2016 Leaf owner here (bought it used in 2019). The perfect car for city errands and for my high school aged kid! We don't care if it gets dinged, we know she can't suddenly road trip unannounced, and it costs nothing to charge on 110V. Love the quirky look, too. Had a friend call it a "dragonfly" based on the funky headlights -- this has become the car's nickname.
I have almost the same, having a Seat Mii electric, called the Garlic car, it is a white small car that has 160 miles in range during summer months but less during winter. Extremely cheap, easy to park, fast and easy to drive in town and in narrow streets.
In Quebec, gas and oil-based heating systems have been on the way out for decades now. The vast majority of homes run on 100% electricity. Convection heaters and baseboard heaters have a massive market share, and heat pumps are used in most higher end homes. Also in Quebec, winters are soooo much colder than pretty much anywhere in America. Yep, it works.
As a city car I love my egolf. Definitely not one for a single car household, but if you can charge at home and have something else for road trips it’s a great option.
Black Friday 2024 I got a 2022 Kona electric Limited with 31,000 miles in excellent condition for $17,000 after the $4,000 credit. New MSRP was a whopping $42,500! I also have an ICE Optima, but I couldn't pass up the deal. My car insurance only went up $86 a month. I Level 1 charge at home and fast charge at a Blink station for .20/kwh.
I have an Hyundai Ioniq 28 KWh battery. It is DC fast charging at more than 70 kw and is insane efficient. The car has almost 5 years and I didn't see any degradation.
I snagged a 21 ID.4 AWD Pro S with 13k miles back in may that was CPO. Dealer had it listed at 28k , got them to drop to 24,500 and applied the tax credit on the price. It can be done if you search the country and find a comparable sale
The Mini SE is a compelling EV for FUN. I would have bought new but hated the range and battery chemistry at the price point for new. Agreed, as a used vehicle, totally fun.
One minor correction on the Bolt, 2019 and older battery packs was 60 kw (that pack had the fire concerns). 2020 and newer started using the 66 kw pack, which is the new pack for the older models also.
You guys need to do some research about range and battery size before presenting. Ioniq has 28kwh or 38kwh battery... depends on the year. MX30 only has 100mile range not the 130mi you state. Mini is rated at 114mi range. Plenty of NIRO EV's under 25k. Some decent low mileage ones in the teens. ID4 has quite a number of complaints about reliability....( check all the comments on car complaints)....hard to understand why you recommend it as reliable.
I'm surprised you guys brushed over the Kia Niro EV. In New England, they are easy to find under $25k. That was my plan. It's such a practical choice. The only problem... the styling is so boring. I just couldn't get excited to get one.
I don't want to ever do over 400 miles in a day, serious fatigue. Bolt will work just fine. Also, pick up a gen. 2 Volt! It's an electric car with a range extender. 50+ miles all electric and then 200+ miles electric with the range extender.
36:00 EV6 for 30k or under is awesome because a crossover/great battery chemistry. But shameless plug for Bob King Hyundai/Kia/Genesis in Winston-Salem North Carolina had a NEW Ioniq 6 (sedan) for 34K but RWD. I wanted AWL so mine was 38K new.
I'm in Los Angeles and it's not hard to find a dealership that does the tax credit up front, except they're all basically jacking their prices by 4K. Personally I've been looking at the Hyundai Kona and those show up at used dealerships around $18K - $20K, but always including the tax credit. On the other hand, I've been looking into a CPO Hyundai since they offer a brand new warranty on the battery for those, and the ones I've seen so far are the same price as at other dealerships (around $18K, sometimes even lower!) except they don't seem to be doing the tax credit. What a headache!
I’m in the LA area as well what kind of reaction have you been getting from dealers when you bring up the credit? There’s a few ev’s im interested in but I’m apprehensive when I don’t see the dealers even mention the credit funny enough I see them mentioned most on the mustang Mach e’s
Great info. I like the Kia Kona and Niro. I see them a lot. Interesting about SOC (low or high) for long periods of time. I love your "driving" videos.
The mach-e is now breaking under the 25k as well. As well as another flex ev, the jaguar I-pace Is now starting to break under 25k. Not particularly a good ev but you can say you drive a jag lol
Max and Ryan, Breaking News. Last night we did an update to our Rivian Navigator for Supercharger search. I did not see how to verify my mailing address for the adapter yet.
Kona ioniq and niro have issues with the motor / gear reduction unit. Good thing is this should be covered by the battery warranty which transfers to 2nd owners for 10 years 100k miles in the usa. Also niros are easy to find under 25k now.
