What is the maximum MSRP for vehicles to qualify for the tax credit

What is the maximum MSRP for vehicles to qualify for the tax credit

To qualify for the federal electric vehicle tax credit, there are maximum Manufacturer’s Suggested Retail Prices (MSRP) for vehicles:

  • Vans, SUVs, and pickup trucks: The maximum MSRP is $80,000 or less.
  • Sedans and passenger cars: The maximum MSRP is $55,000 or less.
  • Used vehicles: The maximum sale price is $25,000 or less.

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