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$20,000 to $25,000: 5 Best Used Electric Vehicles (EVs) Eligible for $4,000 Federal Tax Credit – Must Know Before You Buy!

Affordable used electric cars like the Chevrolet Bolt EUV, Tesla Model 3, and Nissan Leaf Plus are available under $25,000 and may qualify for a $4,000 federal tax credit.

Best Used Electric Cars Under $25,000 That Qualify for a $4,000 Tax Credit

According to Car And Driver, if you want to buy an electric car without spending too much, there are some good choices for under $25,000. These cars might also qualify for a $4,000 federal tax credit, which you can use right when you buy the car. To get this credit, the used car must be at least two years old, cost less than $25,000, and have a battery with at least 7.0 kWh.

Some of the best-used electric cars in this price range are the 2022 Chevrolet Bolt EUV, the 2018-2022 Tesla Model 3, and the 2019-2022 Hyundai Kona Electric. These cars offer a good mix of driving range, performance, and comfort. The Tesla Model 3 is known for its long-range and fast charging, while the Chevrolet Bolt EUV is practical and easy to drive.

READ ALSO: $6 Billion in Savings: Biden’s Medicare Drug-Price Negotiation Program Set to Benefit Seniors

$20,000 to $25,000: 5 Best Used Electric Vehicles (EVs) Eligible for $4,000 Federal Tax Credit – Must Know Before You Buy! (PHOTO: Car and Driver)

Top Affordable EVs: Nissan Leaf Plus and BMW i3 for Reliability and Federal Tax Savings

Other great options include the 2019-2022 Nissan Leaf Plus and the 2018-2021 BMW i3. The Nissan Leaf Plus can go over 200 miles on a full charge, and the BMW i3 has a unique design and uses advanced materials like carbon fiber. These cars are reliable, and affordable, and can help you take advantage of the federal tax credit.

READ ALSO: Taxing Issues: Colorado’s Property Tax Crisis, Rising Costs, and What’s at Stake for Homeowners and Businesses

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