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There's no actual repayment requirements unless you know that you are going to change it from electric. But one of the credit requirement is that the tax credit isn't applicable to an electric vehicle being purchased for the purpose of reselling it. This is a gray area since the IRS does not specify holding period. If you sold it after two years and the IRS somehow finds out, they may question if you were eligible to take the credit at the first place. Personally I do not think you will ever have an issue or the IRS somehow finds out and question it, unless the buyer issue you some kind of tax form and/or your accountant claim capital gains on sale.