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Does Chevrolet Qualify for EV Tax Credits?

2023 Chevy Bolt EV Charging
 

Have you seen gas prices lately in Depew? They’re not going down anytime soon. So, if you want to save some money on refueling costs with your next new vehicle purchase, an electric vehicle might be a welcome addition to your garage in Buffalo or Cheektowaga. 

If you want to make your purchase even sweeter, you might get a $7,500 federal EV tax credit that amounts to a reduction of your sticker price. We’ll talk to you about whether or not Chevrolet qualifies for EV tax credits. Then, we’ll tell you about what Chevy vehicles qualify for the EV tax credit so you can start shopping.

 

Does Chevrolet Qualify for EV Tax Credits in 2024?

Yes, Chevrolet does qualify for EV tax credits as of early 2024 because the EVs are built in America and the battery sourcing meets government standards. EVs make it easy to recharge your vehicle at home in your garage, and you won’t spend a dime on gasoline in Lancaster.

What Chevy Vehicles Qualify for the EV Tax Credit?

According to Consumer Reports, there are three Chevy vehicles that qualify for the EV tax credit, two of which are currently on our lot. See the list of these awesome vehicles here:

The Chevy Silverado EV, our outstanding all-electric pickup truck, does not qualify for the EV tax credit at this point. The model you choose must be under $80,000 MSRP to take the tax credit.

In order to make the purchase of an electric vehicle worthwhile, consider having a professional electrician install a home charging box in your garage. You can charge your EV to full overnight while you sleep. There are also plenty of public charging stations along major routes and in urban areas to help you on weekend getaways and summer vacations.

Test-Drive Our Chevrolet EVs for Sale in Depew

We invite you to see why EVs are popular among drivers in NY. Contact us or call (716) 989-3716 to schedule a test drive at your convenience. Talk to our finance team about any incentives or deals to go along with the EV tax credit. Then, apply for financing to move forward with a purchase. 

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