If you are shopping for a quality used electric vehicle or a fuel cell vehicle, then you will want to check out our dealership at White Plains, where you may be eligible for the clean car credit inflation reduction act. This credit is about 30% of the sales price and up to a maximum credit of $4,000. Learn more about this tax credit and how it works, and then be sure to contact us if you would like to learn more about the federal EV tax credit updates.
So, how does the clean car credit inflation act work for used vehicles? Remember, there is no sales tax in Florida, so this is your primary tax credit. To qualify for this tax credit when buying a used and qualified plug-in electric vehicle or a fuel cell vehicle, you must:
Your modified adjusted gross income (AGI) can’t exceed:
For your vehicle to qualify, it must meet all of the following requirements:
Have any questions about choosing an EV vehicle? We can help with that as well! Be sure to check out our manufacturing hub today to learn more.
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