Agree with you on the Ioniq Electric. I have had one for four years and think it's a great car. Super efficient. I really have no complaints about it other than the short range. Also, the earlier 28kwh battery model actually charged faster than the Bolt. Peaked at around 65kw. Given the efficiency and small battery, actually not bad at charging.
you kinda already did it in this video but you might want to double down on another video for used electric cars between $25k and $35k for customers who can't get the used EV tax credit and would feel basically insane for picking anything other than a brand new base model Y at $35k after new EV tax credit.
Most 2020-2021 Bolts are now excluded from a battery swap if a new software update determines that the battery is “OK” Buyers will encounter these as having the original battery and probably the software update which limits charging to 80% for 6200 mi and pending no problems… 100% is restored. The software update constitutes the recall work being completed.
WE just bought a used EV from a local Ford dealer. The dealer had us sign over the EV credit to them & then he chopped the credit amount from the purchase price. My question is do I need to do anything with the IRS come tax time or am I done? I think I read where I still need to fill out the IRS form 8936 even if I did time of sale EV credit, is that correct ??
According to the form, if the vehicle is used and $4000 credit was received the business/personal use doesn't apply? Can you get a used vehicle and occasionally use it for rideshare driving? Mixed use, maybe 50/50 business/personal miles and deduct mileage (not actual cost)?
Outstanding effort, You two covered the category remarkably quickly. Glad to see BMW i3 made the Honorable Mention List. I am an EV Nerd, and I learned some things! Respect!
Just a minor correction, the Polestar has similar charge rates but it's slower than a base Model 3. It'll do 10-80% in about 23 minutes for the LFP car.
Have a question, what if someone didn’t make enough money last year, like zero income or very minimum income, will they still be eligible for the full 4000 tax credit at the point of sale?
I just got a 2021 Kia Niro EV with 13,200 miles on it for 17k out the door after some negotiation and used ev tax credit applied at point of sale. killer deal imo
@@devoe4096range has been great! I’ve only charged it to 80% so far and it goes to 200 miles range at that point. Seems accurate. It adjusts as your driving and ac usage changes. So far so good
Yes, if it’s a first resale and the dealer has registered with the IRS ECO portal. Before the sale closes, the dealer can file a proposed sale report on the portal and has to certify under penalty of perjury that the vehicle is eligible, plus the buyer has to certify under penalty of perjury that the buyer is a qualified buyer. The buyer has to provide his/her SSN and adjusted gross income from the buyer’s previous year’s income tax return. On the spot, the portal will either find the transaction eligible or ineligible. The seller has to give the buyer a copy of the report at the time of sale.
Can someone help me with this question? Example: Used Chevy Bolt is advertised at dealership for 10,000: but after the sales tax and other fee's from the dealer the cost is more like 11, 500 out the door: but I also I also wish to purchase an extended warranty adding another 1500.00 to the total price bringing the final price to 13,0000, (if I also add the extended warranty) _________________________________________________ Can I say on the IRS EV used car credit program, that the cost of the car was 13,000? or do I have to use only the 10,000 price of the car, excluding the sales tax and dealer fee's and extended warranty cost ?
2016 Leaf owner here (bought it used in 2019). The perfect car for city errands and for my high school aged kid! We don't care if it gets dinged, we know she can't suddenly road trip unannounced, and it costs nothing to charge on 110V. Love the quirky look, too. Had a friend call it a "dragonfly" based on the funky headlights -- this has become the car's nickname.
I have almost the same, having a Seat Mii electric, called the Garlic car, it is a white small car that has 160 miles in range during summer months but less during winter. Extremely cheap, easy to park, fast and easy to drive in town and in narrow streets.
I did the exact same thing for the exact same reasons. Got my 2014 in 2017 for $9000. Great little car.
In Quebec, gas and oil-based heating systems have been on the way out for decades now. The vast majority of homes run on 100% electricity. Convection heaters and baseboard heaters have a massive market share, and heat pumps are used in most higher end homes.
Also in Quebec, winters are soooo much colder than pretty much anywhere in America.
Yep, it works.
Just bought 2016 chevy volt for 6k net after tax credit.
For the VW ID.4, just make sure it has been updated to the 3.1+ software. Huge improvement - from a current 2 year owner 2021 ID4
Like what
Better efficiency, faster charge, faster info center screen response, and a few software bugs ironed out
Im looking at one ID4 right now and Im pretty excited. I think I will go for it.
As a city car I love my egolf. Definitely not one for a single car household, but if you can charge at home and have something else for road trips it’s a great option.
Got a used model 3 2019 with no regrets has been running like a dream has been my fav car and I don’t think I could go back to an ice vehicle
So glad to hear the Mini SE brought in to the conversation, and the 'fun to drive' factor being mentioned. We love ours!
Black Friday 2024 I got a 2022 Kona electric Limited with 31,000 miles in excellent condition for $17,000 after the $4,000 credit. New MSRP was a whopping $42,500!
I also have an ICE Optima, but I couldn't pass up the deal.
