Charge Up Your Wallet: EVs That Qualify For Tax Credit
The electric vehicle revolution is in full swing, and with it comes a wave of exciting opportunities for drivers seeking a more sustainable and potentially cost-effective way to hit the road. Aschenbach Chevrolet GMC is proud to be at the forefront of this movement, offering a diverse selection of cutting-edge Chevrolet and GMC EVs that deliver exceptional performance and eco-friendly driving, plus many models qualify for attractive federal tax credits. Discover our bestselling EVs that qualify for tax credits in Wytheville, VA.
EVs Leading the Charge with Tax Credit Eligibility
Aschenbach Chevrolet GMC boasts a compelling selection of Chevrolet models that qualify for the federal EV tax credit. Here’s a glimpse at some of our most popular contenders.
The All-Electric Powerhouse: Chevrolet Bolt EV
This dynamic hatchback delivers an exhilarating electric driving experience with an impressive range on a single charge. The Chevrolet Bolt EV is not only a champion for sustainability but this is an EV that qualifies for full tax credit, making it a financially attractive option for eco-conscious drivers.
The Versatile Champion: Chevrolet Bolt EUV
Need a touch more space for your adventures? Look no further than the Chevrolet Bolt EUV, another EV that qualifies for tax credits. This versatile electric SUV offers impressive cargo capacity and range on a single charge. Like its hatchback counterpart, the Chevrolet Bolt EUV qualifies for the full federal EV tax credit, making it a compelling choice for families and those seeking a spacious electric option.
The Electrified Trailblazer: Chevrolet Blazer EV
Experience the thrill of electric driving with the capability of a versatile SUV. The Chevrolet Blazer EV offers an impressive electric driving range and much more to love. The Chevrolet Blazer is an EV that may qualify for a partial tax credit through the federal EV tax credit, depending on the model and battery capacity. We can help determine the specific credit amount.
Contact our dealership for more information on the Virginia EV tax credit, which applies to any electric vehicle purchased at participating dealers.
EV Tax Credit 2024 Changes: Key Points to Remember
The landscape of federal EV tax credits has undergone some noteworthy changes in 2024. Here’s a quick breakdown of the key points to remember.
Domestic Manufacturing Requirements: To qualify for the full credit, the assembly of the EV must occur in North America or in a country with a free trade agreement, and a portion of the materials contributing to the battery must also come from North America. This ensures that the EV industry’s economic benefits are felt domestically.
Income & MSRP Limitations Introduced: Income limitations for eligibility have also changed. However, a significant portion of the population is still expected to qualify for the tax credit. We can help determine your eligibility based on the latest guidelines. MSRP limitations have also been introduced for the EV tax credit. EVs exceeding $55,000 or electric SUVs exceeding $80,000 will not qualify. Let us know which model you are interested in, and we’ll tell you how much you can save!
Embrace a Sustainable Future with Aschenbach Chevrolet
The 2024 federal EV tax credit presents a fantastic opportunity to reduce the upfront cost of a new EV significantly. Combined with the environmental benefits of electric driving, there’s never been a better time to make the switch. Explore our diverse selection of EVs that qualify for tax credit, test drive your favorites, and let our knowledgeable team guide you through the entire process. Together, we can navigate the exciting world of EVs and empower you to drive green and save green!
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