What To Know About End of Federal EV Tax Credit

What To Know About End of Federal EV Tax Credit

What To Know About the End of Federal EV Tax Credit

Find Your Ford EV With Us at Don Vance Ford!

You may have heard that the Federal EV Tax Credit is coming to an end. This tax credit helped make Ford EVs and electric vehicles from other brands more affordable to customers across the nation. With this chapter coming to a close, you may have some feelings of uncertainty about purchasing an EV. However, we here at Don Vance want you to know that there are still many benefits to purchasing an EV from the Ford lineup, and we want to answer some commonly asked questions! Down below, we’ll talk about some of the advantages that Ford EVs have to offer, and introduce you to the EVs and PHEVs within the Ford range. Keep reading to learn more!

Is a Ford EV Still a Good Value?

Even though the Federal EV Tax Credit may no longer apply to your purchase, there are still lots of good reasons to purchase a Ford EV! First of all, keep in mind that the EV Tax Credit was just one way to save money on your EV. These vehicles are excellent investments, as they help you save money on gas over time! The cost of the electricity it takes to charge an EV or PHEV is far less expensive than the equivalent amount of gas. Plus, electricity costs are less susceptible to fluctuations than gas prices, making it a more stable expense. Lastly, EVs require less maintenance, as they do not have gas-powered engines to maintain. These are just a few ways that purchasing an EV can pay off over time!

What All-Electric Vehicles Does Ford Offer?

Within the Ford lineup, there are a few different options for those seeking an all-electric vehicle! These true EVs run solely on a rechargeable battery, and let you skip the gas pump altogether. These are the most efficient, eco-friendly options available from Ford! First up, there’s the Mustang Mach-E, an electric version of the iconic Mustang sports car. The Mach-E is sleek, sporty, and performance-focused, especially when you opt for the Rally model, which can go from 0-60 in 3.4 seconds! There’s also the Ford F-150 Lightning, which can tow up to 10,000 pounds when properly equipped, and also boasts an estimated range of up to 300 miles! Lastly, business owners can enjoy the Ford E-Transit, an all-electric commercial van with six available configurations to suit any job you need to do!

What Are Ford’s Plug-In Hybrid Models?

Ford understands that not every driver is looking for a full-electric vehicle, and so do we here at Don Vance Ford! In addition to the EVs we described above, there are some other options for those who want a more efficient vehicle, that’s a bit more similar to the gas-powered vehicles you might be used to. There are several mild-hybrid vehicles available, such as the Ford Maverick, Ford F-150, and Ford Escape! The mild-hybrid system works in tandem with the gas engine, so you’re saving energy without having to give it a second thought. If you want to step it up a notch, there’s also a plug-in hybrid version of the Escape, so you can combine gas and electric power for enhanced fuel efficiency!

Visit Don Vance Ford to Find Ford EV Inventory!

Do you want to find a Ford EV of your very own? We can help you find just what you’re looking for here at Don Vance Ford! If you’re interested in finding an EV like the Mustang  Mach-E, Ford Lightning, or any of the other models we described, we’re here to help. You can browse through our inventory right here on our website, or visit us in person to take our Ford vehicles for a test drive. You can also apply for financing online, or contact us using the form below to learn more about our Ford vehicles. From all of us here at Don Vance Ford, we look forward to working with you soon!

Contact Us

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.
  • This field is for validation purposes and should be left unchanged.