Best Used Electric Vehicles
Good options are limited, but qualifying buyers can get a $4,000 federal credit for the purchase of a used EV
When it comes to used electric vehicles, there aren’t yet a ton of options from which shoppers can choose. Most are from Tesla, as the brand has come to lead sales of EVs over the past decade. However, there is a new upside to buying a used EV: An overhaul of the tax credit structure for electric vehicles last year included a first-time $4,000 credit for buying a qualified used model.
Because of ongoing reliability problems with EVs in general, only two 3-5 year old used EVs have at least average reliability.