Electric Vehicle tax credit

[Stevecon]

A Ford Mach-E was purchased in December 2023 with a MSRP of $60,495.  Because the proce is over $55,000 does this disqualify the purchase from the entire $3,750 credit?

Thank you.

[DaveF1006]

Yes, according to this, the vehicle's manufacturer suggested retail price (MSRP) can't exceed:

• $80,000 for vans, sport utility vehicles and pickup trucks
• $55,000 for other vehicles