As of 2024, many used models are eligible for the credits, though a lower amount, but there are so many choices that it can be challenging to pick the model best for your needs.
The shift to making credit available at the time of purchase reduced confusion around the year-end tax credits and made the initial purchase price more reasonable.
Buyers must purchase the vehicle from a dealer, it must be priced at $25,000 or less, and it must be two or more model years old.
The federal government initially offered tax credits for new plug-in vehicle purchases... That changed in 2024, with the government adding used vehicles to the eligibility list.
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