. These numbers are based on EPA data obtained under specific testing conditions, so your real-life driving range may vary depending on factors such as driving behavior, weather, road conditions, and charging ...

2024 Volvo C40 Recharge RW

The 2024 Volvo C40 Recharge RWD is the latest addition to the Swedish automaker's electric vehicle lineup. The C40 is a compact crossover that combines the sleek design of a coupe with the practicality of an SUV. It is based on the same platform as the XC40 Recharge, but has a lower and more aerodynamic roofline, a distinctive rear end, and a unique front grille with pixel LED headlights. The C40 Recharge RWD is powered by a single electric motor that delivers 201 horsepower and 243 pound-feet of torque to the rear wheels. It has a 75 kWh battery pack that provides an estimated range of 210 miles on a single charge, according to the EPA. The battery can be recharged from 10% to 80% in about 40 minutes using a 150 kW DC fast charger. The C40 also supports wireless over-the-air updates and comes with a complimentary charging credit for the first year of ownership. The C40 Recharge RWD offers a spacious and comfortable interior that can accommodate four adults and their luggage. The c...