Top 5 Reasons to Drive Electric

#1 Get Money for a Purchase/Lease

That’s right. Purchase or lease the car you love and receive financial incentives. There are various federal, state, and local programs designed to reduce the cost of buying or leasing an electric vehicle, along with appealing lease offers. Here are a few highlights; you can explore all available incentives through an incentives search.

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Federal Tax Credit
A meaningful tax credit may be available for battery-electric, hydrogen fuel cell, and plug-in hybrid electric vehicles, ranging from $2,500 to $7,500, depending on the battery capacity. For leased vehicles, the credit typically goes to the manufacturer; however, dealerships typically incorporate this credit into the lease terms, potentially reducing the down payment or monthly payments you need to make.

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Local Rebates and Incentives
Local air districts and utility companies frequently offer rebates for the purchase or lease of electric vehicles, as well as incentives for installing home charging stations. You can search by ZIP code to find the latest available incentives.

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