$7,500 Tax Incentive for Volkswagen ID.4 EV

Starting January 1, 2024, the tax incentive available for the Volkswagen ID.4 EV will be available to customers immediately at the time of purchase and will no longer be collected via tax returns. This allows drivers to get behind the wheel of this outstanding electric vehicle (EV) for an even better price.

Experience the future of driving near New Port Richey, Holiday, and Trinity, FL, and visit us at Volkswagen of New Port Richey to test drive this all-electric SUV and access the tax incentive for the VW ID.4.

How Does It Work?

The VW ID.4 is an electric vehicle manufactured in North America, so it’s eligible for the $7,500 tax incentive. This credit has been available since 2010 and can reduce the filer's federal income tax by up to $7,500. However, starting January 1, 2024, customers who purchase qualifying vehicles will have immediate access to the full federal tax credit.

This change allows eligible EV purchasers to transfer the federal tax credits directly to the dealership. This means the tax credit is transformed into an upfront rebate, offering buyers a direct reduction of $7,500 from the vehicle's sale price.
$7,500 Tax Incentive
Volkswagen ID.4 EV
Other Benefits of Driving a VW ID.4

Owning an electric vehicle has numerous benefits beyond eco-friendliness and zero emissions. The efficiency of an electric car makes it more cost-effective to travel the same distance as a traditional car. Another noteworthy advantage of driving an electric model is the convenience of home charging. EV owners can likely recharge their vehicles overnight in the comfort of their own garage.

Although certain considerations may apply, such as needing a 240-volt Level 2 home charging station for larger EVs, the simplicity and familiarity of plugging in one's car overnight has become a welcomed routine for many EV owners.

Additionally, the inherent performance advantages of electric motors, characterized by abundant low-RPM torque and instant throttle response, contribute to a dynamic driving experience that many enthusiasts appreciate, further solidifying the appeal of electric vehicles. Beyond the smooth and quiet ride, EV drivers also revel in the simplicity of maintenance.

Lastly, with fewer moving parts than traditional vehicles, there's less wear and tear, resulting in reduced visits to the mechanic. 
About the VW ID.4

The Volkswagen ID.4 stands out as an impressive electric vehicle, boasting an EPA-estimated range of up to 275 miles, providing drivers with the freedom to embark on journeys confidently.* Beyond its remarkable range, the VW ID.4 is designed to make electric driving accessible to everyone. It offers a smooth and comfortable ride, ample interior space, and a plethora of cutting-edge technological features.

Offering all-wheel drive, the Volkswagen ID.4 capabilities go beyond the ordinary. This is not just for improved traction; it also positions the vehicle as an ideal choice for towing, complemented by a standard tow hitch.

Additionally, with a robust 295 horsepower and intelligent power distribution, the VW ID.4 demonstrates its prowess in delivering a powerful and capable all-wheel drive performance. The instant torque allows the vehicle to go from 0 to 60 MPH in an impressive 5.7 seconds. This acceleration, accompanied by the quiet hum of the electric motor, creates a unique and exhilarating driving experience.

Furthermore, this model’s driver-assistance technology is part of the IQ.DRIVE suite, which takes safety to the next level, providing drivers with added confidence on the road.

Test Drive a Volkswagen ID.4 EV Today

Do you have any further questions? Contact us at Volkswagen of New Port Richey, near New Port Richey, Holiday, and Trinity, Florida, and let one of our experts guide you through the entire process, answering all your questions.

To access the $7,500 tax incentive for the Volkswagen ID.4 EV, visit us today!

 *2023 ID.4 Pro EPA estimated total range is 275 miles. Actual mileage and range will vary and depend on several factors including driving and charging habits, accessory use, temperature and topography, battery age, load, and vehicle condition. Battery capacity decreases with time and use. See owner’s manual for details.