With just under two weeks remaining before the end of a significant federal subsidy, potential buyers of used electric vehicles in the U.S. have a limited window to take advantage of a $4,000 tax credit. The subsidy, part of the Inflation Reduction Act of 2022, will no longer be available after September 30, 2025, due to legislative changes led by Republicans in Congress and the White House.
As electric cars become more prevalent in the U.S. market, buyers have a plethora of models to choose from. However, to qualify for the federal tax credit, the used electric vehicle must meet specific criteria, including a purchase price of $25,000 or less and a model year of 2023 or earlier. While many of the following models do not meet these criteria, they represent the diverse options available:
- Acura ZDX
- Audi e-tron Sportback
- Audi e-tron GT
- Audi Q4 e-tron
- Audi Q6 e-tron
- Audi Q8 e-tron
- BMW i4
- BMW i5
- BMW i7
- BMW iX
- Cadillac Escalade IQ
- Cadillac LYRIQ
- Cadillac OPTIQ
- Cadillac VISTIQ
- Chevy Blazer EV
- Chevy Equinox EV
- Chevy Silverado EV
- Dodge Charger BEV
- Fiat 500e
- Ford F-150 Lightning
- Ford Mustang Mach-E
- Genesis G80
- Genesis GV60
- Genesis GV70
- GMC Hummer EV
- GMC Sierra EV
- Honda Prologue
- Hyundai Ioniq 5
- Hyundai Ioniq 6
- Hyundai Ioniq 9
- Hyundai Kona EV
- Jaguar I-PACE
- Jeep Wagoneer S
- Kia EV6
- Kia EV9
- Kia Niro EV
- Lexus RZ
- Lucid Air
- Lucid Gravity
- Mercedes EQS Sedan
- Mercedes EQS SUV
- Mercedes EQE Sedan
- Mercedes EQE SUV
- Mercedes EQB
- Mercedes G-Class
- MINI Countryman
- Nissan Ariya
- Nissan LEAF
- Polestar 2
- Porsche Macan
- Porsche Taycan
- Rivian R1S
- Rivian R1T
- Subaru Solterra
- Tesla Model Y
- Tesla Model 3
- Tesla Model S
- Tesla Model X
- Tesla Cybertruck
- Toyota BZ4X
- Vinfast VF8
- Volvo C40
- Volvo XC40
- Volvo EX30
- Volvo EX40
- Volvo EX90
- Volkswagen ID.4
- Volkswagen ID.Buzz
Some discontinued models, such as the Chevy Bolt and BMW i3, remain available for purchase in the used car market.
For those interested in maximizing their benefits from the $4,000 credit, particular models stand out as viable options. These include the Ford Mustang Mach-E, Hyundai Ioniq 5, Kia EV6, and Volkswagen ID.4. Tesla enthusiasts might consider the more widely available Tesla Model Y and Model 3.
Kia EV6
A quick search on Carfax reveals several Kia EV6 models priced under $20,000, with more listed slightly above this threshold. Lower-priced options may have high mileage or other issues, yet spending a bit more can secure a better deal. The highlighted model is priced attractively at $20,415 before the tax credit.
Ford Mustang Mach-E
Plenty of Ford Mustang Mach-Es can be found for under $20,000. However, prospective buyers should be cautious of high mileage or other factors. The featured vehicle is a 2023 model with less than 50,000 miles, priced around $20,000.
Hyundai IONIQ 5
The IONIQ 5 offers a balance of passenger comfort, range, and affordability. Options abound near $15,000, with less mileage versions available for $20,000–25,000. The featured option is a standout choice.
Volkswagen ID.4
The Volkswagen ID.4 is another option, with prices sometimes dipping just above $10,000 for high-mileage or branded title vehicles. The highlighted ID.4 is priced at $16,000, with 61,000 miles on the odometer, a 2021 model year.
Have you considered these models, or do you have other favorites in mind?
Original Story at cleantechnica.com