Dealers Are Worried About New, Better Federal EV Tax Credit Rules

For car buyers, making an electric vehicle purchase is about to get a lot simpler. But dealers aren’t necessarily welcoming the change.

Here’s the way it works now: If you buy a qualifying electric car, truck, or SUV, you’re eligible for a federal tax credit of up to $7,500. But the credit only goes against your tax liability. If you owe less than $7,500, you won’t be able to take advantage of the full credit. You also have to wait until tax time to get your “money back”—in…