If you're considering making the switch to an eco-friendly electric vehicle in Portland, Northside Ford is your go-to destination. Discover the advantages of driving an electric vehicle, from reduced maintenance costs to significant fuel savings, and learn about the EV tax credits available at our local dealership.
Our expert team is ready to assist you in navigating both federal and Oregon EV incentives. Enjoy the benefits of zero emissions, lower fuel costs and maximize your savings with available electric vehicle tax credits in Oregon. But you should act fast, as the federal electric vehicle tax credit will end soon.
If you purchase a qualifying electric vehicle before September 30, 2025, you may qualify for valuable federal tax credits.1
Is the Federal EV Tax Credit Ending Soon?
Yes, the federal Clean Vehicle Tax Credit is available until September 30, 2025. To benefit from these savings, make sure to purchase a qualifying new Ford F-150 Lightning or Mustang Mach-E before this date. The program covers eligible new and used Ford EVs for personal or business use.
How Do I Claim My EV Tax Credit?
By buying an eligible Ford EV, you may be eligible for up to $7,500 in federal tax credits when filing your income taxes for that year.1 Models like the Ford Mustang Mach-E and F-150 Lightning qualify for this rebate. Remember, the federal tax credit ends on September 30, so consider purchasing a new EV in Portland soon to seize the full advantage.
What Are New Auto Loan Interest Deductions?
You can deduct up to $10,000 annually in interest on loans for qualifying new vehicles, including electric, hybrid and gas vehicles assembled in the U.S.1 This deduction is available now until December 31, 2028, and is an excellent opportunity to save when selecting American-made brands like Ford.
Oregon State EV Incentives
Oregon offers a variety of programs to help reduce the cost of purchasing or leasing an eligible electric vehicle. The Northside Ford EV sales team can guide you through these incentives, making your transition to electric driving more cost-effective.
New Ford EV for Sale in Portland, OR
Embrace eco-friendly driving and savings at our Portland Ford dealership. Contact Northside Ford today to learn which Ford electric vehicles qualify for tax credits and start enjoying the numerous benefits of owning an EV in Oregon.
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1 Information listed here is accurate at time of publishing. Tax credits are subject to change.
