Skip to main content
April 1, 2025
Question

my Clean Vehicle Credit has only 4k, it is a new car and should be 7.5K Program didn't ask for the sale price of my car???

  • April 1, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    April 1, 2025

    Is your credit $4,000 or $3,750?  If it is $4,000, it sounds like you entered something to say that it is a used EV.  The Used EV credit would be $4,000.  

     

    If the credit is $3,750, it is because your vehicle does not qualify for the $7,500 as it only meets one of the criteria not both based on fueleconomy.gov.

     

    For vehicles placed in-service April 18, 2023 and after:

    Vehicles will have to meet all of the same criteria listed above, plus meet new critical mineral and battery component requirements for a credit up to:

    • $3,750 if the vehicle meets the critical minerals requirement only
    • $3,750 if the vehicle meets the battery components requirement only
    • $7,500 if the vehicle meets both

    A vehicle that doesn't meet either requirement will not be eligible for a credit.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"