EV Tax Credit
EV Tax Credits | Earn Yours Before It Ends on September 30, 2025
Shopping for your next EV is essential when you know you can get great tax credits in the process. At Hubler Ford, we want to give you the keys to a vehicle that's great for your family and bottom line. The Federal Clean Vehicle Tax Credit, which offers up to $7,500 in federal tax credits when you purchase or lease a qualifying EV model, is set to end on September 30, 2025.
Don't wait until it's too late. Shop for your vehicle today and take home the savings.
Frequently Asked Questions
It's a program proposed by the federal government that allows drivers who qualify via their purchase or lease of certain electrified vehicles to receive a credit for the tax year of their purchase or lease.
That depends on your vehicle and adjusted annual income. However, the maximum amount of the EV tax credit is $7,500.
That depends on your vehicle and adjusted annual income. However, the maximum amount of the EV tax credit is $7,500.
Income limits include:
- New EVs: $150,000 (single tax filer), $225,000 (head of household), $300,000 (joint tax filers)
- Used EVs: $75,000 (single tax filer), $112,500 (head of household), $150,000 (joint tax filers)
- No income limits for commercial-use EVs
Used EVs must be:
- At least two model years older than the current year
- Sold by an authorized dealership
- The first qualifying resale after August 16, 2022
- Priced under $25,000
Ineligible vehicles include:
- Sedans over $55,000 MSRP
- SUVs, vans, pickup trucks over $80,000 MSRP
How can we help?
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Hubler Ford Center Inc.
2605 E. State Road 44
Shelbyville, IN 46176
- Sales: 317-392-2557
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