I really disagree. Emissions requirements have generally gotten tighter over time, older cars will mostly pollute more than new cars because of components that fail over time. Their mileage has gotten worse too. We don’t have a problem with too many people trading in their old cars for an ev. We have too few of these. If you make it too complicated people will shy away from it.

Until we are running out of money for this trade-in strategy, let’s keep it up.