What Do Grapevine Buyers Need to Know About EV Tax Credits and Charger Incentives Ending Soon?
The federal Clean Vehicle Credit offers up to $7,500 in tax savings for qualifying electric vehicles but is set to expire on September 30, 2025. The home charger installation credit will end on June 30, 2026. If you’ve been thinking about an EV in Grapevine, TX, don’t wait—these incentives won’t last.
How Much Can You Save and Who Qualifies?
You may be eligible for up to $7,500 in federal tax credits. The credit is split into two parts: $3,750 if the vehicle meets critical mineral sourcing rules, and $3,750 if it meets battery component manufacturing requirements. Some vehicles may qualify for a partial credit, while others may not qualify at all.
What Are the Eligibility Requirements for Ford EVs?
- Vehicle must be brand new
- Battery capacity of at least 7 kWh
- Final assembly in North America
- Made by a qualified manufacturer
- Price limits: under $80,000 MSRP for trucks, SUVs, and vans; under $55,000 MSRP for other vehicles
The sale must be reported to the IRS, and you must meet income limits.
Why Should You Act Before These Incentives Expire?
With the Clean Vehicle Credit ending September 30, 2025, and the home charger credit ending June 30, 2026, delaying could mean missing out on thousands in savings. There’s no guarantee these programs will be renewed. Acting now is the safest way to secure your benefits.
How Can Grapevine Ford Help You?
Our team can help verify if your preferred Ford EV qualifies, explain timelines, and assist with all paperwork. We’re here to ensure you don’t miss this limited-time opportunity.
Ready to Take Advantage of These Incentives?
Contact Grapevine Ford in Grapevine, TX today. Let us help you make the most of these federal credits before they expire!