EV Credit

Up to $4,000 in EV credit!

*The credit equals 30% of the sale price up to a maximum credit of $4,000, upon approval from the IRS.

Pre-owned all-electric, plug-in hybrid, and fuel cell electric vehicles purchased on or after January 1, 2023, may be eligible for a federal income tax credit.

To qualify for this EV credit:
Vehicle requirements:

• Model year at least 2 years old.
  i.e. If vehicle is purchased in 2023, the model of vehicle needs to be 2021 or older
• Battery capacity of least 7 kilowatt hours
• Total sale price of $25,000 or less. Sale price includes all dealer-imposed costs or fees not required by law. License, taxes, title, and registration fees are not included in the total purchase price.

Modified adjusted gross income (AGI):

• $150,000 for married filing jointly or a surviving spouse
• $112,500 for heads of households
• $75,000 for all other filers

Other requirements

• Be an individual who bought the vehicle for use and not for resale
• Not be the original owner
• Not be claimed as a dependent on another person's tax return
• Not have claimed another used clean vehicle credit in the 3 years before the purchase date

For full eligibility requirements and more information on the Used Clean Vehicle tax credit, please visit Used Clean Vehicle Credit or contact the seller directly.