EV Tax Credit Ending September 30th, 2025


Federal legislation has set an end date for EV tax credits. Deliveries must occur by Tuesday, September 30, 2025 to qualify. This marks the conclusion of nearly two decades of federal incentives for both new and used electric vehicles. No replacement credit plan is currently scheduled.
How Much You Can Save

New Electric Vehicles
$7,500
Maximum Federal Tax Credit


Used Electric Vehicles
$4,000
Maximum Federal Tax Credit

Important: These savings are only available for vehicles delivered by September 30, 2025. After this date, no federal EV tax credits will be available.
Eligibility Requirements

Vehicle Price Limits:
New Vehicles:
• Sedans/Cars: $55,000 or less
• SUVs/Trucks/Vans: $80,000 or less

Used Vehicles:
• All types: $25,000 or less


Income Limits (Modified AGI):
New Vehicle Credits:
• Single filers: $150,000
• Head of household: $225,000
• Married filing jointly: $300,000

Used Vehicle Credits:
• Single filers: $75,000
• Head of household: $112,500
• Married filing jointly: $150,000

Additional Requirements:

  • Vehicle must have final assembly in North America
  • Must meet battery component and critical mineral requirements
  • Vehicle must be new to qualify for $7,500 credit
  • Used vehicles must be at least 2 years old and under 14,000 lbs
How to Claim Your Tax Credit

Option 1: Point-of-Sale Discount (Recommended)
Transfer your credit and enjoy an immediate discount on your purchase or lease. This is the recommended route for fast savings.

Option 2: Claim Via Tax Return
Submit IRS Form 8936 with your federal tax return. Provide vehicle details like make, model, VIN, and purchase date. This option refunds eligible tax liability up to zero.

Tip: 
Why wait for savings? With the point-of-sale option, you get immediate saving and don't have to wait for tax season. Our finance team will work with you to make the process of this option seamless.
Why Choose Jake Sweeney Automotive?
✅ Expert guidance on EV eligibility and paperwork
✅ Multiple dealership locations across the Cincinnati Tri‑State area
✅ Dedicated finance team to help you maximize savings
✅ Seamless online tools and delivery options with Jake Sweeney Express

FAQ

The federal Clean Vehicle Credit for new and used EV purchases ended September 30, 2025. However, a federal tax credit for home EV charger installation (up to $1,000) remains available through June 30, 2026. Ohio and Kentucky utility companies also offer various rebates on home charging equipment. Manufacturer incentives — like low APR financing and customer cash — are active at Jake Sweeney on select models.
No. Ohio does not have a statewide income tax credit for EV purchases. Ohio does charge an additional $200 annual registration fee for electric vehicles, though EVs are exempt from Ohio emissions testing requirements.
Lease deals from manufacturers often reflect manufacturer-side incentives built directly into the monthly payment. Ask your Jake Sweeney finance specialist about current lease offers on EV models — in some cases, leasing may deliver more savings than purchasing outright in a post- credit environment.
Jake Sweeney carries new and used electric and plug-in hybrid vehicles across multiple brands, including BMW, Chevrolet (Bolt, Equinox EV, Blazer EV), Kia (EV6, EV9), Cadillac (LYRIQ), Alfa Romeo, and more. Browse our full EV inventory online or visit any of our Cincinnati Tri- State locations.
Most EV owners charge overnight using a Level 2 home charger (240V), which adds roughly 20–30 miles of range per hour of charging. Jake Sweeney's team can connect you with installation resources, and qualifying Ohio utility customers may receive a rebate of $250– $1,000 on charger installation costs.

Act Fast - Time Is Running Out!

Federal EV tax credits end on September 30, 2025. Make sure your vehicle is delivered in time to lock in savings. If you've been considering an EV-now is the moment to move.

Visit your nearest Jake Sweeney Automotive dealership or browse our EV inventory online. Our team is here to walk you through options, pricing, and paperwork-making EV ownership easy, affordable, and immediate.