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The Federal Used EV Tax Credit can be a little tricky to understand however the IRS has released and updated their websites to show which vehicles qualify and what the income and other criteria are. The list of vehicles that qualify doesn't mean you will be able to get the tax credit because the price of the sale is limited to $25,000 or less. Even with income and purchase price limitations, there are some great deals to be had out there. The 2019 Hyundai Sonata PHEV is a great example of how you can get a CPO vehicle for well under $25,000 after the credit.
IRS Criteria: www.irs.gov/cr...
Vehicle List: www.irs.gov/cr...
#taxcredit #electricvehicle #sonata