Jon Muller is a semi-retired policy analyst and energy consultant.

I’ve been looking to buy an EV for a long time. This week, I bought a 2022 Chevy Bolt EUV with 21,000 miles. It has about five more years of battery warranty. EV Tax credits are not likely to survive the new year. The primary beneficiaries of the end of EV tax credits will be people who bought them before January 1, 2025.

First, the specifics. The vehicle cost about $21,000. I received a $4,000 tax credit, which was taken off the price of the vehicle. More on the tax rules later in the piece. The net cost of the vehicle to me was about $17,000. The original new price was about $35,000.

I evaluated the total cost of ownership and factored in the impact of no future EV subsidies.