15 Used EVs that Qualify for the Electric Vehicle Tax Credit

The passing of the Inflation Reduction Act means that anyone looking for a used EV is in luck.

For the first time, used EVs are eligible for the federal EV tax credit. You could net up to $4,000 or 30% of the purchase price of a used EV, but there are some caveats.

Which used EVs qualify for the federal tax credit?

While the Inflation Reduction Act switched up a lot of things when it comes to EV tax credits, the most important change for many EV advocates is the eligibility of used EVs. For the first time, anyone buying a used EV could be eligible for up to a $4,000 tax credit, or 30% of the vehicle price.

This is great news for helping propel the clean vehicle market overall. It helps owners who want to trade up find more willing buyers, and it helps keep used vehicles in circulation for longer. It also helps make EVs much more affordable for the average U.S. resident, meaning more of us can switch from gas-guzzling ICE vehicles to clean, serene, EVs.

There are some caveats with the new rules, though, so if that tax credit is important to you, make sure you choose an EV model that meets the following criteria:

• Costs less than $25,000
• Is more than two years old
• Is being sold by the original owner (i.e., the tax credit is only available on the first sale of a used vehicle).

Note, too, that there are eligibility criteria for the buyer as well as the EV. 

Under the new rules, you can only claim the used EV tax credit once every three years. So, if you’re a family planning to purchase more than one used EV, be careful about who buys which vehicle and when. The person with the higher tax burden is likely best placed to purchase a higher cost used EV, for instance, so as to maximize the credit. 

That said, as with the tax credit for new EVs, there are income eligibility requirements for the purchasers:

• For anyone filing singly, your income must be $75,000 or less in the year of purchase or the preceding year
• For heads of household, the income limit is $112,500 
• For joint filers or a surviving spouse, the income limit is $150,000.

While these rules may seem a bit complex, the good news is that used EVs don’t have to meet any of the critical minerals or battery components requirements, nor the need for final assembly in North America.

The bad news is that many used EVs priced at $25,000 or less have limited range. For anything comparable to today’s EV range, you’ll want to look for a deal on a 2019 model if you can.

Here are 15 used EVs that could qualify for the federal tax credit.

#1. Chevy Bolt 2018 and Earlier

Price range used: from $21,977 to $25,000+

A new Chevrolet Bolt won’t get you a tax credit in 2022, so pick up a used Bolt and save even more with the $4,000 tax credit!The 2018 models forward offer at least 238 miles of range, which is far more than most EVs of the same age.

#2. Chevy Spark 2016 and Earlier

Price range used: from $9,495 to $18,684

Chevy discontinued the Spark EV after 2016, and the newer Bolt EV won’t net you a tax credit if you buy new. Give a Chevy Spark a new life (assuming only one previous owner) and enjoy a decent range of 82 miles while claiming a nice used EV tax credit and a vehicle costing well under $10k if you look around.

#3. Nissan Leaf Leaf models

Price range used: from $6,925 to $25,000

A new Leaf could cost $25,000 to more than $40,000, depending on the build.

Pick up a used Leaf for $25,000 (ideally $17,500) or less and save an extra $4,000 through the used EV tax credit. The Nissan Leaf is a tried and tested front-wheel-drive, five-door hatchback that’s been a favorite with EV enthusiasts since it launched in 2011. Even a 2016 Nissan Leaf has a range of more than 100 miles on a single charge. Find a 2019 model under $25k and you can net the used tax credit and enjoy a range of more than 200 miles (for a 2019 Nissan Leaf with a 62 kW-hr battery pack).

Leaf models our research determined qualify for the tax credit:

• Nissan Leaf S – 2019 and earlier 
• Nissan Leaf SV – 2018 and earlier 
• Nissan Leaf SV PLUS – 2019 and earlier
• Nissan Leaf SL – 2018 and earlier
• Nissan Leaf S-24 – 2016 and earlier

#4. Toyota Mirai Base 2019 and earlier 

Price range used: from $11,239 to $24,700

The Toyota Mirai is a 4-door sedan EV that likely won’t qualify for the new car EV tax credit. You’ll pay full price ($49,500 or more) new but could pick up a 2019 Toyota Mirai for $24,700 or less and save an additional $4,000 with the used EV tax credit.

#5. Toyota RAV4 EV Base – 2013 and earlier 

Price range used: from $14,098 to $21,500

A new Toyota RAV4 Prime EV will cost at least $40,300 and likely won’t net you the EV tax credit. Go used and you can save a bundle, though you’ll miss out on some features as 2014 models and later are selling at prices higher than the used EV tax credit cut-off of $25,000.

