Incentives & Rebates

Find Incentives & Rebates

Discover current manufacturer rebates, federal tax credits, financing specials, and state-specific incentives to save on your next vehicle. No signup required.

EV Tax Credits

Federal and state EV tax credits and point-of-sale rebates.

Manufacturer Rebates

Cash rebates and discounts from manufacturers.

Financing Specials

Low APR and special financing offers.

EV Incentives

Electric vehicle incentives by state and model.

State Incentives

State-specific rebates and incentives.

Lease Specials

Manufacturer lease deals and reduced payments.

Find Incentives & Rebates

Potential Savings
$19,750
Based on 8 available incentives
Federal Credits
$11,500
State/Local Incentives
$4,000

Federal EV Tax Credit

tax creditEV
$7,500
Expires: 12/31/2032

Federal tax credit for qualifying new electric vehicles under $55,000 (cars) or $80,000 (SUVs/trucks)

Eligibility Requirements

  • Must be a new qualifying electric vehicle
  • MSRP under $55,000 (cars) or $80,000 (trucks/SUVs)
  • Final assembly in North America
  • Battery component requirements met
  • Income limits: $150K (single) / $300K (joint)

Used EV Tax Credit

tax creditEV
$4,000
Expires: 12/31/2032

Tax credit for qualifying used electric vehicles purchased from a dealer

Eligibility Requirements

  • Used EV purchased from licensed dealer
  • Sale price under $25,000
  • At least 2 model years old
  • Income limits: $75K (single) / $150K (joint)
  • Can only claim once every 3 years

Toyota 0% APR Financing

financingToyota
0% APR for 48 months
Expires: 3/31/2025

Special financing rates on select new Toyota models

Eligibility Requirements

  • Well-qualified buyers
  • Select 2024 models
  • Cannot combine with cash back

Honda Loyalty Bonus

loyaltyHonda
$750
Expires: 3/31/2025

Loyalty bonus for current Honda owners trading in or buying new

Eligibility Requirements

  • Current Honda owners
  • Trade-in or proof of ownership
  • Select new Honda models

Ford EV Customer Rebate

rebateEVFord
$3,500
Expires: 2/28/2025

Customer cash rebate on new Ford electric vehicles

Eligibility Requirements

  • New 2024 Ford Mustang Mach-E
  • New 2024 Ford F-150 Lightning
  • Can combine with federal tax credit

Chevrolet Lease Special

leaseEVChevrolet
$299/mo for 36 months
Expires: 2/28/2025

Special lease pricing on 2024 Chevrolet Equinox EV

Eligibility Requirements

  • Well-qualified lessees
  • $2,999 due at signing
  • 10,000 miles per year

California Clean Vehicle Rebate (CVRP)

rebateEVCA
$2,000
Expires: 12/31/2025

California state rebate for qualifying zero-emission vehicles

Eligibility Requirements

  • California residents only
  • Income limits apply
  • New or leased qualifying EV
  • 36-month lease minimum

New York Drive Clean Rebate

rebateEVNY
$2,000
Expires: 12/31/2025

New York state rebate for new electric vehicles

Eligibility Requirements

  • New York residents only
  • New qualifying electric vehicle
  • MSRP under $42,000

Official Data Sources

Income Limits (2024):

  • Single: $150,000
  • Married Filing Jointly: $300,000
  • Head of Household: $225,000
  • Used EV: Max $4,000 credit, vehicle under $25,000

Important Notes

  • Incentives may change - always verify directly with the manufacturer or IRS before purchase
  • Tax credits require tax liability - you can only claim up to what you owe in federal taxes
  • Some incentives cannot be combined - ask your dealer about stacking options
  • Manufacturer incentives are examples only - verify current offers on manufacturer websites

2024 Qualifying EVs for Federal Tax Credit(Source: IRS/DOE)

VehicleCreditMSRP CapAssembly
Chevrolet Blazer EV$7,500$80,000Mexico
Chevrolet Equinox EV$7,500$80,000USA
Chevrolet Silverado EV$7,500$80,000USA
Ford F-150 Lightning$7,500$80,000USA
Ford Mustang Mach-E$3,750$80,000Mexico
Rivian R1S$3,750$80,000USA
Rivian R1T$3,750$80,000USA
Tesla Model 3 RWD$7,500$55,000USA
Tesla Model 3 Long Range$7,500$55,000USA
Tesla Model 3 Performance$7,500$55,000USA

Data sourced from IRS and DOE. Updated for 2024 tax year.View complete list

Types of Incentives

Car incentives can significantly reduce your purchase price. Not all incentives can be combined; verify with dealers.

  • Cash Rebates: Direct discounts from the manufacturer
  • Tax Credits: Federal and state credits that reduce your tax liability
  • Low APR Financing: Below-market interest rates on loans
  • Lease Specials: Reduced monthly payments or favorable terms
  • Loyalty/Conquest: Bonuses for current owners or competitive trade-ins

EV Tax Credit Tips

The federal EV credit is now available at point of sale for qualifying vehicles.

  1. Income limits apply - check if you qualify before purchasing
  2. Vehicle price caps: $55,000 for cars, $80,000 for SUVs/trucks
  3. Used EVs can qualify for up to $4,000 credit with lower limits
  4. Combine with our gas vs electric calculator for total cost

Frequently Asked Questions

Common questions about this tool

What are car manufacturer incentives?

Manufacturers offer rebates, low APR, or lease deals to move inventory. They can be national or regional and change monthly. Incentives usually apply to the purchase price or financing, not both in some cases.

How do I find current car rebates and incentives?

Check the manufacturer’s website, dealer sites, and our incentives page. Incentives vary by model, trim, and region. Combine with negotiating the selling price for the best deal.

More Car Buying Tools