Welcome to 2023. With nearly two years of an overly-inflated used car market, second-hand car prices are finally trending downwards across the board. Used electric cars are now becoming more attainable, and with the recent signing of the controversial Inflation Reduction Act, there is an opportunity some consumers can take advantage of: a $4,000 used EV tax credit. But before going ahead and purchasing a used EV, it's essential to understand how the credit works.
