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Question

Does my 2024 certified pre owned hyundai tuscon plug in hybrid qualify for the colorado innovative motor vehicle credit?

Forum|Forum|1 year ago
February 4, 2025
1 reply
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In general, your 2024 certified pre-owned Hyundai Tucson Plug-In Hybrid does not qualify for the Colorado Innovative Motor Vehicle Credit, as it is pre-owned and the credit is intended for new vehicles. According to the Colorado Department of Revenue, a motor vehicle is considered new only the first time it is transferred from a manufacturer or importer, or a dealer or agent of a manufacturer or importer, to the end user or customer. Generally, used vehicles are not eligible for this credit.

For more detailed information, you can refer to the Colorado Department of Revenue's guide on the Innovative Motor Vehicle Credit