What Are the Volkswagen EV Tax Credits?
Eligible electric and plug-in electric vehicles may qualify for tax credits. While the federal Clean Vehicle Tax Credit will be ending on September 30, 2025, you may still be able to save thanks to the MOR-EV program and New Auto Loan Interest Deduction.1 Tax credits can depend on a variety of factors, so be sure to check in with our Volkswagen dealership in Raynham to see if the vehicle you'd like to purchase is eligible.
Our team will help you browse our new Volkswagen inventory and make it easy to pick out a Volkswagen ID.4 EV in Massachusetts that matches your lifestyle.
Is the Federal EV Tax Credit Going to End?
Yes, the federal Clean Vehicle Tax Credit is set to expire on September 30, 2025.1 To take advantage of this opportunity, make sure to purchase your qualifying new or used electric vehicle before the cutoff. This program supports both personal and business buyers who want to make the switch to an EV.
Do EVs Qualify for the New Auto Loan Interest Deduction?
They do. Until December 31, 2028, you may be able to deduct up to $10,000 per year in interest payments on loans for eligible new vehicles -- including electric, hybrid and gas models made in the United States.1
While the Clean Vehicle Tax Credit is ending, this deduction provides EV and hybrid owners with another cost-saving benefit. New Volkswagen ID.4 SUV models are assembled in the U.S. and so may be eligible for auto loan interest deduction.1
What Volkswagen EVs Are Eligible for Tax Credits?
While currently no new Volkswagen EVs are eligible for the federal electric car tax rebate, you may still be able to take advantage of the Used Clean Vehicle Tax Credit. This tax credit reaches up to $4,000 on qualifying pre-owned EVs -- just be sure to take advantage of it by September 30, 2025!1
You may also be able to save through the Massachusetts electric car savings program -- MOR-EV.
Are There Massachusetts EV Tax Credits?
Yes, the state of Massachusetts offers the MOR-EV program, which provides EV tax incentives between $3,500 and $6,000. This electric car tax rebate can be applied to either the purchase or lease of an eligible vehicle.
Buy a New Volkswagen ID.4 Near Me
Schedule a test-drive to see why Massachusetts VW fans have fallen in love with the new ID.4 electric vehicle and see what current EV incentives we have available for you. Our team looks forward to working with you!
1 Information listed here is accurate at time of publishing. Tax credits are subject to change.