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January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits, continuously shifting what used EVs do and do not qualify. Here’s the latest list.

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A used EV might be the way to go in 2024

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
Used EV tax credit
A 2020 Nissan LEAF SV Plus. Definitely worthy of used EV tax credits

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 2021 or 2022 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
e-tron (2019, 2021-2022) $4,000
e-tron Sportback (2020-2022) $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
i4 Gran Coupe (2022) $4,000
iX xDrive50 (2022) $4,000
CHEVROLET (GM)
Bolt (2017-2021) $4,000
Bolt EV (2022) $4,000
Bolt EUV (2022) $4,000
Spark EV (2014-2016) $4,000
FIAT
500e (2013-2019) $4,000
FORD MOTOR COMPANY
E-Transit (2022) $4,000
F-150 Lightning Standard/Extended Range (2022) $4,000
Focus Electric (2012-2018) $4,000
Mustang Mach-E (2021-2022) $4,000
GENESIS
G80 (2022) $4,000
HYUNDAI
IONIQ 5 (2022) $4,000
Ioniq BEV (2017-2021) $4,000
Kona Electric (2019-2022) $4,000
JAGUAR TBD
KIA
EV6 (2022) $4,000
Niro EV (2019-2022) $4,000
Soul EV (2015-2020) $4,000
LAND ROVER TBD
LUCID MOTORS
Air (all trims) (2022) $4,000
MAZDA TBD
MERCEDES-BENZ
B250e (B-Class) (2014-2017) $4,000
EQB SUV (all trims) (2022) $4,000
EQS Sedan (all trims) (2022) $4,000
MINI
Cooper S E Hardtop (2020-2022) $4,000
MITSUBISHI
i-MiEV (2012-2014, 2016-2017) $4,000
NISSAN
LEAF (all models) (2011-2022) $4,000
POLESTAR
2 (2021-2022) $4,000
PORSCHE
Taycan (all models) (2020-2022) $4,000
RIVIAN
EDV (2022) $4,000
R1T (2022) $4,000
R1S (2022) $4,000
smart
Coupe EV (2013-2018) $4,000
EQ Fortwo Coupe (2019) $4,000
Cabrio EV (2013-2015, 2017-2018) $4,000
EQ Fortwo Cabrio (2019) $4,000
SUBARU TBD
TESLA
Model 3 (2017-2022) $4,000
Model S (2012-2021) $4,000
Model X (2016-2021) $4,000
Model Y (2020-2022) $4,000
Roadster (2009-2011) $4,000
TOYOTA
RAV4 EV (2012-2014) $4,000
VOLKSWAGEN
e-Golf (2015-2019) $4,000
ID.4 (all models) (2021-2022) $4,000
VOLVO
C40 (2022) $4,000
XC40 Recharge (2021-2022) $4,000
Last updated 1/23/2024, most recent changes in bold
Used EV tax credit
The Audi Q5 TFSI e Quattro. Currently qualified for used EV tax credits as a PHEV / Source: Audi

