Carvana Introduces Instant Federal Tax Credit for Used EV Purchases
New feature allows customers to apply up to $4,000 Clean Vehicle Tax Credit at checkout, enhancing affordability and convenience.
- Carvana's system automatically checks and applies the Clean Vehicle Tax Credit for eligible used EVs and plug-in hybrids.
- Customers can save up to $4,000 instantly, rather than waiting for tax refunds the following year.
- This initiative aims to make EVs more accessible by lowering the upfront cost and simplifying the buying process.
- The tool highlights vehicles qualifying for the tax credit, ensuring customers can shop with confidence.
- EV adoption continues to grow, but challenges like charging infrastructure and vehicle affordability remain.