Spartanburg Chrysler Dodge Jeep Ram
Through September 30, 2025, EV tax credit will continue to apply to eligible electric and plug-in electric vehicles that are leased, financed, new, and pre-owned. However, beginning October 1, 2025, a new EV bill will take effect with significant changes for consumers. Here's a look at the updated 2025 EV tax credit law:
Through 2025, EV tax credit for the installation of home charging equipment will continue to be available. In fact, home charging station tax deductions – worth 30% of the cost of charging equipment and home installation, or a maximum of $1,000.3 – will continue through June 30, 2026, but after that date, those credits will also disappear.1 However, drivers may still be able to access credits or discounts through their homes' electric companies.
No matter how the federal government chooses to alter rules about EV tax-credit-eligible vehicles, Spartanburg CDJR will continue to offer premium lease and finance incentives for nearly all new vehicles for sale. The following EV and PHEV vehicles qualify for the 2025 EV tax credit through September 30, 2025.
Reach out to our Spartanburg CDJR finance center with any questions about 2025 EV tax credit and how CDJR vehicles will be affected. We're always here to help!
The $7,500 federal tax credit is only available through September 30, 2025.1 Until then, the following CDJR vehicles qualify for full or partial EV tax credit:1
Even if some models lose their 2025 EV tax credit on October 1, we'll still offer exciting CDJR EV incentives at our dealership.
Yes, under the current 2025 EV tax credit law that runs through September 30, 2025, the Jeep Wagoneer S is eligible for up to $7,500 in tax credit when leased or financed.1 However, beginning October 1, 2025, the Wagoneer S will lose its Jeep EV tax credit as part of the new EV bill that has recently taken place.1
The income and price caps are as follows:
1At the time of writing. Incentives are subject to change without notice and are intended for informational purposes only. Please note that this is not tax advice. Consult with your tax adviser for further details and to determine eligibility.
2Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors#:~:text=New%20deduction:%20Effective%20for%202025%20through%202028%2C%20individuals%20may%20deduct,Maximum%20annual%20deduction%20is%20$10%2C000.
3Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.kiplinger.com/taxes/ev-tax-credit#:~:text=The%20federal%20tax%20credit%20for,price%20caps%20remain%20in%20effect.
4Based on manufacturer’s estimates with a fully charged battery. Actual mileage may vary.
