Clean Vehicle Credits Expiring — Savings End Soon
Here in Omaha, we’re seeing more and more drivers make the switch to electric vehicles (EVs).
It is easy to understand because they’re fun to drive, loaded with more features than standard vehicles, good for the environment, and can save you money on fuel expenses.
But there’s another big reason to consider an EV right now: many significant federal tax credits are set to expire soon.
In This Post
New Clean Vehicle Credit: Up to $7,500 in Your Pocket
Pre-Owned Clean Vehicle Credit: A Smart Way to Go Electric
Commercial Clean Vehicle Credit: Good for Your Business and the Planet
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New Clean Vehicle Credit: Up to $7,500 in Your Pocket
If you’ve been dreaming of a brand-new electric vehicle, this is the credit for you. You could get up to $7,500 back on your taxes when you purchase a qualifying new clean vehicle.
Key Provisions:
Vehicle Price Caps: The manufacturer’s suggested retail price (MSRP) cannot exceed $80,000 for vans, SUVs, and pickup trucks, or $55,000 for other vehicles.
Final Assembly: The vehicle’s final assembly must take place in North America.
Battery Requirements: To qualify for the full $7,500, the vehicle must meet two requirements, each worth $3,750:
- A percentage of the critical minerals in the battery must be sourced from the U.S. or a free-trade agreement partner.
- A percentage of the battery components must be manufactured or assembled in North America.
Income Limitations for Buyers: The buyer’s modified adjusted gross income cannot exceed:
- $300,000 for married couples filing jointly
- $225,000 for heads of household
- $150,000 for single filers
Point-of-Sale Rebate: Buyers can now transfer the credit to the dealer at the time of purchase to reduce the upfront cost of the vehicle.
With the September 30, 2025, deadline quickly approaching, this is your chance to get the best possible deal on a new EV.
With the September 30, 2025, deadline quickly approaching, this is your chance to get the best possible deal on a new EV.
Pre-Owned Clean Vehicle Credit: A Smart Way to Go Electric
There’s also a federal tax credit for buying a used clean vehicle, and it’s a great way to make the switch to electric on a budget. You can get 30% of the sale price, up to a maximum of $4,000, on a qualifying pre-owned vehicle
What you need to know:
Great Value: This credit makes our already competitive prices on pre-owned EVs even better.
Eligibility: To qualify, the vehicle’s sale price must be $25,000 or less, and the model year must be at least two years old.
Dealer Direct: You can only get this credit when you buy from a licensed dealership like ours.
Income Limitations for Buyers: The buyer’s modified adjusted gross income cannot exceed:
- $150,000 for married couples filing jointly
- $112,500 for heads of household
- $75,000 for single filers
Full details on the qualifications can be found here.
This credit is a fantastic opportunity to get into a reliable and eco-friendly vehicle for less. But remember, this offer also expires on September 30, 2025.
Commercial Clean Vehicle Credit: Good for Your Business and the Planet
If you’re a business owner in the Omaha area, you can also take advantage of the Commercial Clean Vehicle Credit. This credit can help you upgrade your fleet to clean, efficient vehicles while saving you money.
Key benefits for your business:
Significant Savings: You can receive a tax credit for up to 30% of the cost of the vehicle, with a maximum of:
- $7,500 for vehicles with a gross vehicle weight rating of less than 14,000 pounds.
- Up to $40,000 for heavier vehicles.
Lower Operating Costs: Electric vehicles can significantly reduce your fuel and maintenance expenses, boosting your bottom line.
Point-of-Sale Rebate: Just like the new vehicle credit, you may be able to transfer this credit to us at the time of purchase to immediately lower your cost.
This is a smart investment for your business, but the clock is ticking. This credit is also set to expire on September 30, 202
Don’t Wait – Visit Us Today!
These electric vehicle tax credits offer a rare opportunity to save thousands of dollars on your next vehicle purchase. Our team is here to help you navigate the details and find the perfect new, pre-owned, or commercial vehicle to fit your needs.
Come visit us at H+H Chevrolet, H+H Kia, and H+H Jeep Dodge Ram before these valuable incentives drive off into the sunset on September 30, 2025. Let us help you get behind the wheel of a clean vehicle and take advantage of these limited-time savings.