Yes! Qualified buyers are able to apply the full EV tax credit toward the purchase of eligible electric vehicles. When you accept your seller's price on KeySavvy, you can select that you plan to apply for the federal used EV tax credit.
How does this work? If the sale price is $20,000 and qualifies for the maximum $4,000 credit, the buyer pays $16,000 to us, and the seller receives the full $20,000 (minus our fee, if applicable). After the buyer picks up the vehicle, the IRS pays us the remaining $4,000 directly.
If the buyer is financing their purchase, the credit is applied as a cash down payment. The buyer can choose to pay an additional down payment if they wish.
Read more about how to get the used EV tax credit here.