Federal EV Tax Credit Ends September 30th – What You Need to Know

Don’t Miss Out: How to Claim the $7,500 Federal EV Tax Credit Before It Ends on September 30th

Looking for an EV for sale near me? Now is the time to act. The Federal EV Tax Credit is one of the most significant incentives available to new electric vehicle buyers — but it won’t be around forever. In fact, the clock is ticking: you only have until September 30th to take full advantage of the current tax credit worth up to $7,500. At Raymond Chevrolet, we’re here to help you understand what the credit is, how to qualify, and why right now is the perfect time to purchase your new EV before this opportunity disappears.

What Is the Federal EV Tax Credit?

The Federal EV Tax Credit is a government incentive designed to make electric vehicles more affordable. If you purchase a qualified new electric vehicle (EV), you could be eligible for up to $7,500 in tax credits. This isn’t a rebate you get at the dealership — it’s a credit applied to your federal tax bill, reducing what you owe when you file your taxes. Some EV models may even qualify for an instant rebate at the time of purchase if the dealership participates in the point-of-sale program (yes — Raymond Chevrolet does!).

How to Claim the $7,500 EV Tax Credit

If you’re wondering how to claim the $7,500 EV tax credit, here’s what you need to know:

1. Buy a Qualified EV
   Not all electric vehicles qualify. The vehicle must meet certain battery size and final assembly requirements — and it must be on the list of approved models. Don’t worry, our team at Raymond Chevrolet will walk you through which EVs qualify, including models like the Chevy Blazer EV and Chevy Equinox EV.

2. Check Your Income
   The credit is only available to individuals under specific income limits:

   • $150,000 for single filers

   • $300,000 for joint filers

3. Purchase Before September 30, 2025
   Some vehicles that currently qualify for the credit will no longer be eligible after September 30th due to changing battery sourcing requirements. This deadline may dramatically reduce the number of EVs that qualify — or eliminate the credit altogether for certain models.

4. Claim It on Your Taxes or at Point of Sale
   You can either:

   • Claim the credit when you file your taxes

   • Or take it as a point-of-sale discount at Raymond Chevrolet (no waiting — you save instantly!)

Why Buy Now from Raymond Chevrolet?

This isn’t just about saving money — it’s about not missing out.

The current list of vehicles eligible for the federal EV tax credit is shrinking fast, and upcoming policy changes mean some of your favorite Chevy EVs may lose their eligibility after September 30th. When that happens, the same vehicle could cost you $7,500 more.

At Raymond Chevrolet, we’ve got a wide range of EVs for sale near you, and we’re ready to help you:

• Find the perfect electric vehicle

• Confirm your eligibility

• Process the EV tax credit instantly at the point of sale

Act Fast: Time Is Running Out

Ready to make the switch to electric and save up to $7,500 in the process? Don’t wait. September 30th is the deadline, and once it passes, the savings could disappear.

Visit Raymond Chevrolet today and let us help you drive home in a new EV before time runs out.