The EV tax credit can now be factored right into the price...That big bump would help with financing, leading to a lower monthly payment.
Dealerships that did opt-in and take the credit at the point of sale would put that $4,000 directly toward the price of the vehicle.
Many dealerships didn't opt-in, forcing clients to file paperwork themselves vs. redeeming the EV tax credit at the dealership's point of sale.
CarMax allows filing for the tax credit but doesn't enable using the money at the vehicle's point of sale unlike Carvana, which streamlines the process.
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