The Expert Podcast

This is a great resource from JD Power and Associates, and we'll put the link below about how to find all the incentives for you for electric vehicles, both new and used. The new Build Back Better law signed has a lot of new incentives for electric vehicles, including used ones. There are some criteria they've introduced, such as income requirements, value requirements, and also manufacturer requirements. However, there are many places where electric vehicles have incentives, including federal incentives and federal tax credits.

You also have state and local incentives. Every state has some type of incentive for electric vehicles, and many utility companies have incentives as well. Your electric company may be offering an incentive, or you may have local cooperatives that can help offset the cost of putting a charger in your house. Some employers have incentives, and you might find that dealers could have some input on this. However, you don’t want to necessarily get it from the dealer because they may not know all of them. You want to use this guide from JD Power, which gives you all the links to the various credits, ensuring you don't miss out on any. This makes it easier to offset the additional cost of purchasing a new or used electric vehicle.