Used Platinum

[utcraze]

Fairway Ford just got in a used ‘22 Platinum with 6,000 miles. Asking $89k color is iced silver. Wont last, they got it yesterday so its not even listed for sale yet

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[Skidrowe]

Will it qualify for the used EV tax credit? I haven't paid attention to the restrictions on that one since I haven't considered getting a used EV.

 

[Skidrowe]

Will it qualify for the used EV tax credit? I haven't paid attention to the restrictions on that one since I haven't considered getting a used EV.

Nope.

https://www.irs.gov/credits-deductions/used-clean-vehicle-credit

Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit (also referred to as a previously owned clean vehicle credit).

 

[Amps]

$25,000 or less

If that didn't kill the used tax credit, the two model years old requirement would.

 

[utcraze]

IRS not normally logical, however since the credit was taken already when purchased new, makes sense. Hurts the resale value so offer $7,500 less....

 

[Pioneer74]

That truck still has the recall for the wiper motor outstanding.

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