Time is Running Out: Federal EV Tax Incentives Expire September 30th

If you’ve been considering making the switch to an electric vehicle, now is the time to act. Recent changes in federal legislation mean that all federal tax credits for Electric Vehicles (EVs), including New EV, Used EV, and Commercial/Leased EV Clean Vehicle credits,  will officially sunset on September 30, 2025.

At Maritime Chevy, our current lease customers are still eligible for a $7,500 federal tax credit, which is applied as a discount at the time of lease regardless of personal income or vehicle price. This incentive can lower your monthly payment by approximately $209 on a typical 36-month lease — a significant savings that will no longer be available after September 30.

For those purchasing rather than leasing, qualified buyers may also enjoy a $7,500 credit at the time of sale, subject to income and vehicle eligibility requirements. (Please see dealer for details; not all customers will qualify.)

We anticipate high demand leading up to the deadline, and inventory, especially in specific colors and trim levels, may become limited as we approach the expiration date.

Why Act Now?

• $7,500 Lease Credit: available now, regardless of income or vehicle price
• $7,500 Purchase Credit: available to qualifying buyers
• Wide selection available today: before inventory tightens
• Drive electric: lower operational costs, zero tailpipe emissions, and an elevated ownership experience

While Maritime Chevrolet will proudly continue to offer exceptional EVs like the Equinox EV and Blazer EV well beyond October 1, these federal tax benefits will not return under current law. If you’ve been waiting for the right time to drive electric, this is it.

Contact us today to learn more, schedule a test drive, or secure your EV before incentives expire.

Click here for our current electric vehicle inventories.

Click here for an EV TEST DRIVE.

Click here for the benefits of choosing Maritime Chevy.

Consult your tax, legal, or accounting professional regarding your individual situation. This communication does not constitute tax, legal, or accounting advice.

Tags: chevy EV, Chevy performance, chevy trucks
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