My car insurance only went up $86 a month.
I Level 1 charge at home and fast charge at a Blink station for .20/kwh.
I have an Hyundai Ioniq 28 KWh battery. It is DC fast charging at more than 70 kw and is insane efficient. The car has almost 5 years and I didn't see any degradation.
What year?
@@MelHortizuela 2019
I snagged a 21 ID.4 AWD Pro S with 13k miles back in may that was CPO. Dealer had it listed at 28k , got them to drop to 24,500 and applied the tax credit on the price. It can be done if you search the country and find a comparable sale
The Mini SE is a compelling EV for FUN. I would have bought new but hated the range and battery chemistry at the price point for new. Agreed, as a used vehicle, totally fun.
used the tax credit when i got my 2020 chevy bolt in may. love it so far!
Thank you, guys, for such an informative video. Max, it's nice to see you without the skiing glasses this time haha, you have beautiful eyes.
Max does have beautiful blue eyes.
One minor correction on the Bolt, 2019 and older battery packs was 60 kw (that pack had the fire concerns). 2020 and newer started using the 66 kw pack, which is the new pack for the older models also.
the hardest thing is to find a dealer willing to do POS used tax credit. So so hard.
Yes I am struggling so bad lol or they're willing to do it but then the price is higher
Do it at the end of the year so you don’t have to wait too long for credit.
Find a private party and use keysavvy or some other escrow dealer service. Worked for me
You guys need to do some research about range and battery size before presenting. Ioniq has 28kwh or 38kwh battery...
depends on the year. MX30 only has 100mile range not the 130mi you state. Mini is rated at 114mi range. Plenty of NIRO EV's under 25k. Some decent low mileage ones in the teens.
ID4 has quite a number of complaints about reliability....( check all the comments on car complaints)....hard to understand why you recommend it as reliable.
I'm surprised you guys brushed over the Kia Niro EV. In New England, they are easy to find under $25k. That was my plan. It's such a practical choice. The only problem... the styling is so boring. I just couldn't get excited to get one.
I'd get a Kia EV6. They are available for $25k-$27k, so might have to bargain to get it down to $25k. Toyota bz4x is also close to $25k.
What ev6 have you seen that low?
@@alextrainor2552 check cars, autotrader, etc
I’ve seen some ev6 that were salvage or lemon law title around that price. A few more Ioniq 5s around that price with a clean title.
I don't want to ever do over 400 miles in a day, serious fatigue. Bolt will work just fine. Also, pick up a gen. 2 Volt! It's an electric car with a range extender. 50+ miles all electric and then 200+ miles electric with the range extender.
36:00 EV6 for 30k or under is awesome because a crossover/great battery chemistry. But shameless plug for Bob King Hyundai/Kia/Genesis in Winston-Salem North Carolina had a NEW Ioniq 6 (sedan) for 34K but RWD. I wanted AWL so mine was 38K new.
I'm in Los Angeles and it's not hard to find a dealership that does the tax credit up front, except they're all basically jacking their prices by 4K. Personally I've been looking at the Hyundai Kona and those show up at used dealerships around $18K - $20K, but always including the tax credit. On the other hand, I've been looking into a CPO Hyundai since they offer a brand new warranty on the battery for those, and the ones I've seen so far are the same price as at other dealerships (around $18K, sometimes even lower!) except they don't seem to be doing the tax credit. What a headache!
I’m in the LA area as well what kind of reaction have you been getting from dealers when you bring up the credit? There’s a few ev’s im interested in but I’m apprehensive when I don’t see the dealers even mention the credit funny enough I see them mentioned most on the mustang Mach e’s
Great info. I like the Kia Kona and Niro. I see them a lot. Interesting about SOC (low or high) for long periods of time. I love your "driving" videos.
The Kona isn’t Kia it’s Hyundai
The mach-e is now breaking under the 25k as well. As well as another flex ev, the jaguar I-pace Is now starting to break under 25k. Not particularly a good ev but you can say you drive a jag lol
The guy in the glasses looks like Toby McGuire 😂
Great info thanks
Max and Ryan, Breaking News. Last night we did an update to our Rivian Navigator for Supercharger search. I did not see how to verify my mailing address for the adapter yet.
Enjoyed this. Great information guys!
Kona ioniq and niro have issues with the motor / gear reduction unit. Good thing is this should be covered by the battery warranty which transfers to 2nd owners for 10 years 100k miles in the usa. Also niros are easy to find under 25k now.
Would y'all recommend the EV6 over the Niro EV if we can get one for $25,000 or less?
Agree with you on the Ioniq Electric. I have had one for four years and think it's a great car. Super efficient. I really have no complaints about it other than the short range. Also, the earlier 28kwh battery model actually charged faster than the Bolt. Peaked at around 65kw. Given the efficiency and small battery, actually not bad at charging.
