Qualifying Cadillac Models for the Electric Vehicle Tax Credit
Are you ready to start or continue your new EV journey? When you buy a new Cadillac Lyriq in Nampa, Idaho, you may qualify for a federal EV tax credit with Clean Vehicle Tax Credits. Enjoy the benefits of owning a new Cadillac electric vehicle by saving money at the pump and when purchasing your new EV.
New Cadillac Lyriq
The 2024 Cadillac Lyriq can qualify for a $7,500 tax credit with an MSRP limit of $80,000.
If you plan to buy a new Cadillac EV for personal use, you may be eligible for an electric vehicle tax credit of up to $7,500. According to federal criteria, electric vehicle tax credits are available for vehicles placed in service on April 18, 2023, and after. If the vehicle only meets the critical minerals requirement, the tax credit amount is $3,750. If the vehicle only meets the battery components requirement, the tax credit amount is again $3,750. However, if the vehicle meets both requirements, the tax credit amount can be up to $7,500. The 2024 Cadillac Lyriq meets both requirements, making it eligible for the $7,500 tax credit. Stop by our Cadillac dealership and browse our new Cadillac electric vehicles in Nampa for the opportunity to find a new EV that qualifies for Cadillac EV tax credits.
Once you choose your new Cadillac EV from our Nampa Cadillac dealership, you have the option to apply for the Clean Vehicle Tax Credit at the time of purchase or when you file your tax return. Our team is always ready to help you determine the right option for you and whether you qualify for Cadillac EV tax credits in Idaho. If you have any questions about the electric car tax credits in Nampa, feel free to contact us online, give us a call, or simply visit our Cadillac dealership. Discover your new Cadillac EV tax credit today!
Learn More About Electric Car Tax Credits at Our Nampa Cadillac Dealer
As you’re here shopping our selection of new Cadillac vehicles, find a new EV that qualifies for an EV tax incentive in Nampa. Talk to us today to learn more about electric vehicles and the savings they offer. Our team wants to make sure that you find the ideal new Cadillac EV for your life and that you qualify for EV tax incentives. While you’re here at our Cadillac dealer in Nampa, you can start the car buying process with our online car loan application at our Cadillac Finance Center. Take advantage of EV tax credits and pick out your next new electric Cadillac in Nampa today!