Thanks for the feedback response and I know that in order for the vehicle to be a business asset and depreciable it needs to be in the name of the business. That is clear to me. What I was trying to ask is the EV Credit different for an individual than for a business? Presuming the vehicle qualifies a used or preowned vehicle can not exceed $25K purchase price to qualify for the credit if it is individually owned. A business does not appear to be able to obtain EV credit on used/preowned vehicles. That may be the reason the salesman is asking. I have read the IRS guidelines on EV credits and I think what I have stated is correct. Does this sound correct?