Qualifying Ford Models for the Electric Vehicle Tax Credit
Make the switch to a hybrid or electric vehicle and you’ll save money not only at the pump but also on your taxes with the Clean Vehicle Tax Credit. Ford electric vehicles and Ford plug-in hybrid models that qualify for this federal EV tax credit include the new Ford F-150 Lightning and the new Ford Escape Plug-In Hybrid in Eugene.
Ford F-150 Lightning
The 2022-2024 Ford F-150 Lightning can qualify for a $7,500 tax credit with an MSRP limit of $80,000.
Ford Escape PHEV
The 2022-2024 Ford Escape Plug-In Hybrid can qualify for a $3,750 tax credit with an MSRP limit of $80,000.
When you purchase a new Ford EV for sale in Eugene, Oregon, you might be eligible for Ford EV tax credits! Buy a new EV for personal use and have the opportunity to qualify for an electric vehicle tax credit of up to $7,500. Choose your next Ford EV or Ford PHEV and see how much you can save at our Ford dealership in Eugene. If you have any questions about the Eugene electric car tax credit, contact us online or give us a call today!
The EV tax credits are available for personal use electric vehicles (EV) and plug-in hybrid vehicles (PHEV) based on the following federal criteria for vehicles placed in service on April 18, 2023, and after: $3,750 if the vehicle meets the critical minerals requirement only, $3,750 if the vehicle meets the battery components requirement only, and $7,500 if the vehicle meets both. While the new Ford Escape Plug-In Hybrid meets one requirement, the new Ford Lightning meets both as an electric truck.
Be sure to talk to our team when you’re looking for your new electric vehicle. You have the option to apply the Clean Vehicle Tax Credit when purchasing your Ford EV or Ford PHEV at our Eugene Ford dealership, or you can claim the credit when you file your tax return. Our team can help you determine the right option for you and if you qualify for Ford EV tax credits in Oregon. Find your new Ford F-150 Lightning tax credit or new Ford Escape Plug-In Hybrid tax credit today!
Explore More About Electric Car Tax Credits at Our Ford Eugene Dealer
When you see a new Ford EV or new Ford PHEV that qualifies for an EV tax incentive in Eugene, don’t hesitate to contact our Ford dealership to talk to our team. With our selection of new Ford EVs, we want to make sure that you find the ideal new EV for your life. We’ll also assist you with learning more about Ford EVs and Ford EV charging in Eugene. While you’re here, you can start the car buying process with our online car loan application at our Ford Finance Center. Our team is excited for you to take advantage of Ford EV tax credits and find your next new electric Ford today at Kendall Ford of Eugene!