The Treasury Department issued guidelines for consumers to get the federal Electric Vehicle (EV) tax credit as an instant rebate at the dealership beginning January 1, 2024 rather than receiving it as a credit when you file your taxes the following year. A new EV can be up to $7,500 cheaper the day you purchase the vehicle and a used clean vehicle can be $4,000 less. Consumers should check fueleconomy.gov to see which vehicles are eligible for the credit.
The guidance provides additional information on registration requirements and how the mechanics of this transfer will work for car dealers. US Dept of the Treasury