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Can I take a tax credit for buying a USED electric vehicle?

 
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Accepted Solutions
JohnH2
New Member

Can I take a tax credit for buying a USED electric vehicle?

It appears, unfortunately, that used vehicles do not qualify for the Plug-In Electric Drive Vehicle Credit at the Federal level.  The original use of the vehicle must commence with the taxpayer.  See the following IRS link  for additional details.

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10 Replies
JohnH2
New Member

Can I take a tax credit for buying a USED electric vehicle?

It appears, unfortunately, that used vehicles do not qualify for the Plug-In Electric Drive Vehicle Credit at the Federal level.  The original use of the vehicle must commence with the taxpayer.  See the following IRS link  for additional details.

ceea220
New Member

Can I take a tax credit for buying a USED electric vehicle?

Yes, the only people who can afford a brand new electric car are the people who really don't need a tax credit.

Can I take a tax credit for buying a USED electric vehicle?

Dear ceea220, your comment is not helpful.
Mavii
New Member

Can I take a tax credit for buying a USED electric vehicle?

But the comment was very funny. It made me laugh out loud. 🙂
Aznewmom
Returning Member

Can I take a tax credit for buying a USED electric vehicle?

...and spot on accurate!

Rmcafee85
New Member

Can I take a tax credit for buying a USED electric vehicle?

This is a junk credit. If people who buy a used volt dont qualify for a tax credit. I mean we do pay alot for the car even used. And if we didnt buy the cars and instead buy a car that uses gas. There would be less on the road. The whole point is to get the cars on the road. The company that sold me mine. Told me id get a big tax credit for buying it. Thats the straw that broke my back on it. And why i bought it instead of a charger. They should open this credit to anyone who buys one and keeps the cars on the road. I am paying almost as much as the car was when it was brand new. 

Can I take a tax credit for buying a USED electric vehicle?

You are preaching to the choir here ... complain to your congressperson ... they are the only ones who can make any change in the tax laws.

Can I take a tax credit for buying a USED electric vehicle?

I am on I fixed income I do not have the money to be buying a new car if they want me to get my gasoline truck off the road and my wife's car off the road then they're going to have to come up with some money for poor people like me which are about 64 million people to buy these electric cars

Can I take a tax credit for buying a USED electric vehicle?

Just wondering---(hoping) has this changed? 

Thank you!

Can I take a tax credit for buying a USED electric vehicle?


@alsnyder wrote:

Just wondering---(hoping) has this changed? 

Thank you!


Sorry, no.  You have to be original owner to be eligible for the tax credit.

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