Ford EV Tax Credits Near Danville, CA

Ford EV Tax Credits Near Danville, CA

Ford charging at home

Are you considering purchasing a Ford electric vehicle and wondering about the available tax credits and incentives? At Future Ford of Concord, we’re here to help you navigate the benefits of owning a Ford EV near Danville. For California residents, understanding these savings can reduce upfront costs and maximize the return on your investment.

Ford electric vehicle buyers may qualify for a federal tax credit up to $7,500,1 providing significant savings on eligible models. In addition to the federal credit, there are various California EV tax credits and rebates aimed at promoting clean energy.

Ford Lightning

EV Rebates & Programs in California

  • Clean Vehicle Rebate Program (CVRP): The CVRP offers rebates up to $7,500 for eligible light-duty Zero-Emission Vehicles (ZEVs),1 including both plug-in hybrids and battery electric vehicles. Contact our team to learn more about the CVRP and how you can benefit from it.
  • California Clean Fuel Reward Program: This program provides an additional $750 to qualified buyers or lessees of new EVs.1
  • Clean Vehicle Assistance Program: Designed to help low-income Californians, this program offers grants up to $5,000 and affordable financing for purchasing new or used EVs or plug-in hybrids. Participants may also qualify for a rebate up to $2,000 to purchase and install a home charger.1

Ford EV Models Eligible for Incentives

Several new Ford EV models may qualify for these federal and state incentives, including the popular Ford Escape Plug-in Hybrid and the innovative Ford F-150 Lightning. These incentives can make your transition to an environmentally friendly vehicle more affordable.

Model Vehicle Type Credit Amount
Ford Escape Plug-in Hybrid PHEV Up to $3,7501
F-150 Lightning (Extended Battery Range) EV Up to $7,5001
F-150 Lightning (Standard Battery Range) EV Up to $7,5001

How to Claim Ford EV Tax Credits

To take advantage of these tax credits and rebates, follow these steps:

  1. Purchase or lease a qualifying Ford EV: Explore the inventory of new Ford electric vehicles at Future Ford of Concord to find one that suits your needs.
  2. Apply for state rebates: After purchasing your vehicle, apply for state rebates like the CVRP and Clean Fuel Reward Program online.
  3. File for federal tax credits: During tax season, include IRS Form 8936 to claim your federal EV tax credit.

No matter if you have questions about applying for EV tax credits or wish to upgrade to a new Ford EV for sale in Concord, our team is here to help.

Ford Mach-E