30% of purchase price up to $4,000 on qualifying used EVs from a licensed dealer.
IRC §25E provides a $4,000 (or 30% of price, lesser) credit on used EVs priced ≤$25K, model year 2+ years old, bought from a licensed dealer. Income cap $75K single / $150K MFJ (modest). Transferable to the dealer at point of sale for immediate discount since 1/1/2024. Combine with state EV rebates (CA CVAP, CO $6K, NY $2K).
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6,000+ lb SUV/truck — deduct nearly the full price year 1.
Dedicated fuel cards with 25¢/gal rebates, 30-day float, and no personal guarantee.
Stack app rebates + fuel card + rewards card for 40–60¢/gal off.
Owner-operators get 20–60¢/gal off diesel via fleet fuel networks — no fee.
Write off up to 100% of a business vehicle over 6,000 lb GVWR in Year 1.
Lease deducts 100% of payments; buy deducts depreciation — pick by term and use.
Lease any EV and get the full $7,500 credit — no income cap, no assembly rules.
30% credit up to $1,000 (home) / $100,000 (business) on EV charging equipment.