Why it’s a great time to switch to a EV
If you’re thinking about switching to an electric vehicle (EV), now is a great time to make a move. The federal EV tax credit that has helped make electric vehicles more affordable is officially set to expire on September 30, 2025. At Ontario Auto Center, we want to make sure our customers are fully informed and ready to take advantage of these savings before time runs out.
Here’s what you need to know…
What Is the EV Tax Credit?
The federal EV tax credit provides up to $7,500 for new electric vehicles and up to $4,000 for used EVs, depending on the vehicle’s eligibility and the buyer’s income. These incentives were introduced to encourage more people to adopt cleaner, greener transportation.
To receive the credit, you must purchase and take delivery of a qualifying EV by September 30, 2025.
What Happens After September 30, 2025?
After this deadline, the IRS will allow tax credit eligibility as long as you’ve signed a binding contract and made a payment before the deadline, even if delivery happens after 9/30/25.
Stay tuned to our socials [INSTAGRAM / FACEBOOK / LINKEDIN], we will do our best to update you if these policies change. Also, this change could impact vehicle pricing and availability across the industry.
Which EVs Qualify?
Not every electric vehicle qualifies for the full credit. Here are the key requirements:
- Final assembly must have taken place in North America
- It must meet critical mineral and battery component sourcing standards.
- There are income limits for buyers.
- The vehicle must fall under specific price caps
Here are some popular eligible EVs available at Ontario Auto Center
The 2025 Honda Prologue is a fully electric mid-size SUV offering up to 308 miles of range and fast charging. It combines spacious design, modern tech, and available all-wheel drive with up to 300 horsepower.
The Jeep Wagoneer S is an all-electric luxury SUV with up to 600 horsepower and 0–60 mph in 3.4 seconds. It features all-wheel drive, sleek styling, and over 400 miles of estimated range.
The Hyundai Ioniq 5 is a stylish all-electric compact SUV known for its spacious interior and cutting-edge technology. It offers up to 303 miles of range, ultra-fast charging, and a smooth, comfortable ride.
The 2026 Hyundai Ioniq 9 is a spacious three-row electric SUV that offers over 300 miles of range across all trims. It features a 110.3 kWh battery, supports ultra-fast charging, and is built on Hyundai’s E-GMP platform.
The Chrysler Pacifica PHEV is a spacious minivan that combines electric and gasoline power, offering about 32 miles of all-electric range and a total range of up to 520 miles. It’s designed for families seeking versatility, efficiency, and advanced features.
What You Should Do Now
If you’re considering an EV, here’s how to prepare:
- Browse Eligible Inventory
Visit Ontario Auto Center to see which EV models qualify for the federal tax credit. Our product specialists can walk you through your options.
- Ask About Leasing
Leasing an EV can offer additional flexibility and often includes the tax credit as part of the deal, lowering your monthly payment.
- Complete Your Purchase Early
Don’t wait until the last minute, inventory may go quickly!
- Talk to a Tax Advisor
While we can provide information, a tax professional can confirm whether you meet all the income and filing requirements.
What Happens After the Credit Ends?
After the federal credit expires, there may still be other incentives available, however, these programs may change over time. Acting now ensures you don’t miss out on the largest incentive currently available.
Final Thoughts from Ontario Auto Center
The EV tax credit has helped drivers make the switch to electric. With the program ending soon, now is the ideal time to shop, test drive, and make your move. At Ontario Auto Center, we carry a wide selection of EV’s, and with 15 brands in one location, cross-shopping is made easy. Our team is here to guide you through every step of the EV buying process and help you secure your credit before it’s gone.
Visit Us Today! Located Where The 10 & 15 Freeway Meet
Visit Ontario Auto Center today before it’s too late to explore your EV options and to take advantage of the federal tax credit before the September 30, 2025 deadline.