Jones Ford Verde Valley: EV Offers & Federal Tax Credit Available

Jones Ford Verde Valley will make sure you understand every possible EV tax credit – even with the new laws and regulations. If the electrified performance of the Mustang Mach-E, F-150 Lightning, or Escape Plug-In Hybrid has piqued your curiosity, this page is your all-in-one reference guide for current and future Ford EV tax credit opportunities.

Join us as we explore everything you need to know about federal tax credit for electric cars: 2025 EV tax credit, electric car maintenance costs, EV charging station infrastructure, and common questions like, "Does the EV need to be built in the U.S. to qualify?" This year is bringing big changes in the electric car industry, and we're here to help you navigate them.

EV Tax Credit: 2025 Changes at a Glance

Save up to $7,500 on qualifying new Ford EVs and plug-in hybrids through September 30, 2025.¹
Get up to $4,000 in Ford federal tax credit when buying eligible used Ford EVs through September 30, 2025.¹
From October 1, 2025, through 2028, a new EV tax credit worth $10,000 will help offset auto loan interest for U.S.-assembled EVs.²
Income limits apply to both the current and new EV tax credit laws; scroll down for specific salary caps and filing categories.
Vehicle price affects current EV tax credit eligibility: New EV trucks, vans, and SUVs must have MSRPs at or below $80,000, new cars must have MSRPs at or below $55,000, and used models must be priced at or below $25,000.³
Choose when to claim your EV tax credit: Claim instantly at the dealership or when filing your federal taxes.

EV Tax Credit Basics: Current Laws & Upcoming Changes

EV tax credit laws are changing rapidly – and soon. Only specific trims or VINs qualify for an EV tax credit, and these rules expire on September 30, 2025. Here's what you need to know about current rules and new legislation.

Current EV Tax Credit Law: July 2025 Through September 30, 2025

New EVs & PHEVs

Lease or finance new electric vehicles to receive up to $7,500 in EV tax credit.¹
New EV truck, van, or SUV MSRP must be $80,000 or less.³
New EV car MSRP must be $55,000 or less.³
Customers' modified AGI must be less than $300,000 (Married), less than $225,000 (Head of Household), or less than $150,000 (any other status).³

Used EVs & PHEVs

Finance pre-owned electric vehicles to receive up to $4,000 in EV tax credit.¹
Vehicle price must be $25,000 or less.³
Customers' modified AGI must be less than $150,000 (Married), less than $112,500 (Head of Household), or less than $75,000 (any other status).³

Upcoming EV Tax Credit Changes: October 1, 2025 Through 2028

We're not exactly saying goodbye to EV tax credit; 2025 is just a year of big change, and there are two important dates you need to know.

September 30, 2025, is the last day for current U.S. EV tax credit deductions, which means that after this date, the $7,500 new-EV rebate and $4,000 used-EV credit will end. What's more, September 30, 2025, marks the end of the EV tax credit for all leased EVs, so if you've been toying with the idea of leasing one of our Ford electric vehicles, now is the time to act.
October 1, 2025, is the start of a new EV tax credit opportunity worth $10,000 annually in terms of loan interest. The new law states that financed, U.S.-built electric or plug-in electric vehicles will qualify for an annual tax deduction of $10,000² as long as the car is driven for personal use and drivers do not have modified AGIs exceeding $200,000 (Married) or $100,000 (all other filings).² Unfortunately, this $10,000 annual deduction does not apply to leased vehicles.

How Does the New EV Tax Credit Law Affect Home EV Charging Stations?

Through June 30, 2026, EV customers are eligible for a federal EV tax credit for home EV charging stations. This credit equals 30% of the cost of charging equipment and home installation or a maximum of $1,000.³ After June 30, 2026, this incentive will no longer be possible. However, Arizona residents might still benefit from EV rebates from their power companies to help offset home EV charging station expenses.

Which Ford Electric Vehicles for Sale Are EV-Tax-Credit Eligible?

Under the current law, which expires September 30, 2025, only one of the Ford electric vehicles is eligible for the federal EV tax credit: the F-150 Lightning. Click over to our electric vehicles overview for information about this EV truck's specs and features, or take a closer look at its EV tax credit status below.

