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The Used EV Market Is Starting to Get Interesting

09 Apr 2023 | Abstracted from Jalopnik

"One of the more underreported aspects of the Inflation Reduction Act was a provision for a tax credit of up to $4,000 for buyers of certain used EVs. These tax credits come with a heap of restrictions..none...are too off the wall, and you can see what the intent is..Used electric vehicle sales in the United States rose 32% in the first three months of 2023 as prices fell..the used EV market is finally starting to emerge as something worth thinking about."


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