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CARFAX: EV and Hybrid Sales Surge as Federal Tax Credit Nears End

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CARFAX reports a significant surge in electric vehicle (EV) and hybrid sales as the federal tax credit deadline approaches on September 30, 2025. Data shows these vehicles are selling 30% faster than at the beginning of summer, while overall vehicle sales remain steady.

The expiring tax credits include $7,500 for new EVs and $4,000 for used models under the Inflation Reduction Act. Despite increased demand, prices have maintained stability. CARFAX provides essential tips for potential buyers, including thorough research, budget planning, test driving, and pre-purchase inspections.

CARFAX segnala un forte aumento delle vendite di veicoli elettrici (EV) e ibridi mentre si avvicina la scadenza del credito d'imposta federale il 30 settembre 2025. I dati indicano che questi veicoli vengono venduti il 30% più rapidamente rispetto all'inizio dell'estate, mentre le vendite complessive di veicoli rimangono stabili. I crediti d'imposta in scadenza includono 7.500 dollari per i nuovi EV e 4.000 dollari per i modelli usati ai sensi della Inflation Reduction Act. Nonostante la domanda aumentata, i prezzi restano stabili. CARFAX offre consigli essenziali per i potenziali acquirenti, tra cui una ricerca approfondita, la pianificazione del budget, i test drive e ispezioni pre-acquisto.

CARFAX informa de un notable aumento en las ventas de vehículos eléctricos (VE) e híbridos a medida que se acerca la fecha límite del crédito fiscal federal el 30 de septiembre de 2025. Los datos muestran que estos vehículos se venden un 30% más rápido que a principios del verano, mientras que las ventas generales de vehículos se mantienen estables. Los créditos fiscales que caducan incluyen 7.500 $ para EVs nuevos y 4.000 $ para modelos usados bajo la Inflation Reduction Act. A pesar de la mayor demanda, los precios se han mantenido estables. CARFAX ofrece consejos esenciales para compradores potenciales, como investigación exhaustiva, planificación del presupuesto, pruebas de manejo y inspecciones previas a la compra.

CARFAX는 연방 세액 공제의 마감일이 다가오면서 전기차(EV) 및 하이브리드 차량 판매가 크게 증가하고 있다고 보고합니다. 2025년 9월 30일 마감일에 근접합니다. 데이터에 따르면 이들 차량은 여름 초반보다 30% 더 빨리 판매되고 있지만, 전체 차량 판매는 안정적입니다. 만료되는 세액공제에는 새 EV에 대해 7,500달러, 중고 모델에 대해 4,000달러가 포함됩니다(Inflation Reduction Act에 따라). 수요가 증가했음에도 가격은 안정적입니다. CARFAX는 예비 구매자에게 철저한 리서치, 예산 계획, 시승, 구입 전 점검 등 필수 팁을 제공합니다.

CARFAX annonce une forte hausse des ventes de véhicules électriques (VE) et hybrides à l'approche de la date limite du crédit d'impôt fédéral, le 30 septembre 2025. Les données montrent que ces véhicules se vendent 30 % plus rapidement qu'au début de l'été, tandis que les ventes globales de véhicules restent stables. Les crédits d'impôt arrivant à expiration comprennent 7 500 $ pour les VE neufs et 4 000 $ pour les modèles d'occasion en vertu de la Inflation Reduction Act. Malgré une demande accrue, les prix restent stables. CARFAX fournit des conseils essentiels pour les acheteurs potentiels, notamment une recherche approfondie, la planification du budget, des essais routiers et des inspections pré-achat.

CARFAX meldet einen deutlichen Anstieg der Verkäufe von Elektrofahrzeugen (EV) und Hybridfahrzeugen, während die Frist für den bundesstaatlichen Steuerkredit am 30. September 2025 näher rückt. Daten zeigen, dass diese Fahrzeuge 30 % schneller verkauft werden als zu Beginn des Sommers, während die Gesamtverkäufe von Fahrzeugen stabil bleiben. Die auslaufenden Steueranreize umfassen 7.500 $ für neue EVs und 4.000 $ für gebrauchte Modelle gemäß dem Inflation Reduction Act. Trotz gestiegener Nachfrage bleiben die Preise stabil. CARFAX liefert wichtige Tipps für potenzielle Käufer, darunter gründliche Recherche, Budgetplanung, Probefahrten und Inspektionen vor dem Kauf.

