Clean Vehicle Tax Credit in 2025 (Amounts & Eligibility)
The clean vehicle tax credit helps eligible consumers reduce the cost of purchasing a qualified new or used electric vehicle (EV) or plug-in hybrid. This federal tax credit offers up to $7,500 for new EVs and up to $4,000 for used models. Rules differ for new versus used vehicles, and not all EVs qualify. Understanding...
April 24, 2025