Here are all the used EVs that qualify for the new $4,000 tax credit
January 1, 2023 marked the dawn of another year for the world, but in the realm of EVs, more specifically purchases made by US consumers, the date kicked off a fresh start of new tax credits for vehicles both new and used. While much of the dust is still settling on the Capitol as it works to implement new qualifying terms for tax credits, we do have some information about what used EVs will and will not qualify. Here’s what we know so far.
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A used EV might be the way to go in 2023
Although the $7,500 federal tax credit has been extended for new EV purchases under revised qualifying terms, those current requirements leave a very limited the number of current EVs that qualify.
Many automakers are already pivoting their business strategies to move EV and battery assembly to US soil to once again qualify, but it will take time to establish those facilities and get them up and running.
In the meantime, it might be worth considering a used EV in order to take advantage of the revamped federal tax credit up to $4,000. Here’s how it works.
How the current tax credit works for used EVs
In a perfect world for consumers, any and all used EV purchases would qualify for tax credits from the US government, but that’s unfortunately not the case. As part of revised terms in the Inflation Reduction Act signed by President Biden, federal tax credits have been extended and include revamped benefits for used EV purchases. As long as they fit certain criteria. Per the IRS:
Beginning January 1, 2023, if you buy a qualified previously owned electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a previously owned clean vehicle tax credit under Internal Revenue Code Section 25E.
Used EVs no see revised terms that offers a credit equal to 30% percent of the sale price (up to $4,000). That should help consumers like yourselves get some change back in your pocket at the end of the fiscal year. As long as you stick to these terms as outlined by the IRS.
To qualify as a customer, you must:
- Be an individual who bought the vehicle for use and not for resale
- Must be an individual (no businesses)
- Not be the original owner
- Not be claimed as a dependent on another person’s tax return
- Not have claimed another used clean vehicle credit in the 3 years before the EV purchase date
- Modified adjusted gross income must not exceed $75k for individuals, $112,500 for heads of households, and $150k for joint returns
Additionally, in order for used EV to qualify for federal tax credits, it must:
- Have a sale price of $25,000 or less
- 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 (kWh)
- Be for use primarily in the United States
- Purchased from a certified dealer:
- For qualified used EVs, the dealer reports required information to you at the time of sale and to the IRS
- A used vehicle qualifies for tax credit only once in its lifetime
Here are all the Used EVs that qualify for tax credits
As promised, here is the current list of used EVs that qualify for tax credits in the US, per the IRS, separated by all-electric BEVs and plug-in hybrids (PHEVs).
It’s important to note that this is not the end all, be all list of used EVs that qualify for tax credits in the US. Once again, per the IRS:
Manufacturers of the vehicles listed below have provided appropriate information and have indicated that the vehicles are eligible for the credit provided other requirements are met.
This is simply the list provided by the government which will be continually updated by both them and us. Additionally, some of these EVs especially are 2020 or 2021 models, and it will be nearly impossible to find them on sale below $25k. If you do somehow luck out, more power to you, because you may qualify for additional savings.
