You Can Get a $7500 Tax Credit When You Buy an Electric Vehicle from Subaru 

Thinking about getting an electric vehicle (EV) in the near future? 

If you are, then you really ought to consider getting an EV made by Subaru. 

The United States government obviously likes what leading automakers like Subaru have done with their line of electric vehicles, so much so that it is offering consumers a credit up to $7,500. 

What Makes You Eligible for the Tax Credit? 

It is actually quite simple to qualify for receiving the tax credit. You need to be purchasing the vehicle for your own personal use. It is also required that you will primarily be using the car in the United States. 

However, other rules and restrictions reply. 

For one, your adjusted gross income cannot exceed $300,000 for jointly filing married couples, $225,000 for heads of households, and $150,000 for all other filers. 

Subaru EVs are eligible for the tax credit by meeting the government’s requirements for the vehicles themselves. 

EVs that the U.S. government offers the $7,500 tax credit for must be a qualified vehicle. 

A qualified vehicle has a battery capacity that is at least 7 kilowatt hours (kWh). The EV must also have a gross weight of less than 14,000 pounds. 

It also must be made by a qualified manufacturer (Subaru is on that list). Final assembly also must be done in North America. 

Additionally, the only sales that qualify are new-vehicle sales. The seller must also report the required info to you and the IRS at the time of the sale. Included among this information is the buyer’s name and taxpayer identification number. 

What Subaru EV Should You Buy? 

We here at Neil Huffman still have electric vehicles from this eco-friendly automaker in stock. 

The 2023 Subaru Solterra is among the best EVs on the market. It is an SUV that is built for long-range travel, which is a big bonus when it comes to EVs. 

It can reach up to 94/114 highway/city miles per full charge. 

All-Wheel Drive also makes for handling that is fit for tough terrain. 

All you need to do is get a good charge, and take off on your adventure. 

Driver assistance technologies also make this such a great vehicle: X-MODE with Downhill Assist Control, EyeSight Driver Assist Technologies, and Blind-Spot Monitoring will keep you safe on your electric journey. 

The Best Selection of New and Used Vehicles in Kentuckiana

Still searching for a new or used vehicle that is right for you? Look no further than Neil Huffman Subaru for this year’s new Subaru lineup along with great-value used vehicles. If you have any questions for us about our new or used vehicle inventory, be sure to contact us today and we will help you find what you are looking for.

Tags: Electric Vehicles, EV's, Neil Huffman, Subaru, Tax Credit
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