Used Electric Cars in Vermont: Why 2025 Still Offers Big Savings
⚡️ Used Electric Cars in Vermont: Why 2025 Still Offers Big Savings
Thinking about going electric in 2025? While Vermont's state incentives for used electric vehicles have dried up, there's still great news for budget-minded buyers. Between federal tax credits and local utility rebates, it's possible to knock thousands off the price of a used electric car for sale-and that could make a big difference in getting approved for financing that need a substantial down payment.
Let's take a look at what the latest EV registration numbers reveal-and how used EV buyers in Vermont and New Hampshire can still come out ahead.
📈 EV Registrations in 2025: What the Numbers Say
According to the recently released Vermont Vehicle Index, electric vehicle registrations from January through April 2025 paint a mixed picture:
- New EVs: 960 registered in 2025 vs. 933 in 2024 - a modest increase
- Used EVs: Only 196 registered in 2025, down from 227 in the same period last year
So why the dip in used electric vehicle registrations?
Dealers across the state suggest a key factor: Vermont's aggressive used EV rebate programs ended, leading to fewer low-cost deals. In 2024, programs like "Replace Your Ride" encouraged shoppers to pair a clunker trade-in (sometimes worth under $1,000) with state rebates to buy older used EVs for almost nothing out-of-pocket.
That kind of overly lucrative program has ended right now-but don't worry, there's still meat on the bone for savvy buyers who can navigate the various federal and utility company incentives! If you require assistance, please let us know. Our team is highly experienced in navigating various programs and is registered with the IRS, the State of Vermont, and Green Mountain Power. This allows us to transfer incentives directly to you, ensuring the funds are available at the time of purchase so you can benefit from the savings without waiting to receive the incentive at a later date.
💸 Federal Incentives Available Until 09/30/2025
Even without state help, you could still save big thanks to the IRS Clean Vehicle Credit:
Used Vehicle Credit Highlights:
- Get up to $4,000 off a qualifying used EV
- Applies to vehicles priced at $25,000 or less
- Your income must fall under the threshold ($75K for individuals, $150K for joint filers)
- Car must be bought from a licensed dealer
Credit can now be applied instantly at the dealership in most cases
It's a huge win for used EV shoppers. And if you're shopping with us at Upper Valley Auto Mart, we're ready to help walk you through it.
🔌 Green Mountain Power Rebates & Other Utilities - Still Going Strong!
If you're a Green Mountain Power (GMP) customer, you might be able to stack even more savings.
💡 GMP Income-Qualified Rebates:
- $1,500 off a used electric vehicle (PHEV and BEV, if you can plug it in to charge, it qualifies according to GMP)
- An additional $1,000 off for BEV (electric only) vehicles for customers with qualifying incomes
GMP at this time continues to offer the most aggressive incentives of any power provider in Vermont. Other local utilities may offer incentives too, so it's worth checking with your provider or give us a call we are happy to help you discover what you may qualify for.
🚗 Real-World Example: 2021 Mini Cooper SE Hardtop
Let's say you're eyeing this beauty on our lot:
✨ 2021 Mini Cooper SE Hardtop EV - Listed Price: $18,688
If you qualify for the $4,000 Federal Clean Vehicle Credit and up to $2,500 in GMP Rebates, this will bring your effective cost to $12,188.
That's nearly 35% off-which could serve as your entire down payment, depending on your credit. That could turn a "no" into a "yes" with some lenders, and all while saving you money on gas, oil changes, and maintenance.
Check our EV inventory to see what we have on the lot today.
🌱 Why Go Electric in Vermont or New Hampshire?
Even without state government specific incentives, going electric is a smart choice for many buyers:
- Lower maintenance costs (no oil changes!)
- Good for the environment
- Fuel Savings potential over internal combustion engine (ICE) powered vehicle of the same size
At Upper Valley Auto Mart, we continue to stock used electric vehicles for sale in Vermont to meet the needs of our customers. Whether you're in Lebanon, NH, or just down the road in White River Junction, we're here to help you make the switch to electric, when you are ready.
The landscape may have shifted, but the opportunity is still there. Used electric cars are more affordable than ever with the right incentives-especially if you act now.
Browse our current inventory of used electric vehicles for sale in Vermont, check your eligibility, and talk to our friendly team today.
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Published May 12, 2025 - Updated July 08, 2025