CARFAX تقر بأن مبيعات المركبات الكهربائية (EV) والهجينة تشهد ارتفاعاً ملحوظاً مع اقتراب تاريخ انتهاء الائتمان الضريبي الفيدرالي في 30 سبتمبر 2025. وتشير البيانات إلى أن هذه المركبات تباع بزيادة قدرها 30% أسرع مما كانت في بداية الصيف، بينما تبقى مبيعات المركبات الإجمالية مستقرة. تشمل الاعتمادات الضريبية المنتهية 7,500 دولار للمركبات الكهربائية الجديدة و 4,000 دولار للموديلات المستعملة وفقاً لقانون خفض التضخم. على الرغم من الطلب المتزايد، تبقى الأسعار مستقرة. تقدم CARFAX نصائح أساسية للمشترين المحتملين، بما في ذلك البحث المتعمق، تخطيط الميزانية، قيادة الاختبار، وفحص ما قبل الشراء.

CARFAX 报告称,随着联邦税收抵免截止日期临近(2025 年 9 月 30 日),电动汽车(EV)和混合动力车型的销量显著上升。数据显示,这些车型的销售速度比夏初快 30%,而整车销量总体保持稳定。即将到期的税收抵免包括 新 EV 的 7,500 美元二手车型的 4,000 美元,依据《通货膨胀削减法案》。尽管需求增加,价格仍然稳定。CARFAX 为潜在买家提供关键建议,包括深入研究、预算规划、试驾以及购前检查。

Positive
  • None.
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  • Federal EV and hybrid tax credits ending September 30
  • Limited time remaining for buyers to take advantage of incentives

Overall Car Sales Remained Steady this Summer as EV and Hybrid Demand Accelerated

CENTREVILLE, Va., Sept. 25, 2025 /PRNewswire/ -- Car shoppers are racing to buy electric vehicles before time runs out. With the federal tax credit for new and used EVs and some plug-in hybrids set to expire at the end of September, CARFAX data shows EVs and hybrids are selling much faster than usual, even as their prices hold steady.

Now, EVs and hybrids are selling about 30% faster than they were at the start of the summer, according to CARFAX data. Over the same period, overall vehicle sales have remained mostly steady, despite analysis showing that overall vehicle sales trends typically align with EV and hybrid sales. This gap marks a major shift in consumer buying behavior, as EV and hybrid demand break from traditional sales patterns seen over the last few years.

"EV and hybrid sales are spiking, yet prices remain stable," said Patrick Olsen, Editor-in-Chief at CARFAX. "For shoppers considering a purchase, experts say now is the time to act."

The Inflation Reduction Act included EV and some plug-in hybrid incentives with a $7,500 tax credit for new models and $4,000 for used ones. This summer, Congress voted to eliminate the credits, setting Sept. 30 as the final day for eligible purchases to qualify.

Here are CARFAX's Top Tips to Help Navigate the Used EV & Hybrid Car Market:

  1. Do Your Research: Always check the CARFAX Vehicle History Report for accident history, service records, and past ownership.
  2. Know Your Budget: Explore financing options early and stay open to different makes and models that fit your price range.
  3. Take a Test Drive: Experience the performance, comfort, and features before buying.
  4. Ask Questions: Inquire about the car's history, pricing, recent repairs, upgrades, battery health, charging options, warranties, and accessories.
  5. Get an Inspection: Have a trusted mechanic do a pre-purchase inspection.

Data was analyzed from Carfax Car Listings and other sources that report to CARFAX. For the latest used car listings linked to a free CARFAX Vehicle History Report, visit Carfax.com or get the CARFAX app to shop New & Used Cars.

Editor's note: Interviews with a Carfax expert are available anytime. Please contact Em Nguyen at emnguyen@carfax.com.

About CARFAX

CARFAX, part of S&P Global Mobility, helps millions of people every day confidently shop, buy, service and sell used cars with innovative solutions powered by CARFAX® vehicle history information. The expert in vehicle history since 1984, CARFAX provides CARFAX Car ListingsCARFAX Car CareCARFAX History-Based Value and the flagship CARFAX Vehicle History Report to consumers and the automotive industry. CARFAX owns the world's largest vehicle history database and is nationally recognized as a top workplace by The Washington Post. Shop, Buy, Service, Sell – Show me the CARFAX®.

S&P Global Mobility is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets.

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SOURCE CARFAX

FAQ

When do the federal EV and hybrid tax credits expire in 2025?

The federal tax credits for EVs and plug-in hybrids will expire on September 30, 2025.

How much faster are EVs and hybrids selling in summer 2025?

According to CARFAX data, EVs and hybrids are selling 30% faster than they were at the start of summer.

What is the current federal tax credit amount for new and used EVs?

Under the Inflation Reduction Act, buyers can receive up to $7,500 for new EVs and up to $4,000 for used EVs.

Have EV and hybrid car prices increased due to higher demand?

No, according to CARFAX, prices have remained stable despite the increased demand and faster sales.

What are CARFAX's main tips for buying a used EV or hybrid?

CARFAX recommends checking the vehicle history report, knowing your budget, taking a test drive, asking detailed questions about the car's history and battery health, and getting a pre-purchase inspection.
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