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
A7 55 TFSI e Quattro (2021-2022) $4,000
A8L PHEV (2020) $4,000
A8L 60 TFSI e Quattro (2021) $4,000
Q5 PHEV (2020) $4,000
Q5 55 TFSI e Quattro (2021-2022) $4,000
BENTLEY MOTORS
Bentayga Hybrid SUV (2020-2021) $4,000
BMW
i8 (2014-2017) $4,000
i8 Coupe/Roadster (2019-2020) $4,000
330e (2016-2018, 2021-2022) $4,000
330e xDrive (2021-2022) $4,000
530e/xDrive (2018-2022) $4,000
740e (2017) $4,000
740e xDrive (2018-2021) $4,000
745e xDrive (2020-2022) $4,000
X3 xDrive30e (2020-2021) $4,000
X5 xDrive40e (2016-2018) $4,000
X5 xDrive45e (2021-2022) $4,000
CADILLAC (GM)
ELR (2014-2016) $4,000
CHEVROLET (GM)
Volt (2011-2019) $4,000
CHRYSLER TBD
FORD MOTOR COMPANY
C-Max Energi (2013-2017) $4,000
Escape Plug-In Hybrid (2020-2022) $4,000
Fusion Energi (2013-2020) $4,000
HONDA
Clarity Plug-in Hybrid (2018-2021) $4,000
HYUNDAI
Ioniq PHEV (2018-2022) $4,000
Santa Fe PHEV (2022) $4,000
Sonata PHEV (2016-2019) $4,000
Tucson PHEV (2022) $4,000
JAGUAR TBD
JEEP
Grand Cherokee 4xe (2022) $4,000
Wrangler 4xe (2021-2022) $4,000
KIA
Niro PHEV (2018-2022) $4,000
Optima PHEV (2017-2020) $4,000
Sorento PHEV (2022) $4,000
LAND ROVER TBD
LEXUS
NX PHEV (2022) $4,000
LINCOLN
Aviator Grand Touring (2020-2022) $4,000
Corsair Grand Touring (2021-2022) $4,000
MAZDA TBD
MERCEDES-BENZ
S550e PHEV (2015-2017) $4,000
S560e EQ PHEV (2020) $4,000
GLC350e 4M (2018-2020) $4,000
GLE550e 4M (2016-2018) $4,000
MINI
Cooper S E Countryman ALL4 (2018-2022) $4,000
MITSUBISHI TBD
Outlander PHEV (2018-2022) $4,000
POLESTAR
1 (2020-2021) $4,000
PORSCHE
Cayenne E-Hybrid (all models) (2015-2022) $4,000
Panamera E-Hybrid (all models) (2014-2016, 2018-2022) $4,000
SUBARU
Crosstrek Plug-In Hybrid (2019-2022) $4,000
TOYOTA
Prius Prime PHEV (2017-2022) $4,000
RAV4 Prime PHEV (2021-2022) $4,000
VOLKSWAGEN TBD
VOLVO
S60 (2019-2022) $4,000
S90 (2018-2022) $4,000
V60 (2020-2022) $4,000
XC60 (2018-2022) $4,000
XC90 (2016-2022) $4,000
Last updated 1/23/2024, most recent changes in bold

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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At $28,000 off, is the Jeep Wagoneer S the best EV deal going? [update]

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At $28,000 off, is the Jeep Wagoneer S the best EV deal going? [update]

Like a 90s “gifted” kid that was supposed to be a lot of things, the electric Jeep Wagoneer S never really found its place — but when dealers started discounting the Jeep brands forward-looking flagship by nearly $25,000 back in June, I wrote that it might be time to give the go-fast Wagoneer S a second look.

This month, the discounts are even better.

UPDATE 23AUG25: I found you some even better EV deals!


Whether we’re talking about Mercedes-Benz, Cerberus, Fiat, or even Enzo Ferrari, outsiders have labeled Jeep as a potentially premium brand that could, “if managed properly,” command luxury-level prices all over the globe. That hasn’t happened, and Stellantis is just the latest in a long line of companies to sink massive capital into the brand only to realize that people will not, in fact, spend Mercedes money on a Jeep.

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That said, the Jeep Wagoneer S is not a bad car (and neither is its totally different, hideously massive, ICE-powered Wagoneer sibling, frankly). Built on the same Stellantis STLA Large vehicle platform that underpins the sporty Charger Daytona EVs, the confusingly-named Wagoneer S packs dual electric motors putting out almost 600 hp. That’s good enough to scoot the ‘ute 0 to 60 mph in a stomach-turning 3.5 seconds and enough, on paper, to convince Stellantis executives that they had developed a real, market-ready alternative to the Tesla Model Y.

With the wrong name and a sky-high starting price of $66,995 (not including the $1,795 destination fee), however, that demand didn’t materialize, leaving the Wagoneer S languishing on dealer lots across the country.