#6. Volkswagen e-Golf SE

Price range used: from $10,950 to $25,000+

There’s not been a new version of the VW e-Golf since 2019, so if you’re keen on this 5-seat all-electric hatchback, you can pick one up used and claim the tax credit.

Bear in mind that the e-Golf has a much shorter range than similar EVs like the Nissan Leaf and Chevy Bolt though, at just 125 miles for the 2019 model.

Additional e-Golf models our research determined qualify for the tax credit:

• Volkswagen e-Golf SEL Premium 
• Volkswagen e-Golf LE

#7. BMW i3 Base & i3 60 Ah

BMW i3 Base price range used: from $12,900 to $22,877

i3 60 Ah price range used: from $22,749

It doesn’t look like any BMW EVs will qualify for the new EV tax credit in 2022, so if you’re keen on an electric bimmer, going used is your best bet. The BMW i3 is no longer available new, but BMW has certified used i3 inventory available for under $25,000 across the U.S.

#8. Mercedes-Benz B-Class Electric Drive 

Price range used: from $11,900 to $24,988

Mercedes-Benz no longer makes the B-Class 250e, AKA the Electric Drive. That’s likely because its range for 2015-2017 versions was less than 100 miles on a full charge. If you’re just looking for a Mercedes to nip about town, though, a used 250e could be just the ticket.

#9. Hyundai Nexo 

Price range used: from $16,999 to $24,995

Hyundai doesn’t make any models that qualify for the new EV tax credits in 2022, so if you like this brand, you could pick up a Hyundai Nexo EV for easily less than $25,000 and claim the used EV tax credit too. Find a 2019 model and you’re looking at a range of 380 miles on a single charge!

#10. FIAT 500e Base

 Price range used: from $7,997 to $24,477

A great city car, offering a range of about 84 miles, the Fiat 500e is zippy, tiny, and a favorite with folks who hate parallel parking. The 2022 Fiat 500e has a range of about 199 with the bigger battery option, though, so if you have range anxiety, a used 2019 or earlier Fiat 500e might not be for you.

#11. Tesla Model S Base

Price range used: from $24,000

That’s right, if you look hard, you may be able to find a Tesla Model S for under $25,000. Who said you can’t claim a tax credit on a Tesla in 2022?! The downside is that you’re likely looking at a Model S that’s covered at least 100,000 miles, so used is… well, used.

#12. Kia Soul EV Base

Price range used: from $12,995 to $18,995

Pick up a 2018 or 2019 Kia Soul and enjoy a range of around 111 miles, along with a tax credit up to $4,000. Kia has said publicly that none of its vehicles will qualify for the new EV tax credits, so used is the way to go for 2022 and the near future. Kia Soul’s made before 2018 have 20% less range, though, so bear this in mind if you’ll be going a while between charges.

Additional Kia Soul models that could qualify for the used EV tax credit:

• Kia Soul EV +
• Kia Soul EV EV-E 

#13. Ford Focus Electric

Price range used: from $9,995 to $23,500

Ford Focus Electric vehicles got a range boost in 2017, so if you’re going used and need a bit more battery life, choose your year wisely. As things stand, it doesn’t look like a new Ford Focus qualifies for the new EV tax credit, at least in 2022. So if you’re after a Ford, complete with all its ease of charging and servicing across the U.S., used is a good way to go this year.

#14. Ford Transit Connect Electric Cargo Van XLT

Price range used: from $5,500 to $19,950

Ford was the first to launch an all-electric cargo van (in 2010) but just announced it won’t make any more Transit Connect vans after 2023. If you want to claim the EV tax credit for a Ford Transit Connect, then, you’re going to have to go used. This is a van that could be used for a conversion, and as we have documented in a recent post, could even house solar panels on the roof.

#15. Smart fortwo electric drive prime, pure, and passion 

Price range used: from $7,795 to $23,991

While nippy and easy to park, Smart fortwo EVs offer little range (less than 58 miles for 2019 models and earlier). If you’re just looking for a used EV to cover small distances, and have easy access to a charger, a used Smart fortwo could cost you as little as $5,600, once you apply the used EV tax credit!

Things to keep in mind

Although the models listed above do seem to qualify for the used EV tax credit, it is important to keep two things in mind as you look around:

1. The price you pay for the used EV determines eligibility, as does the number of times the EV has been sold, and its age. The price cutoff is $25,000 and the EV must be more than two years old, and must be on the market for the first time.
2. There are also income limits for buyers of used EVs who hope to claim the tax credit. For anyone filing singly, your income must be $75,000 or less in the year of purchase or the preceding year. For heads of household, the income limit is $112,500. For joint filers or a surviving spouse, the income limit is $150,000.

Good luck and happy hunting!