Ford F-150 Lightning: A new 2023, 2024, and 2025 Ford F-150 Lightning in a Flash, Lariat, or XLT trim is eligible for the full $7,500 Ford federal tax credit as long as its MSRP is at or below $80,000 and the buyer meets the income requirements listed above.³ This offer is only good through September 30, 2025, but we expect the F-150 Lightning to qualify for the EV tax credit under the new EV bill, too.

The Future of Sustainable Driving

While no one can predict what types of EV tax credit options will become available after the new law ends in 2028, it's important to remember that federal EV tax credit isn't the only reason to drive an electrified car, truck, van, or SUV. These eco-friendly machines come with multiple advantages!

First, electric car maintenance costs tend to be lower than those of gas-powered vehicles. For example, a gas-powered full-size truck needs oil changes every 5,000 to 7,500 miles, while a Ford F-150 Lightning only needs interval service every 10,000 miles. It's also quite simple to prepare an electric model for seasonal changes; just consult our EV Maintenance Checklist!

Secondly, our EV charging station infrastructure is growing, both on local and national levels. Arizona has more than 1,323 public EV charging stations, and we expect that number to increase.⁴ Last but most certainly not least, let's discuss safety. We feel safe in assuming that collision avoidance is a top priority for most drivers, and EVs are among the safest. Electric cars like the F-150 Lightning are brimming with advanced driver-assistance and autonomous safety technology like Pre-Collision Assist with Automatic Emergency Braking and Evasive Steering Assist so you can breathe easy on every road.

Claim Every Possible EV Tax Credit & Dealer Incentive at Jones Ford Verde Valley

Hopefully, this EV tax credit overview has shed some much-needed light on our country's current and upcoming federal EV tax credit laws and deductions. At Jones Ford Verde Valley, we want nothing more than for our customers to feel confident in their decisions, so if you have any additional questions about tax credits, electric car maintenance costs, gas vs. electric car savings, EV charging station installation, or our entire inventory of new Ford vehicles, give us a call!

Frequently Asked Questions

Do all Ford EVs qualify for the federal tax credit?

No, due to changes in federal battery sourcing laws, not all Ford electric vehicles qualify for a federal EV tax credit in 2025. However, you will find Ford electric vehicles for sale at our dealership that meet EV tax credit requirements, and our finance experts can explain all your EV tax credit options as well as any promotions we're offering at Jones Ford Verde Valley to maximize your savings.

Can I claim the credit at the time of purchase?

Yes, since new laws were passed in 2024, drivers who lease or finance an electric vehicle can claim their EV tax credit when they take possession of their vehicle or when they file their taxes. Many of our Jones Ford Verde Valley customers opt to receive their EV tax credit at signing for immediate benefits, but you'll still receive the same amount of money if you wait until tax filing.

When does this tax credit program end?

The current EV tax credit program, which allows for up to $7,500 in credits for new electric vehicles and up to $4,000 in credits for pre-owned EVs, ends on September 30, 2025.¹ On October 1, 2025, a new federal EV tax credit law will take effect that removes tax credit for leased electric models but adds a $10,000 annual auto loan interest deduction for financed EVs.²

¹Please consult with your own tax or legal professional to determine eligibility, specific amount of incentives or rebates available. The amount of your tax savings will depend on your individual tax circumstances. The Inflation Reduction Act, effective as of August 16, 2022 and pending further IRS guidance, introduces additional requirements for federal tax credit eligibility. This information does not constitute tax or legal advice.

²Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors#:~:text=New%20deduction:%20Effective%20for%202025%20through%202028%2C%20individuals%20may%20deduct,Maximum%20annual%20deduction%20is%20$10%2C000.

³Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.kiplinger.com/taxes/ev-tax-credit#:~:text=The%20federal%20tax%20credit%20for,price%20caps%20remain%20in%20effect.

⁴Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://afdc.energy.gov/stations/states

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, license, and $499 documentation fee. Additional equipment added by the dealer or the purchaser will increase the overall transaction amount. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.