There’s a Tax Credit for Used Electric Cars?
By now you may already know about the Federal EV Tax Credit for new battery electric vehicles (BEV), plug-in hybrids (PHEV) and hydrogen fuel-cell vehicles (FCEV). If fully qualified, consumers can see up to $7,500 on their federal tax return for the purchase or lease of one of these kinds of vehicles, but did you know there’s another tax credit for used EVs and PHEVs? Here’s how it works. #KBB
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