As always, we recommend speaking with a tax professional and EV dealer directly in order to ensure what you and your new vehicle qualify for. Without further adieu, here are the all-electric models that currently qualify:
All-electric models
| Make/Model/Year(s) | Full Tax Credit |
| AUDI | |
| Audi e-tron (2019, 2021, 2022) | $4,000 |
| Audi e-tron GT (e-tron GT/RS e-tron GT models) (2022-2023) | $4,000 |
| Audi e-tron S (standard and Sportback models) (2022) | $4,000 |
| Audi e-tron Sportback (2020-2022) | $4,000 |
| Audi Q4 50 e-tron Quattro (standard and Sportback models) (2022) | $4,000 |
| BMW | |
| i3 (with or without range extender) (2014-2021) | $4,000 |
| i3 (60Ah) (2017) | $4,000 |
| i3s (with or without range extender) (2018-2021) | $4,000 |
| FIAT | |
| 500e (2013-2019) | $4,000 |
| FORD MOTOR COMPANY | |
| Focus Electric (2012-2018) | $4,000 |
| Mustang Mach-E (2021) | $4,000 |
| GENERAL MOTORS (GM) | TBD |
| HYUNDAI | |
| Ioniq BEV (2017-2019) | $4,000 |
| Kona Electric (2019-2021) | $4,000 |
| JAGUAR | TBD |
| KIA | TBD |
| LAND ROVER | TBD |
| MAZDA | TBD |
| MERCEDES-BENZ | |
| B250e (B-Class) (2014-2017) | $4,000 |
| MINI | |
| Cooper S E Hardtop (2020-2021) | $4,000 |
| MITSUBISHI | TBD |
| i-MiEV (2012-2014, 2016-2017) | $4,000 |
| NISSAN | |
| LEAF S (2013-2021) | $4,000 |
| LEAF S Plus (2019-2021) | $4,000 |
| LEAF SL (2011-2019) | $4,000 |
| LEAF SL Plus (2019-2021) | $4,000 |
| LEAF SV (2011-2021) | $4,000 |
| LEAF SV Plus (2019-2021) | $4,000 |
| smart | |
| Coupe EV (2013-2018) | $4,000 |
| EQ Fortwo Coupe (2019) | $4,000 |
| Cabrio EV (2013-2016, 2017-2018) | $4,000 |
| EQ Fortwo Cabrio (2019) | $4,000 |
| SUBARU | TBD |
| TESLA | TBD |
| TOYOTA | |
| RAV4 EV (2012-2014) | $4,000 |
| VOLKSWAGEN | |
| e-Golf (2015-2019) | $4,000 |
| ID.4 First Edition, Pro, Pro S, AWD Pro, AWD Pro S (2021) | $4,000 |
| ID.4 Pro, Pro S, AWD (2022-2023) | $4,000 |
| ID.4 Pro, Pro S, RWD (2022) | $4,000 |
| ID.4 RWD, S RWD (2023) | $4,000 |
| VOLVO | |
| XC40 Recharge (2021) | $4,000 |
Used plug-in hybrids EVs that qualify for tax credits
| Make/Model/Year(s) | Full Tax Credit |
| AUDI | |
| A3 e-tron/ultra (2016-2018) | $4,000 |
| Audi A7 55 TFSI e Quattro (2021) | $4,000 |
| Audi A7 TFSI e Quattro (2022) | $4,000 |
| Audi A8L PHEV (2020) | $4,000 |
| Audi A8L 60 TFSI e Quattro (2021) | $4,000 |
| Audi Q5 PHEV (2020) | $4,000 |
| Audi Q5 55 TFSI e Quattro (2021) | $4,000 |
| Audi Q5 TFSI e Quattro (2022-2023) | $4,000 |
| BENTLEY MOTORS | |
| Bentayga Hybrid SUV (2020-2021) | $4,000 |
| Flying Spur Hybrid (2022) | $4,000 |
| BMW | |
| i8 (2014-2017) | $4,000 |
| i8 Coupe/Roadster (2019-2020) | $4,000 |
| 330e (2016-2021) | $4,000 |
| 330e xDrive (2021) | $4,000 |
| 530e/xDrive (2018-2021) | $4,000 |
| 740e (2017) | $4,000 |
| 740e xDrive (2018-2021) | $4,000 |
| X3 xDrive30e (2020-2021) | $4,000 |
| X5 xDrive40e (2016-2018) | $4,000 |
| X5 xDrive45e (2021) | $4,000 |
| CHRYSLER | |
| Pacifica PHEV (2017-2021) | $4,000 |
| FORD MOTOR COMPANY | |
| C-Max Energi (2013-2017) | $4,000 |
| Escape Plug-In Hybrid (2020-2021) | $4,000 |
| Fusion Energi (2013-2020) | $4,000 |
| GENERAL MOTORS (GM) | TBD |
| HYUNDAI | |
| Ioniq PHEV (2018-2021) | $4,000 |
| Sonata PHEV (2016-2019) | $4,000 |
| JAGUAR | TBD |
| JEEP | |
| Wrangler 4xe (2021) | $4,000 |
| KIA | TBD |
| LAND ROVER | TBD |
| LINCOLN | |
| Aviator Grand Touring (2020-2021) | $4,000 |
| Corsair Grand Touring (2020-2021) | $4,000 |
| MAZDA | TBD |
| MERCEDES-BENZ | |
| S550e (2015-2017) | $4,000 |
| S560e (2020) | $4,000 |
| GLE550e 4M (2016-2018) | $4,000 |
| GLC350e 4M (2018-2020) | $4,000 |
| MINI | |
| Cooper S E Countryman ALL4 (2018-2021) | $4,000 |
