New York EV Tax Credit FAQs

If you’ve been tempted by models like the Chevrolet Equinox EV and the Bolt EV, there’s never been a better time to make the switch. Not only are these models high-tech and high-performance, but you can save big on your next model in Buffalo and Cheektowaga. But is there an EV tax credit in New York? As of August 2024, the Drive Clean Rebate gives drivers up to $2,000 off the purchase or lease of PHEV and EV models. Plus, don’t forget about the potential federal Inflation Reduction Act tax credit of up to $7,500! Find out how you can take advantage of the New York EV tax credit and start shopping at Joe Basil Chevrolet to find your next car.

Is There an EV Tax Credit in New York?

Let’s start with the basics: Is there an EV tax credit in New York? Yes, at the time of writing, the New York EV tax credit is available for eligible models. This offer extends to qualifying New York State residents, businesses, or government entities. How does the rebate work?

• Find Your Vehicle: Drivers can choose from over 60 models, which includes everything from plug-in hybrids to battery-powered electric cars. 
• Try It Out: Head to Joe Basil Chevrolet to take your test drive and see which car feels like home. New car purchases and leases are both eligible for the New York EV tax credit.
• Receive Credit: When you make the purchase from a participating dealership, you can take advantage of a discount up to $2,000. Don’t forget to ask about federal rebates as well! 

Does Chevrolet Qualify for the New York EV Tax Credit? 

Now the question you’ve been waiting for: Does Chevrolet qualify for the New York EV tax credit? Yes, the Drive Clean Rebate extends to several different Chevrolet models in a wide range of styles and prices. Keep in mind that your Drive Clean Rebate is based on the EPA all-electric range for that car model, so it pays to do your research while shopping in Lancaster. Take a look at your options below:

• Chevrolet Blazer EV Battery Electric Vehicle (279-mile range)
• Chevrolet Bolt Battery Electric Vehicle (259-mile range)
• Chevrolet Bolt EUV Battery Electric Vehicle (247-mile range)
• Chevrolet Equinox EV Battery Electric Vehicle (319-mile range)

Find Your Next Ride at Joe Basil Chevrolet

We’ve covered questions like “How much is the New York EV tax credit?” and “Does Chevrolet qualify for the New York EV tax credit?” But if you still have questions, don’t hesitate to ask. Contact us to learn more about your opportunities in the Depew area, and find your next model with us today.

Disclaimer: All above information is current as of August 2024.