At Simpson Chevrolet of Irvine, it's rather simple to use your federal electric-vehicle tax credit. That is to simply acquire the new, all-electric Chevy Bolt. You're then free to claim up to $7,500 in tax credits issued by the federal government.

While certain restrictions apply to electric vehicles (EVs) qualifying as such, the basis premise to incentivize the purchase or lease of Chevrolet sustainability in Santa Ana, CA.

2023 Chevy Bolt – How it Qualifies for EV Tax Credits

With any government-authored initiative, there will be qualifying details that need to be met. The same is true of Chevrolet Bolt EVs and EUVs offered shoppers in Tustin, CA.

Of the main requirements, MSRP (manufacturer's suggested retail price) must be pegged at $55,000 or less. And given that powering is all-electric with final assembly performed in North America, shoppers may realize the full allotment of credits – worth up to $7,500.

There are also additional incentives in federal tax credits with installation of a qualifying home-charging unit. This allows for convenience in fast charging on your driveway or garage. And of equal reward are state-based clean vehicle programs often delivering rebates or tax credits to shoppers.

In all, there's a concerted effort to reward your decisioning in Chevy Bolt EVs and EUVs. It only takes a savvy shopper to realize what's at stake in savings.

Simpson Chevrolet of Irvine – Act Now to Share in Federal EV Tax Credits

In light of this latest iteration of Chevy Bolt being discontinued, it might be some time until the 2025 version makes its way to market. So, with asking prices just right and well within the federal requirement window, proven worthwhile is a test drive.

While here onsite, you may then get apprised of the available initiatives in-play toward Chevy Bolt ownership and the benefit of being free of fuel in Costa Mesa, CA.

Categories: Rental, Green, New Inventory