EV Tax Credit Ends September 30, 2025 — What Bellefontaine Drivers Need to Know

The clock is ticking for drivers in Ohio who are considering an electric vehicle. The federal Clean Vehicle Credit, better known as the EV tax credit, is officially ending after September 30, 2025. This program has given buyers up to $7,500 off new EVs and $4,000 off qualifying used EVs, but time is running out to take advantage of the savings.

At Steve Austin’s Auto Group, we want to make sure you understand exactly what’s at stake, which Chevrolet and GMC vehicles may qualify, and what steps you can take today to secure this benefit before it disappears.

Why the Deadline Matters

Once the program ends, there’s no guarantee of renewal. That means if you’ve been thinking about a Chevy Equinox EV, Blazer EV, Silverado EV, or a GMC Sierra EV, now is the time to act. Waiting past the September deadline could mean missing out on thousands of dollars in federal savings.

Even if your vehicle is still on order or not yet delivered, there are options. By signing a purchase agreement and making a qualifying payment before the deadline, you may still be able to lock in the credit. We’ll walk you through every step so there are no surprises.

Who Qualifies for the EV Tax Credit?

Not every buyer or every vehicle qualifies, so it’s important to know the rules:

Income limits:

• Up to $300,000 for married couples filing jointly

• Up to $225,000 for heads of household

• Up to $150,000 for single filers

MSRP caps:

• Cars must be priced at $55,000 or less

• SUVs, trucks, and vans must be $80,000 or less

Vehicle requirements:

• Final assembly in North America

• Battery sourcing requirements that vary by trim and build

• Dealer submission of a time-of-sale report

Used EV credit:

• Worth up to $4,000 (30% of the purchase price)

• Vehicle must be at least 2 years old

• Price must be $25,000 or less

• Purchase must be from a dealer, not a private seller

Chevrolet and GMC Models That May Qualify

At Steve Austin’s Auto Group, we carry several Chevrolet and GMC models that are strong candidates for the credit. Eligibility depends on trim, price, and build location, so we always confirm on the specific VIN at the time of purchase.

Chevrolet

• Equinox EV – Often qualifies for up to $7,500, provided trim and pricing stay within SUV caps.

• Blazer EV – Many trims qualify, though some may vary by build.

• Silverado EV – Certain trims under the truck cap may qualify.

GMC

• Sierra EV – Select trims may qualify if pricing is under the cap.

• HUMMER EV – Typically does not qualify because pricing exceeds the cap.

Quick Look: MSRP Caps vs. Credit Amounts

Here’s a simple way to picture it:

• New EVs: Up to $7,500 off, but only if the vehicle stays under the $55k (cars) or $80k (SUVs/trucks) threshold.

• Used EVs: Up to $4,000 off, but only if the vehicle is older, dealer-sold, and priced under $25k.

Think of it as a sliding scale. If your dream EV fits under the price cap and you meet income requirements, the savings can be substantial.

How to Claim the Credit

There are two main ways to take advantage of the credit, and our team can help you decide which is best for your situation.

1. Point-of-Sale Transfer (Recommended)

   • The credit is applied directly at purchase, lowering your price on the spot.

   • We handle all the paperwork and file the time-of-sale report with the IRS.

2. Tax Filing

   • If the credit isn’t transferred at the dealership, you may claim it when you file your federal taxes.

   • Keep in mind, the program still ends after September 30, 2025.

What to Bring with You

To make the process smooth and avoid delays, here’s what you should have ready:

• Proof of income eligibility (current or prior year tax info)

• Your chosen trim and options (to ensure MSRP stays under the cap)

• VIN for assembly and sourcing confirmation (we’ll check this for you)

• Trade-in details if applicable

• Payment method for deposit or purchase

What This Means for Bellefontaine Shoppers

This deadline creates a unique window of opportunity. If you’ve been on the fence about going electric, this could be the nudge you need. Imagine driving a brand-new Equinox EV or Blazer EV around Bellefontaine while saving thousands upfront. The combination of cutting-edge technology, lower running costs, and a disappearing federal incentive makes 2025 the year to make your move.