That could be about to change, however, thanks to big discounts on Wagoneer S being reported at CDJR dealers in several states:

  • Jeff Belzer’s in Minnesota has a 2025 Wagoneer S Limited with a $67,790 MSRP for $39,758 ($28,032 off)
  • Troncalli CDJR in Georgia has a 2025 Wagoneer S Limited with a $67,590 MSRP for $42,697 ($24,893 off)
  • Whitewater CDJR in Minnesota has a 2025 Wagoneer S Limited with a $67,790 MSRP for $43,846 ($23,944 off)
  • Antioch CDJR in Illinois has a 2025 Wagoneer S Limited with a $67,790 MSRP for $44,540 ($23,250 off)

“Stellantis bet big on electric versions of iconic American brands like Jeep and Dodge, but consumers aren’t buying the premise,” writes CDG’s Marcus Amick. “(Stellantis’ dealer body) is now stuck with expensive EVs that need huge discounts to move, eating into already thin margins while competitors focus on [more] profitable gas-powered vehicles.”

All of which is to say: if you’ve found yourself drawn to the Jeep Wagoneer S, but couldn’t quite stomach the $70,000+ window stickers, you might want to check in with your local Jeep dealer and see how you feel about it at a JCPenneys-like 30% off!


Original content from Electrek; images via Stellantis.


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New 50-ton SANY reach stacker brings Formula 1 tech to the job site

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New 50-ton SANY reach stacker brings Formula 1 tech to the job site

Multinational equipment brand SANY just launched a clever new 50-ton reach stacker that pairs gravity and an F1-style KERS system to generate electricity, improve operating efficiency, and reduce costs. The best part: they’re putting that smart tech to work by helping clean up (and shore up) the grid.

Short for Kinetic Energy Recovery System, KERS was a staple of Formula 1 in the late aught and 2010s. Essentially an advanced form of regenerative braking, KERS captured the kinetic energy of a car at speed that would normally be lost as heat when the brake pads pressed against the brake discs. Instead of heat, KERS converted that energy into electricity (storing it in a battery or flywheel), to be deployed later.

Sebastian Vettel explains KERS


4x WDC Sebastian Vettel explains KERS.

In practice, KERS gave drivers an extra boost of horsepower at the push of a button, enabling them to attack or defend their position on track and adding a fresh strategic element to the sport. In SANY’s case, that stored power is fed back into the reach stacker’s electric hydraulic system, reducing pressure loss across the high-pressure setup by 50%, and lowering the machine’s overall energy consumption by more than 60%.

Energy recovery is a key feature. The potential energy of the boom, lifting gear and energy storage cabinets during the boom’s descent can be recovered efficiently with an overall recovery efficiency of over 65%. That means every 1 kWh of consumption in lifting can be recovered by 0.4 kWh during descent.

SANY

The 50t reach stacker is available with a 512 kWh swappable battery pack that’s compatible with other SANY heavy equipment assets, and supports both DC fast charging when swapping isn’t practical or (for whatever reason) desirable.

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On a single charge and backed by the onboard KERS, that’s good enough for the machine can lift and move containers for more than 7 continuous hours, which SANY claims significantly reducing downtime for charging compared to other, similar equipment assets.

The new SANY reach stacker can stack six 50-ton containers, greatly enhancing a site’s container and battery storage density within a limited space. The first units will reach unnamed customers building out a utility-scale energy storage project by the end of this month.

Electrek’s Take


50 tonne electric reach stacker; via SANY.

All the great stuff I was saying about the new 65-tonne XCMG still holds true for the SANY (especially when they take the wraps off their own 65t BESS-specific unit later this year), but the SANY adds smart battery swap tech and what seems to be more efficient operations, too.

Regardless of which one you choose, it seems like the available options for reach stacker operators are just getting better and better!

SOURCE | IMAGES: SANY.


