12 Aug 2022 | Abstracted from Prospect
"...the $4,000 tax credit is not subject to the same critical mineral and battery component requirements as the $7,500 rebate..."...the market for EVs was much smaller 12 years ago...there simply aren't a lot of used EVs on the market today. So dealers are likely to have a greater advantage in setting the appropriate price. There is no guarantee that a $4,000 tax credit for used EVs won't translate into a $4,000 price rise..."
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