More and more drivers these days are seeking out vehicles like the Chrysler Pacifica or Jeep® Wrangler for sale with hybrid or electric options, and it makes sense — not only are hybrid and electric models better for the environment, but they can also help drivers save at a time when gas prices are extra high. But did you know that on top of all that, plug-in hybrid vehicles (PHEVs) also qualify for the EV tax credit?
What You Need to Know about the EV Tax Credit
There are a few things you should know about your Jeep SUV or Chrysler minivan PHEVs and the EV tax credit.
- Three of our models qualify, but more are on the way. Currently, you can find three qualifying PHEVs at Gandrud Chrysler Dodge Jeep RAM, but automakers are hard at work on more, including a RAM truck and a Dodge crossover. Any of these models could qualify for the federal EV tax credit:
- 2022 Chrysler Pacifica Plug-in Hybrid
- 2022 Jeep Wrangler 4xe
- 2022 Jeep Grand Cherokee 4xe
- All our qualifying vehicles are eligible for the full $7,500 federal credit. While the credit amount can vary based on the model, all our PHEV models qualify for the maximum tax credit.
- You’ll get your credit at tax time. While you’ll still save the same amount, the tax credit isn’t a discount applied at purchase – it’s a credit applied to the taxes you owe for the year, so you’ll need to wait until tax time to take advantage of it.
Jeep and Chrysler PHEVs in Green Bay, WI
With our PHEV options, you can get a great vehicle for families or outdoor adventures and still get all the eco-friendly and cost-saving advantages of a hybrid, so visit today to learn more from our Chrysler and Jeep dealers in Wisconsin. Green Bay, WI drivers can start their journey to fuel savings at our dealership.