| MITSUBISHI | TBD |
| Outlander PHEV (2018-2021) | $4,000 |
| SUBARU | TBD |
| TOYOTA | |
| Prius Prime PHEV (2017-2021) | $4,000 |
| RAV4 PHEV (2021) | $4,000 |
| VOLKSWAGEN | TBD |
| VOLVO | |
| S60 (2019-2021) | $4,000 |
| S90 (2018-2021) | $4,000 |
| V60 (2020-2021) | $4,000 |
| XC60 (2018-2021) | $4,000 |
| XC90 (2016-2021) | $4,000 |
| XC90 Excellence (2018-2019) | $4,000 |
Other resources for EV tax credits
While tax credits for used EVs are newly revamped and may be the way to go for you personally, there are plenty of other options to get money back from Uncle Sam at the end of the fiscal year.
For instance, revised terms outlined in the Inflation Reduction Act went into affect January 1, 2023 and enable the extension of federal tax credits for new EV purchases through the next decade, while once again allowing EVs from American automakers like Tesla and GM to once again qualify.
That being said, the capitol is still trying to settle a lot of these terms to determine what vehicles qualify, so things are a bit cloudy at the moment, but you may be able to take advantage of tax credits before battery assembly requirements kick in later this year.
Learn more about federal tax credits for new EV purchases here.
Whether it’s a new or used EV purchase that ends up being right for you, you may still be able to take advantage of additional perks at the state level, depending where you live. Credits, exemptions, and other benefits could be available for an EV purchase, lease, or for relevant equipment like home charger installation.
You can check out what EV-centric benefits may be available to you, sorted by state, here.
We’d like to reiterate once last time that we recommend doing your own research and speaking with a tax professional and EV dealer directly in order to ensure exactly what you and your vehicle purchase qualify for.
Good luck in EV your search!
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A dozen Tesla vehicles burned at a store in Toulouse, France. Arson is suspected amid global protests and vandalism attacks against Tesla and Elon Musk.
Last night, a dozen Tesla vehicles burned down at Tesla’s retail and service location in Plaisance-du-Touch near Toulouse, France.
Firefighters arrived on the scene at around 4 a.m. and contained the fire to the vehicles. Eight of them were completely destroyed, and four were greatly damaged. The damages are estimated at over 700,000 euros.
According to the local news (translated from French), the police suspected arson as a hole was found in a fence, and threats had been made over the last few weeks. The Tesla location remained closed all day.
Tesla is currently being protested by anti-fascist groups around the world, especially in the US, where many are targeting Tesla to protest against Elon Musk’s involvement in the US government.
In France, there were a few protests planned, but some extremist groups are calling for widespread arson against Tesla stores:
I won’t share the link to the article since it gives step-by-step instructions on how to burn down Tesla stores without getting caught, but the manifesto explains that they are going after Tesla as a “symbol of capitalism,” although they also list a dozen other reasons including the fact that they think it’s “doable and cheap.”
Electrek’s Take
This is getting nuts. It’s not only dangerous, but it’s also not super effective in achieving the goal they claim to want to achieve.
Have they never heard of insurance? Tesla is having issues selling cars right now. You are burning unsold inventory that they can then claim to their insurance.
Sure, it disrupts their operations for a short period of time, but it’s not worth it.
