Dealers fear Cash for Clunkers scenario as EV credit transfer nears
Auto September 24, 2023, 0 Comment 10Starting in 2024, eligible EV buyers will be able to transfer federal tax credits to dealers and use those funds as a down payment. Dealers, anxiously awaiting details on the process, are worried about a Cash for Clunkers scenario that could leave them footing the bill for several months.
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