09-25-2023, 07:19 AM
Dealers fear Cash for Clunkers scenario as EV credit transfer nears
<p>Starting 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.</p>
https://www.autonews.com/dealers/car-dea...-transfers
<p>Starting 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.</p>
https://www.autonews.com/dealers/car-dea...-transfers