How big is the used EV tax credit?

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What if a buyer has insufficient tax liability to fully use a transferred credit?

Can I use the used EV tax credit to reduce my upfront payment with Caramel?

What are the qualifications for the used EV tax credit?

How big is the used EV tax credit?

How do I apply the tax credit with Caramel?

How big is the used EV tax credit?

Sep 3, 2025

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Updated

UPDATE: Due to the EV Tax Credit expiring on 9.30.2025 we will require that any new transactions seeking this credit be initiated before 9.15.2025 to allow time for processing.

The tax credit extends up to $4,000. However, it is capped at the lower of: a) 30% of your purchase price before taxes and fees, b) your income tax liability for the year.

How do I apply the tax credit with Caramel?

What are the qualifications for the used EV tax credit?

Why is my private party sale eligible for the used EV tax credit with Caramel?

Can I use the used EV tax credit to reduce my upfront payment with Caramel?

Does Caramel charge a fee?

Articles in this section

How big is the used EV tax credit?

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