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New York State EV Tax Incentives

Mercedes-Benz EV Charging
There are plenty of benefits to owning an electric vehicle. Yonkers shoppers usually start looking at an EV to save money on gas and maintenance and eliminate their use of fossil fuels. Another benefit of electric vehicles is the New York electric vehicle tax credit available for shoppers. The Drive Clean Rebate Program allows New Rochelle drivers to save up to $2,000 with a point-of-sale rebate when purchasing or leasing an EV or Plug-in Hybrid in New York. Learn more about this program and the benefits of NYS EV tax credits with the finance team at Pepe Auto Group.

 

 

NYS Tax Credits: How Does it Work?

Well, the process is actually pretty simple for Stamford residents. After finding your favorite plug-in hybrid or EV in White Plains, you can visit us for a test drive. Then, you can earn the rebate on one of the eligible models. One thing to note is that the rebate amount depends on the all-electric range. Here are a few more details about how that translates to savings for you:

  • Vehicles with an EPA all-electric range of 200 miles or greater can qualify for $2,000 off their model of choice.
  • EPA-estimated all-electric ranges of 40 to 199 miles qualify for a $1,000 rebate.
  • Drivers who choose a model with a range of less than 40 miles or an MSRP greater than $42,000 can receive $500 savings on their purchase.

New York State EV Tax Incentives: Purchasing with Pepe Auto Group

When you purchase an electric vehicle in New York, you qualify for NYS EV tax credits and are eligible for federal tax credits of up to $7,500. Starting the shopping process can seem overwhelming, but our team at Pepe Auto Group can help you make the best financial decisions — when it comes to upgrading your Stamford car — and finding the model and financing plan that suits you best. While the state of New York electric vehicle tax credit is of great interest to shoppers, you can learn more about the benefits of electric vehicles online today.

Get a Handle on the NYS EV Tax Credits with the Help of Pepe Auto Group!

After browsing our inventory of electric and hybrid vehicles, visit us in White Plains to test drive your favorite models on the road. If you have any questions regarding the New York electric vehicle tax credits available for your models or what owning an EV is like, our team can help you. Contact us today to get the process going!

 

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