Quote:
Originally Posted by Isaac Zachary
Well that settles it. It looks like I'm getting a used Bolt next.
I see a used 2017 Bolt for sale in Arvada for $13,765. The ad says "$4,000 tax credit comes off price." But I don't know if they're referring to any tax credit or if they mean state only, since both Colorado state and Federal tax credits are up to $4,000 each.
I wonder what words would be best to use to figure out if the car qualifies for both federal and state tax credits (don't they get it off only once?), and whether or not one or both of those are already factored into the price. I guess: "Does that Bolt get the Federal and State Tax Credits off that price making it potentially $8,000 less than avertised?... Yes, great! / No, well then goodbye."
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State and Federal tax credits stack. So if they are each $4,000 for a used EV you would get $8,000 off. The best way to tell what the dealer is advertising is to ask them and then check the paperwork.