Definitions
For purposes of this section—
(1) Previously-owned clean vehicle
(1)Previously-owned clean vehicle∀ 2#
The term “previously-owned clean vehicle” means, with respect to a taxpayer, a motor vehicle—
(A) the model year of which is at least 2 years earlier than the calendar year in which the taxpayer acquires such vehicle,
(B) the original use of which commences with a person other than the taxpayer,
(C) which is acquired by the taxpayer in a qualified sale, and
(D) which— (i) meets the requirements of subparagraphs (C), (D), (E), (F), and (H) (except for clause (iv) thereof) of section 30D(d)(1), or (ii) is a motor vehicle which— (I) satisfies the requirements under subparagraphs (A) and (B) of section 30B(b)(3), and (II) has a gross vehicle weight rating of less than 14,000 pounds.
(2)Qualified sale∀ 1#
The term “qualified sale” means a sale of a motor vehicle—
(A) by a dealer (as defined in section 30D(g)(8)),
(B) for a sale price which does not exceed $25,000, and
(C) which is the first transfer since the date of the enactment of this section to a qualified buyer other than the person with whom the original use of such vehicle commenced.
(3)Qualified buyer∀ 1#
The term “qualified buyer” means, with respect to a sale of a motor vehicle, a taxpayer—
(A) who is an individual,
(B) who purchases such vehicle for use and not for resale,
(C) with respect to whom no deduction is allowable with respect to another taxpayer under section 151, and
(D) who has not been allowed a credit under this section for any sale during the 3-year period ending on the date of the sale of such vehicle.
(4)Motor vehicle; capacity#
The terms “motor vehicle” and “capacity” have the meaning given such terms in paragraphs (2) and (4) of section 30D(d), respectively.