; and (ii) by striking In general in the heading and inserting New qualified plug-in electric drive motor vehicles ; (B) by redesignating paragraphs (2) and (3) as paragraphs (4) and (5), respectively, and inserting after paragraph (1) the following new paragraphs: (2) New battery electric motor vehicles (A) In general The amount determined under this subsection with respect to any new battery electric motor vehicle is— (i) $12,000 ($15,000 in the case of new battery electric motor vehicles acquired after December 31, 2018, and before the date which is 5 years after the date of the enactment of the Affordable American-made Automobile Act ) if the price of such vehicle is not more than $35,000, and (ii) $7,500 if the price of such vehicle is greater than $35,000. (B) Determination of price For purposes of this paragraph, the term price means— (i) except as provided in clause (ii), the final sales price agreed upon by the taxpayer and the person from whom the taxpayer acquires such vehicle (determined without regard to any taxes or fees imposed by any State or local government), and (ii) in the case of a lease, the price of the vehicle stated in the lease agreement between the lessor and lessee (as so determined). (3) Used battery electric motor vehicles The amount determined under this subsection with respect to any used battery electric motor vehicle is— (A) $5,000 if the taxpayer trades in a vehicle that is powered by an internal combustion engine in connection with the taxpayer’s acquisition of such used battery electric motor vehicle, and (B) $0 in any other case. ; and (C) in paragraph (5) (as so redesignated), by striking a vehicle and inserting a new qualified plug-in electric drive motor vehicle . (3) Credit eligible electric motor vehicle Section 30D(d) of such Code is amended— (A) by redesignating paragraphs (2), (3), and (4) as paragraphs (5), (6), and (7), respectively; (B) by redesignating paragraph (1) as paragraph (2)