Go Electric with Chevrolet — Up to $7,500 Federal EV Tax Credit
Eligibility varies by model, MSRP caps, and your tax situation. We’ll help you confirm the best path to savings and apply them at purchase.
The federal New Clean Vehicle Credit offers up to $7,500 for qualifying EV purchases placed into service before the current deadline. Most shoppers choose the point‑of‑sale transfer so the credit reduces the price instantly at the dealership.
Confirm income limits and vehicle price rules. For SUVs, the MSRP must be ≤ $80,000. Buyer income caps typically: $150k (single), $225k (HOH), $300k (MFJ).
Select Chevrolet and GMC electric models may qualify for federal tax credits when priced within the cap and meeting eligibility requirements.
Elect to transfer the credit to Southern Pines Chevrolet GMC at checkout to apply your eligible amount as an instant price reduction.
- Buying for your own use, primarily in the U.S.
- Income within federal limits for your filing status
- Vehicle MSRP within category cap (Blazer EV ≤ $80,000)
- Dealer submits required forms at time of sale
Tip: Leasing may reflect similar savings if the lessor passes through incentives in the terms.
All-electric SUV with advanced tech and everyday versatility. MSRP configurations at or under $80,000 may be eligible.
View Blazer EV Inventory
All-electric midsize SUV with bold style and performance. MSRP configurations at or under $80,000 may be eligible.
View Equinox EV Inventory
All-electric full-size trucks built for strength and innovation. MSRP configurations at or under $80,000 may be eligible.
View Electric Truck InventoryEligible models include: Chevrolet Equinox EV, Chevrolet Blazer EV, Chevrolet Silverado EV, GMC Sierra EV. These vehicles meet the necessary criteria, such as final assembly in North America and compliance with battery sourcing requirements.
Qualified buyers can receive up to $7,500 for new electric vehicles, provided the vehicle meets specific criteria, including price caps and income limits.
Generally up to $150k (single), $225k (head of household), or $300k (married filing jointly). Check current IRS guidance or ask us to walk you through it.
Current federal guidance indicates credits end on September 30, 2025. Buying and placing the vehicle in service must occur before that date.
Yes, you can elect to transfer the credit to a registered dealer and apply it as an immediate price reduction at checkout.Alternatively, you can claim it when filing your tax return using IRS Form 8936.
Leased EVs do not qualify for the consumer tax credit, as the benefit goes to the leasing company.However, dealers may offer equivalent discounts or incentives to offset this.
Our EV Specialists will verify eligibility, guide your point‑of‑sale transfer, and help set up home charging.
Disclaimer: Information on this page is provided for convenience and may change without notice. Eligibility and amounts depend on federal rules and your tax situation. Consult the IRS and your tax advisor.
10722 US HWY 15-501SOUTHERN PINES, NC 28387 • Sales: (910) 684‑5779
