Time is Running Out
July 15 2025 - J.M.
⚠️ Time Is Running Out: The $7,500 Federal EV Tax Credit Ends September 30, 2025 If you’ve been thinking about going electric, now’s the time to make your move. The federal $7,500 EV tax credit—a key incentive that’s helped millions of Americans make the switch—is officially ending on September 30, 2025. After that date, it will no longer be available for new electric vehicle purchases, no matter which model you buy. Here’s what you need to know—and why acting now could save you thousands. 💸 What Is the Federal EV Tax Credit? The federal EV tax credit gives eligible buyers up to $7,500 toward the purchase of qualifying new electric vehicles (and up to $4,000 for used EVs). It was created to lower the cost of going electric and make clean transportation more accessible. But under new legislation passed in 2025, the credit will expire earlier than expected—so the clock is ticking. 📅 Important Deadline To claim the tax credit: You must take delivery of your eligible EV by September 30, 2025 Ordering alone is not enough—the car must be in your possession Make sure to confirm about eligibility, battery sourcing rules, and income limits. 🎯 How to Take Advantage Choose an eligible EV Confirm delivery before the deadline Ask about stacking state and local incentives 🏁 Don’t Wait—Act Before the Credit Expires Once the credit ends on September 30, 2025, it’s gone. If you’re considering going electric, now is your best chance to save up to $7,500. 🚗 Ready to Make the Switch? 🔋 Shop Eligible EVs Now and Save Big - We have the Honda Prologue models in stock. Explore available electric vehicles, check your eligibility, and schedule a test drive—all before time runs out. 👉 silkohonda.com 👉 Call 508-977-9153