Used Electric Car Rebate 2024. Federal tax credit up to $4,000! Income thresholds and vehicle price caps.
1, 2024, eligible buyers can choose between getting an instant ev tax rebate to use as a down payment on qualified new or used vehicles at the time of purchase at a registered dealership under new rules established by the irs, or they can claim the credit on their tax return. The credit equals 30% percent of the sale price up to a maximum credit of $4,000.
This Guide And Lookup Tool Helps You Figure Out If A Car You’re Interested In Is Eligible And If You Qualify.
A used ev might be the way to go in 2024.
Changes To The Federal Electric Vehicle (Ev) Tax Credit Are.
Beginning in 2024, buyers can transfer clean vehicle credits to qualified sellers at the time of sale and use the credit amount as a down payment or a reduction of the manufacturer’s suggested retail price.
The Credit Equals 30% Percent Of The Sale Price Up To A Maximum Credit Of $4,000.
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This Guide And Lookup Tool Helps You Figure Out If A Car You’re Interested In Is Eligible And If You Qualify.
The sale price must be less than $25,000.
View Passenger Vehicles That Are Eligible For A Rebate.
