Owning an electric vehicle is more attainable than ever due to lowering prices and available federal tax incentives. With the Inflation Reduction Act of 2022, new rules apply to Ford electric vehicle models. When in doubt, you can check the VIN on the IRS website to see how much the incentive is for a particular vehicle. On your next tax return, you could get up to $7,500 back on a new Ford Mustang Mach-E or Ford F-150 Lightning!
To claim the tax credit, you'll need to file IRS Form 8936 when you file your tax return for the applicable tax year. You'll need your vehicle's VIN to complete the form and get proper credit. It's important to consult with your tax preparation services for more information on how to file.
Get your new Ford electric vehicle or plug-in hybrid at Hatch Ford to take advantage of the current tax incentives. The incentives are only good for this year, so contact our experts if you are interested in a new model. Get money back and reduce your overall cost to own an electrified vehicle while transitioning to a gas-free lifestyle.
1235 U.S. 180 East
Silver City, NM 88061
