Yes! New Volkswagen electric vehicles qualify for a tax credit of up to $7,500 from the federal government. The 2023 electric car tax incentive is available for eligible EVs that were purchased on January 1, 2023, through the end of the year.1
The VW ID.4 is among the eligible vehicles that this tax rebate can be applied to, so be sure to ask about your savings opportunities when you stop by our Volkswagen dealership near Jacksonville. We'll be happy to go over requirements, tax credit limits and more, ensuring that you have all the information you need.
Check out our EV tax credit frequently asked questions below, then reach out to the Volkswagen of St. Augustine team for further information!
Volkswagen EV Tax Credit FAQs
What are the federal EV tax credit requirements?
In order for a new Volkswagen EV to qualify for the federal tax credit, it must meet certain IRS qualifications, including:1
- Battery capacity of at least 7 kWh
- Gross vehicle weight rating of less than 14,000 pounds
- Final assembly in North America
- MSRP of no more than $80,000 (SUVs, vans, trucks) or $55,000 (all other vehicles)
Are there state electric tax rebates in Florida?
While Florida doesn't have a statewide EV tax credit for individual drivers purchasing a vehicle, there may be some eligible EV sales and charging incentives available depending on the city or county you live in.1 Reach out to our team to learn more about Florida electric car tax information.
Which Volkswagen electric cars qualify for tax savings?
The new Volkswagen ID.4 SUV is currently eligible for the federal EV tax credit. Check out the full list of qualifying ID.4 models:1
| Model Year | Volkswagen Model | Applicable MSRP Limit |
|---|---|---|
| 2023 | Volkswagen ID.4 | $80,000 |
| 2023 | Volkswagen ID.4 Pro | $80,000 |
| 2023 | Volkswagen ID.4 Pro S | $80,000 |
| 2023 | Volkswagen ID.4 S | $80,000 |
| 2023 | Volkswagen ID.4 AWD Pro | $80,000 |
| 2023 | Volkswagen ID.4 AWD Pro S | $80,000 |
Does the EV tax credit apply to used cars?
As of 2023, used electric vehicles may now be eligible to receive a used clean vehicle tax credit. The following restrictions may apply:
- Have a sales price of $25,000 or less
- Have a model year at least two years older than the current calendar year when purchased (example: a vehicle purchased in 2023 would need a model year of 2021 or older)
- Not have already been transferred after August 16, 2022, to a qualified buyer