Fantastic. You are an early, early adopter. I bought my 2024 Ioniq 6 in January and LOVE it.
you kinda already did it in this video but you might want to double down on another video for used electric cars between $25k and $35k for customers who can't get the used EV tax credit and would feel basically insane for picking anything other than a brand new base model Y at $35k after new EV tax credit.
As a PSA this same credit is applicable to plug in hybrids which hold their value really well compared to EVs.
On the model 3 battery degredation problem, you can simply check how much the car has degraded before you buy it.
My friend has an EV 6 and he's having problems with it. AC just stopped working on a 23" model. Regular battery draining is an issue too.
What's the income cap for taking advantage of the $4000 off?
75k single/married filling single, 150k married filing jointly
And 112K for head of household filer.
Most 2020-2021 Bolts are now excluded from a battery swap if a new software update determines that the battery is “OK”
Buyers will encounter these as having the original battery and probably the software update which limits charging to 80% for 6200 mi and pending no problems… 100% is restored.
The software update constitutes the recall work being completed.
WE just bought a used EV from a local Ford dealer. The dealer had us sign over the EV credit to them & then he chopped the credit amount from the purchase price. My question is do I need to do anything with the IRS come tax time or am I done? I think I read where I still need to fill out the IRS form 8936 even if I did time of sale EV credit, is that correct ??
Thank You folks for All that you are doing for our Planet Earth.... Peace.. Shalom.. Salam.. Namaste 🙏🏻 😊 🌈 ✌ ☮ ❤
How long do you have to keep the used car and can you use it for Uber driving?
According to the form, if the vehicle is used and $4000 credit was received the business/personal use doesn't apply? Can you get a used vehicle and occasionally use it for rideshare driving? Mixed use, maybe 50/50 business/personal miles and deduct mileage (not actual cost)?
What about an audi etron? 2019's coming way down in price
I love your guys dynamic
Great video for sure! Important topic, well covered.
Outstanding effort, You two covered the category remarkably quickly. Glad to see BMW i3 made the Honorable Mention List. I am an EV Nerd, and I learned some things! Respect!
Just a minor correction, the Polestar has similar charge rates but it's slower than a base Model 3. It'll do 10-80% in about 23 minutes for the LFP car.
You couldn't pay me to drive an ID4, especially the earlier ones that would now qualify.
Have a question, what if someone didn’t make enough money last year, like zero income or very minimum income, will they still be eligible for the full 4000 tax credit at the point of sale?
All good. See our video on tax credits!
Can you do a plug-in phev video with tax credits?
No.
I just got a 2021 Kia Niro EV with 13,200 miles on it for 17k out the door after some negotiation and used ev tax credit applied at point of sale. killer deal imo
How's the range been so far? I might get the 22" version.
@@devoe4096range has been great! I’ve only charged it to 80% so far and it goes to 200 miles range at that point. Seems accurate. It adjusts as your driving and ac usage changes. So far so good
i'm looking for a used first gen volt, one dealer said it qualifies one said it did not. is there a way to no difinatively
Yes, if it’s a first resale and the dealer has registered with the IRS ECO portal. Before the sale closes, the dealer can file a proposed sale report on the portal and has to certify under penalty of perjury that the vehicle is eligible, plus the buyer has to certify under penalty of perjury that the buyer is a qualified buyer. The buyer has to provide his/her SSN and adjusted gross income from the buyer’s previous year’s income tax return. On the spot, the portal will either find the transaction eligible or ineligible. The seller has to give the buyer a copy of the report at the time of sale.
www.irs.gov/credits-deductions/used-clean-vehicle-credit
@@clhsocial awesome TY very much
Don't even think about buying a Used EV. A New a is bad enough. You'll be Sorry
Or you'll really be happy not having to worry about oil changes ,gas prices, alternators, starters,belts etc etc.
Troll on hater. Troll on!
Depending on the type of road trip
I rather rent a car
Can someone help me with this question?
Example: Used Chevy Bolt is advertised
at dealership for 10,000:
but after the sales tax and
other fee's from the dealer
the cost is more like 11, 500 out the door:
but I also I also wish to purchase an extended warranty
adding another 1500.00 to the total price
bringing the final price to
13,0000, (if I also add the extended warranty)
_________________________________________________
Can I say on the IRS EV used car credit program,
that the cost of the car was
13,000? or do I have to use only the
10,000 price of the car, excluding the sales tax and dealer fee's
and extended warranty cost ?
Don't ever buy an EV, especially a used one $$$$$
wait a minute! The Tesla Model S was their first attempt at making a car???? All the Tesla Roadster owners beg to differ LOL
yes, it was their first attempt from the ground up. The original roadster was based on a Lotus platform