Their manifesto does say to avoid violence and not to target vehicles owned by individuals – though it doesn’t sound like a strict rule for them, but I think these people are likely going to end up in jail for having achieved nothing.
The protests and boycotts are going strong. You don’t need to burn cars to make yourself heard.
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Environment
Ford F-150 Lightning sales have been falling for months: What’s going on with the EV pickup?
Is Ford’s electric pickup in trouble? Sales have been down for months, and February showed no relief. What’s going on with the Ford F-150 Lightning?
Ford F-150 Lightning sales drop again in February 2025
Ford’s US sales dropped by 9% last month. Although electrified vehicles, including EVs and hybrids, both notched double-digit growth, sales of Ford’s gas-powered (ICE) models, which accounted for over 85% of deliveries, fell nearly 13%.
Hybrids saw higher demand with sales up 27.5% to 15,357, while EV sales increased 15% to 7,326. The Mustang Mach-E was a bright spot with 3,312 models sold in February, up 13% from the prior year.
With 6,841 Mach-Es sold through the first three months of 2025, Ford’s electric crossover SUV remains a top-selling EV in the US.
Ford’s electric pickup didn’t fare as well. F-150 Lightning Sales were down nearly 15% last month with only 2,199 units sold. Through March, Ford has sold 15% fewer Lightning models than it did at this time last year.
Sales of the electric pickup have been slipping for months now. In the final three months of 2024, F-150 Lightning sales were down 10%.
The Lightning, alongside Rivian’s R1T, are no longer the only electric pickups on the market. Ford is facing new competition with the Tesla Cybertruck, Chevy Silverado EV, and GMC Sierra EV, arriving.
According to Cox Automotive, the Tesla Cybertruck slipped past the Lightning to become the fifth best-selling EV in the US last year with nearly 39,000 units sold. Ford’s Lightning was sixth with just over 33,500 models sold.
Ford extended its “Power Promise” promo earlier this year to boost demand, giving EV buyers a Level 2 home charger and other benefits, but Lightning sales are still down.
The American automaker cut Lightning production at its Rouge Electric Vehicle Center last year, citing slower-than-expected demand. A new report from Automotive News claims Ford is now ending a pilot program to stock and distribute EVs through regional hubs after it failed to catch on. It was designed to speed up deliveries.
Although Ford plans to launch a smaller midsize electric pickup, it won’t arrive until at least two more years. With new competition, like the Ram 1500 REV and Volkswagen Scout pickup, hitting the market over the next few years, Ford may find it even harder to attract buyers.
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Costco’s Auto Program recently introduced some new member-only incentives, and the 2025 Volvo EX90 BEV is now on its list.
Volvo is offering Costco Executive Members $2,000 off the 2025 EX90. Costco Gold Star and Business members are eligible for $1,500 off. The incentives are available on all versions of the Volvo EX90 for members who purchase or lease from February 24 to April 30, 2025. It’s the only non-GM EV that’s that’s eligible for an incentive through the EV program.
The offer is compatible with A-Plan pricing for employees, as well as Affinity Pricing for teachers and first responders. Costco members will have had to have been members as of February 23 and be the primary members on the Costco account to qualify.
However, CarsDirect gave the heads up on how buyers can get up to $10,000 off the EX90’s MSRP. As we stated, if you’re a Costco Executive Member, that’s $2,000 off. Then, add the $7,500 EV Lease Allowance and a $500 loyalty discount on leases if you currently own or lease a Volvo or have owned or leased a Volvo within the past six months.
With the destination fee included, the base EX90 MSRP starts at $81,290, so that brings it down to $71,290, a more than 12% discount, a pretty good deal.
The 2025 AWD Volvo EX90, which can seat seven passengers comfortably, has a range of up to 310 miles and is NACS-compatible. It has a 510 hp engine, 110 kWh battery capacity, and can go from 0-60 mph in 4.7 seconds.
Read more: Review: Volvo EX90 is a smooth AWD 7-seat luxury kid-hauler
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