The Future of EV Tax Credits — What to Know Before You Buy (2025 Update)

“You’ve got until September 30, 2025 — after that? No $7,500 credit. That’s basically a $650/month loan payment disappearing in thin air.” - Concerned consumer - Deal Guard Client

The big headline: new federal legislation will eliminate the $7,500 clean vehicle tax credit and the $4,000 used EV credit after 30 Sept 2025—effectively reshaping the EV-buying landscape (reuters.com, theverge.com).

🧾 What’s Changing (and Why It Matters)

• New EV credit ($7,500) ends for most vehicles placed in service after 9/30/2025 (kiplinger.com). The used EV $4,000 credit ends too.

• The credit previously applied to both buyers and lessees (via dealer transfer), but that loophole closes (nerdwallet.com).

• Credits depend on strict vehicle and buyer criteria: MSRP caps ($55k for cars, $80k for trucks/SUVs), North American assembly, battery sourcing, and income limits (solarreviews.com).

Even though 24 models currently qualify, this window is closing fast (solarreviews.com).

📉 Impacts on EV Buyers & Prices

• Expect big price jumps post-September, especially on models previously qualifying

• Manufacturers like Tesla, GM, Ford risk losing $7,500 off MSRP — a major sales driver

• Even though Tesla & Rivian saw stock dips, analysts warned demand could slow by ~10–12% (kiplinger.com, washingtonpost.com)

✅ What Smart Buyers Should Do Now

1. Buy or lease before 30 Sept 2025 to lock in the full credit.

2. Consider dealer transfer option now to get point-of-sale savings (nerdwallet.com).

3. Shop qualifying models, paying attention to assembly and MSRP details.

4. Claim credits wisely—you can choose tax return or immediate transfer, but consult a pro.

🌍 Other Incentives: States & Rebates

• Several states (e.g., Colorado, Connecticut, NY, RI) offer additional credits or rebates (solarreviews.com).

• Example: Washington State offers up to $9,000 in EV benefits for low-income buyers—including point-of-sale rebates (en.wikipedia.org).

🛡 How Deal Guard Helps You Navigate EV Rebates

As your go-to car buying concierge service, Deal Guard:

• Identifies whether a specific EV model is still eligible before September expiry

• Helps with dealer transfer vs tax-return strategies

• Researches local and state incentives available to you

• Calculates total savings before you sign

• Makes sure the EV you choose is priced fairly—even without credits

😎 Final Word from Chase

If you're considering an EV, don’t wait—September 30, 2025 is the hard deadline for the $7,500 credit. Going beyond that? You may lose significant savings—and face a higher sticker price.

At GetDealGuard.com, we’re experts in timing EV deals. Whether it’s federal incentives or local rebates, we help you get the best price and smartest strategy on the road.

🎯 Want tailored EV guidance?
Let our car buying brokers help you lock in credits before they vanish. Visit GetDealGuard.com now.