Connecticut State Tax Incentives for Purchasing a Used EV
State-Level Tax Incentives
Connecticut offers a variety of incentives to encourage the purchase of used electric vehicles (EVs). While Connecticut does not provide a specific tax credit for purchasing used EVs, it does offer other financial incentives.
Connecticut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR)
The CHEAPR program offers rebates for the purchase of new and used EVs, including both fully electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs). For used EVs, the rebate can be up to $3,000 depending on the type and income level of the purchaser.
Eligibility criteria:
- The vehicle must be purchased from a licensed Connecticut dealer.
- The sale price must be under $50,000.
- Income eligibility restrictions apply for some rebates.
For more details, visit here.
Utility Company Rebates
Several utility companies in Connecticut provide rebates and incentives for purchasing EVs. These rebates can apply to both new and used EVs and can help lower the overall cost of ownership.
Eversource Energy and United Illuminating:
Eversource and United Illuminating offer a rebate of up to $1,000 for used EV purchases. Additionally, both utilities offer incentives for installing home charging stations.
For more details, visit here.
For United Illuminating, visit here.
Local and Municipal Programs
Some municipalities in Connecticut offer additional incentives for residents purchasing EVs. Check with your local town or city for programs that may offer rebates or discounts.
Additional Resources
For a complete list of incentives and rebates available for electric vehicle purchases in Connecticut, visit the following resources:
