Deals on used electric vehicles are plentiful right now. Lightly used Tesla Model S sedans are going for Model Y money. Subaru Solterras can be had for around $20,000. Low-mileage Lucid Airs are going for half off. All in all, there’s never been a better time to get plugged in on a budget.
But if you can wait until early next year, things are about to get much, much better. Many, many more EVs will become eligible for the federal used EV tax credit in January. According to research from battery health startup Recurrent, “this coming January, the largest ever influx of EVs to the used market gains eligibility.”
The firm, which tracks battery health in used EVs, says that 65% of EVs listed on the used market are already old enough to qualify for the credit. Thanks to booming electric sales in 2023, another 24% will meet that requirement come January 1. Say hello to a 2023 Chevy Bolt for just over $10,000.
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I don’t agree that the car should only be sold by a dealer, but the battery should be checked by the manufacturer at the very least.
There really needs to be a simple way for customers to check the battery health of a used EV before buying.
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Cause I wouod rather they be responsible to pay for all damages when a used/faulty battery goes wrong.
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You could start “selling” your car to a friend or family member just to get the rebate.
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Some EU countries just put a limit on one rebate/incentive per car max.
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Hard income caps? Not even tapering off?
Oh you made $75,001 last year? Fuck you, buy internal combustion
They’re means-testing this? Ew.
Looks great for most of America. Sadly, I wouldn’t qualify.
