Review: 2024 Hyundai Kona Electric outshines gasoline versions
The EV in the Hyundai Kona lineup is better in every way, and a new base-battery version could prove a great value—although much depends on pricing, yet to come.
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The EV in the Hyundai Kona lineup is better in every way, and a new base-battery version could prove a great value—although much depends on pricing, yet to come.
Pricing for new electric vehicles can be daunting for many shoppers. But more and more EVs are becoming available on the used vehicle market…
Pricing for new electric vehicles can be daunting for many shoppers. There’s also a further incentive to purchase a used EV that costs less than $25,000 thanks to an available federal tax credit of up to $4,000. To qualify for the federal tax credit, the EV you’re interested in must meet these criteria: 1) It must be purchased from a licensed dealership; 2) the sale price must be $25,000 or less; and 3) it must be at least two model years old from the current year.
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There's also a further incentive to purchase a used EV that costs less than $25,000 thanks to an available federal tax credit.