2024 Clean Vehicle Tax Credit

New for 2024! The IRS is offering tax benefits for Clean Vehicles including certain models of electric vehicles (EV) and plug in hybrid electric vehicles (PHEV).

This will allow dealerships to apply the tax credit of up to $7,500 to the cost of purchasing your select new Clean Vehicle. The tax credit may be applied to the down payment if your vehicle purchase qualifies. This will allow immediate discounts for buyers without the need to wait until you file your taxes to get the credit.

Select Pre-owned Vehicles also may qualify for an instant tax credit of up to $4,000 as well!

Only certain models of Ford vehicles qualify. Contact Serramonte Ford for details on specific vehicles.