Can I use the used EV tax credit to reduce my upfront payment with Caramel?

Caramel accepts the 2024 used EV tax credit both at the point of sale to reduce the amount you pay upfront or as a credit toward your tax when you file for the year.  If you use the tax credit upfront, we simply reduce your bill by the amount of the credit up to $4,000, while we pay your seller the full purchase price.

When you go through the standard Caramel checkout process, we become the dealer of record on your sale so you can take advantage of the credit.  

Caramel submits the necessary documents on our end and provides you with the forms you’ll need from us.  Please note that you and the vehicle need to meet the requirements set forth by the IRS (Info Here and Here).