Used EV prices are falling just in time for a new US tax credit
The IRA incentive may be having a bigger impact among US car dealers than consumers.
Source: moneyweb.co.za
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Used EV prices are falling just in time for a new tax credit
Since the beginning of this year, U.S. car buyers have been able to get a federal tax credit of up to $4,000 for the purchase of a used electric vehicle.
Source: accountingtoday.com
Used EV prices are falling just in time for a new U.S. tax credit
While the used-vehicle credit is not bound by the domestic sourcing requirements that apply for new EVs, it does come with conditions: Buyers can’t make more than $75,000 annually or $150,000 a year in jointly filed taxes.
Source: crainsdetroit.com