Electric Car Tax Rebate 2024. Tax credits up to $7,500 are available for eligible new electric vehicles and up to $4,000 for eligible used electric vehicles. Beginning in 2024, buyers can transfer clean vehicle credits to qualified sellers at the time of sale and use the credit amount as a down.
It could make the difference between buying and not buying an electric carโso it’s key to which vehicles are eligible for the tax credit for evs in 2024. But new provisions in 2022โs inflation reduction act have made the ev tax credit easier to claim.