Clean Vehicle Tax Credit
Clean Vehicle Tax Credit
Save When You Purchase a Qualifying Used Electrified Vehicle
We welcome you to a better driving age. At Ourisman Chevrolet of Marlow Heights, we take pride in offering outstanding deals and unforgettable vehicles to our customers. The Clean Vehicle Tax Credit helps those who want to experience an electrified vehicle without paying the new-car prices.
This program began on January 1, 2023. It applies to vehicles that are at least two years old in the current year. To qualify, the electrified vehicle must be a used electric vehicle (EV), plug-in hybrid (PHEV), or fuel-cell vehicle (FCV) from a licensed dealership priced at $25,000 or less.
Take advantage of this outstanding deal and discover how much you can save.
How the Clean Vehicle Tax Credit Works
You don't have to wait to file your taxes in order to benefit from this program. Instead, the Clean Vehicle Tax Credit on pre-owned vehicles applies at the time of sale to eligible shoppers.
When you purchase an EV, PHEV, or FCV with a sale price that's under $25,000 and at least two years old as of the current year, this credit offers 30% off the vehicle's sale price with a maximum savings of up to $4,000.
Who Qualifies for the Clean Vehicle Tax Credit?
- Owners who purchased the vehicle for personal use, not for resale
- Not the original (new) vehicle owner
- Not eligible to be claimed as a dependent on another's tax return
- Now have claimed another used clean vehicle credit in three years before the purchase date
- Your modified adjusted gross income may not exceed:
- $150,000 for married filing jointly or a surviving spouse
- $112,500 for heads of households
- $75,000 for all other filers
What Vehicles Qualify for the Clean Vehicle Credit?
- Have a sale price of $25,000 or less
- Have a model year at least two years earlier than the current calendar year when you purchase it
- Be an eligible FCV, PHEV, or EV with a battery capacity of at least 7 kWh
- Not have been transferred after August 16, 2022, to a qualified buyer
- Have a GVWR of less than 14,000 pounds
- Be for use primarily in the United States
Shop for Qualified Used Electric Vehicles at Ourisman Chevrolet of Marlow Heights
Learn More About the Used Clean Vehicle Credit:
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Ourisman Chevrolet
4400 Branch Ave
Marlow Heights, MD 20748
- Sales: (301) 778-7951
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