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Want EV charging at your apartment, as an owner or a renter? Click here

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Want EV charging at your apartment, as an owner or a renter? Click here

EVs are great, and can unlock more transportation convenience with the ease of charging at home. But for apartment-dwellers, this can be a complicated conversation. So a nonprofit called Forth is here to help, through its Charge at Home program.

One of the main benefits of an electric vehicle is in the convenience of owning and charging the car in the place it spends most of its time. Instead of having to go out of your way to fuel it, you just park it at home, in the same place it spends at least 8 hours a day, and you leave the house every day with a full charge.

But this benefit only applies to those with a consistent parking space which they can easily install charging at. When talking about owners who live in apartment buildings, it can sometimes get more complicated.

While certain states have passed “right to charge” laws to give apartment-dwellers a solution for home charging, apartment charging is nevertheless a bit of a patchwork solution so far.

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And as a result of this, EV ownership among apartment renters lags behind that of single-family homeowners. It’s clear that apartments are holding back people from buying EVs, and that’s bad – lots of people live in apartments, and the gas those cars use pollutes the air just as much as any other.

Certain areas where EVs have hit a point of critical mass (namely, the large California cities) have pretty good EV ownership among renters, but it could still be better. And residents are clamoring more and more for easy EV charging in apartment communities.

So, Forth, a nonprofit advocating for equitable access to clean transportation, set up a program called Charge at Home, which is meant to connect renters, apartment building owners or other decisionmakers with resources to help install chargers at multifamily properties.

The site lets you select your situation – a resident or a decisionmaker for a new or existing multifamily development – and then gives you access to tools for your specific situation, whether you be a resident and developer.

The site houses links to help design a multifamily project, find electricians, inform you about right to charge laws or available incentives, and provide case studies, among others.

Charge at Home also hosts roundtable webinars periodically, and includes a library of past webinars with the information you need.

There are a lot of considerations for each of these projects, so it can be helpful to have someone with experience to help you go over it all. Personally, when talking to friends about getting an EV, charging considerations are usually the thing that takes up the bulk of the conversation.

So if the toolkits are still too daunting for you, Charge at Home is offering free charging consultations for multifamily developers, owners, property managers and HOAs.

The charging consultations have been made possible by funding from the Department of Energy, though that funding only runs through the end of September – so get your requests in soon. Forth may still offer consultations afterwards, but is still uncertain about funding so doesn’t want to promise anything – but the website will remain up for people to submit questions and find information, whether or not free consultations stick around.

But at the very least, as Forth points out, whether a multifamily development is interested in having EV charging at this moment or not, any developer should think about having the infrastructure, conduit and capacity ready to go for future install of EV chargers, and should consider the needs of current residents who are likely already considering EVs today.

It’s going to be necessary to install this capacity at some point, and doing so earlier can help save money down the line, make your development more attractive to renters today, and allow more renters to make the switch to cleaner transportation which helps air quality and to reduce climate change, both of which harm everyone on the planet.

Electrek’s Take

I’ve long said that the only real problem with EVs is the problem of access to consistent charging for people who don’t have their own garage. Whether this be apartment-dwellers, street-parkers or the like, the electric car charging experience is often less-than-ideal outside of single family homes, at least in North America.

There are workarounds available, like charging at work, or using Superchargers in “third places” where you often spend time, but these still aren’t optimal. The best thing is just to charge your car wherever it spends most of its time, which is your home. When you do that, EVs outshine everything in convenience.

We’ve highlighted some projects before which showed how reasonable it can be to install charging for developments. Every project is going to have its complexities, but when you see projects like this condo complex that managed to install chargers for just $405 per parking spot, all of a sudden it becomes a no-brainer not to have EV charging.

But the fact is, there just aren’t enough apartment complexes out there which have EV charging. So if Forth’s program can help residents or landlords with that, it can go a long way towards solving the only real problem with EVs.


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