Here are the rules
To qualify, a vehicle must meet all of these requirements:
- Have a sale price of $25,000 or less (credit is 30% of sales price up to the max of $4k)
- Have a model year at least 2 years earlier than the calendar year when you buy it. For example, a vehicle purchased in 2023 would need a model year of 2021 or older.
- Not have already been transferred after August 16, 2022, to a qualified buyer.
- Have a gross vehicle weight rating of less than 14,000 pounds
- Be an eligible FCV or plug-in EV with a battery capacity of least 7 kilowatt hours
- Be for use primarily in the United States
A list of currently qualified vehicles which will change over time.
Manufacturers and Models of Qualified Used Clean Vehicles | Internal Revenue Service (irs.gov)
The sale qualifies only if:
- You buy the vehicle from a licensed used car dealer
- For qualified used EVs, the dealer reports required information to you at the time of sale and to the IRS.
Also, the credit is nonrefundable so married filing jointly you need a tax liability of at least $8000
