How Does the Inflation Reduction Act of 2022 Affect EV Remarketing? How are Innovative Remarketers Leveraging the Potential Benefits of the 30%/$4,000 Tax Credit? (concurrent)

March 30
12:45 PM - 1:45 PM

John Possumato, Esq.
DriveItAway, Inc.

Scott Case
Recurrent

The Inflation Reduction Act of 2022 gives an unprecedented $4k (or 30%, whichever is less) tax credit on EVs that sell for $25k or less and are at least two model years old. How can innovative remarketers adapt their process and procedures to best leverage this new major incentive, given that most EVs that are desirable to consumers today do not fit the price parameters? Find out how market leaders are doing everything from extending recycle times, to adopting new innovations like working with retailers to put vehicles in consumer-facing rental/subscription services, to unlock for all the extraordinary value of a $4,000 (or 30%) incentive “on the hood” for retail used car buyers courtesy of Uncle Sam (for the next 10 years…).