Yes, several states in the U.S. offer incentives specifically for used electric vehicles (EVs). These incentives come in various forms such as rebates, tax credits, or exemptions that help reduce the cost of purchasing or leasing a used EV. Here are some notable examples:
State Incentives for Used Electric Vehicles
- New Hampshire: The New Hampshire Electric Co-op offers rebates of $1,000 for the purchase or lease of a new or used battery electric vehicle (BEV) and $600 for a new or used plug-in hybrid electric vehicle (PHEV). Additionally, Pasadena Water and Power provides up to $750 in rebates for residential customers purchasing or leasing a used or new EV, with additional rebates available based on purchase location and income qualification.
- Florida: The Orlando Utilities Commission offers a $200 rebate for residential customers who purchase or lease an eligible new or used EV, provided the application is made within six months of the purchase or lease.
- Oregon: The Clean Vehicle Rebate Program includes the Charge Ahead program, which provides low and moderate-income households a rebate of $2,500 for purchasing or leasing a new or used BEV or PHEV, with a vehicle MSRP cap of $50,000.
- Pennsylvania: Duquesne Light Company offers a $1,000 rebate for customers who buy or lease a used BEV or PHEV. The state also has an Alternative Fuel Vehicle rebate offering $750 for one-time preowned BEVs and $500 for preowned PHEVs with less than 75,000 miles.
- Washington: The state exempts the 6.5% retail sales tax on the sale or lease of used BEVs or PHEVs with a minimum range of 30 miles, effectively reducing the purchase cost.
- Alameda, California: Alameda Municipal Power provides rebates up to $4,000 for used all-electric vehicles priced below $40,000.
- Massachusetts: The MOR-EV Used Vehicle Program offers rebates to residents who purchase eligible used electric or fuel cell vehicles, with income qualifications and other requirements applying. Rebates can be up to $3,500, similar to the program for new EVs.
Federal Tax Credit for Used EVs
In addition to state programs, the federal government offers a Used Clean Vehicle Credit starting in 2023. Buyers who purchase a qualified used electric vehicle from a licensed dealer for $25,000 or less can receive a tax credit equal to 30% of the sale price, up to $4,000. Eligibility depends on several factors including income limits, not being the original owner, and not having claimed the credit within the prior three years.
Summary
Several states like New Hampshire, Florida, Oregon, Pennsylvania, Washington, California (Alameda), and Massachusetts provide direct rebates or tax exemptions for used electric vehicles. On top of these state incentives, the federal government also offers a tax credit for qualifying used EV purchases through licensed dealers. These combined incentives help make used electric vehicles more affordable and accessible across many parts of the U.S.
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