EV Tax Credit Ending September 30, 2025
Save Up to $7,500 on Your Electric Vehicle Purchase. Act Now Before This Incentive Disappears Forever.
Federal EV Tax Credits Expire September 30, 2025
Congress recently passed major tax legislation that officially ends the federal electric vehicle tax credit program on September 30, 2025. This marks the end of nearly 20 years of federal EV incentives that have helped millions of Americans make the switch to electric driving.
If you've been thinking about going electric, now is the time to act. After September 30th, these valuable tax credits will be gone for good.
Key Facts:
- Credit applies to vehicles delivered by September 30, 2025
- Both new and used EV credits are ending
- No replacement incentive program is planned
- Credits can still be applied at point of sale for immediate savings
How Much Can You Save?
Important: These savings are only available for vehicles delivered by September 30, 2025. After this date, no federal EV tax credits will be available.
Eligibility Requirements
Vehicle Price Limits
New Vehicles:
• Sedans/Cars: $55,000 or less
• SUVs/Trucks/Vans: $80,000 or less
Used Vehicles:
• All types: $25,000 or less
• Sedans/Cars: $55,000 or less
• SUVs/Trucks/Vans: $80,000 or less
Used Vehicles:
• All types: $25,000 or less
Income Limits (Modified AGI)
New Vehicle Credits:
• Single filers: $150,000
• Head of household: $225,000
• Married filing jointly: $300,000
Used Vehicle Credits:
• Single filers: $75,000
• Head of household: $112,500
• Married filing jointly: $150,000
• Single filers: $150,000
• Head of household: $225,000
• Married filing jointly: $300,000
Used Vehicle Credits:
• Single filers: $75,000
• Head of household: $112,500
• Married filing jointly: $150,000
Additional Requirements:
- Vehicle must have final assembly in North America
- Must meet battery component and critical mineral requirements
- Vehicle must be new to qualify for $7,500 credit
- Used vehicles must be at least 2 years old and under 14,000 lbs
Two Ways to Claim Your Credit
Option 1: Point-of-Sale Discount (Recommended)
Get your savings immediately! Transfer your tax credit to our dealership and receive an instant discount on your vehicle purchase. This means you'll pay less upfront rather than waiting until tax season.
Option 2: Tax Return Filing
Claim the credit when you file your federal income taxes using Form 8936. Remember, this is a non-refundable credit that can only reduce your tax liability to zero.
Pro Tip: The point-of-sale option is generally preferred because you get immediate savings and don't have to wait months for tax season. Our finance team can help you process this option seamlessly.
Why Choose Jeff Wyler for Your Electric Vehicle?
As a trusted automotive partner for decades, Jeff Wyler Auto Group makes your transition to electric driving simple and affordable. Our knowledgeable team at all locations can help you navigate the tax credit process and find the perfect electric vehicle for your needs.
We're committed to helping families save money while making environmentally conscious choices. With multiple locations across the state, finding your ideal EV has never been more convenient.