Electric Vehicle Offers & Information
Federal Tax Credit for New & Used Electric Vehicles
A federal tax credit is available for new and used electric vehicles that meet requirements specified in Internal Revenue Code Section 30D.
New Vehicle Clean Credit up to $7,500.
You may qualify for a credit up to $7,500 if you buy a new, qualified plug-in EV. The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032. Information about new vehicles purchased in 2022 and before or for vehicles purchased in 2023 and after.
Used Vehicle Clean Credit up to $4,000.
Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit. The credit equals 30% of the sale price up to a maximum credit of $4,000. Additional Details.
The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.
Starting in January 2024, an Inflation Reduction Act provision allows consumers to transfer the tax credit to car dealers, reducing the purchase price of eligible new and used vehicles at the time of sale.
New Vehicle Clean Credit up to $7,500.
You may qualify for a credit up to $7,500 if you buy a new, qualified plug-in EV. The Inflation Reduction Act of 2022 changed the rules for this credit for vehicles purchased from 2023 to 2032. Information about new vehicles purchased in 2022 and before or for vehicles purchased in 2023 and after.
Used Vehicle Clean Credit up to $4,000.
Beginning January 1, 2023, if you buy a qualified used electric vehicle (EV) from a licensed dealer for $25,000 or less, you may be eligible for a used clean vehicle tax credit. The credit equals 30% of the sale price up to a maximum credit of $4,000. Additional Details.
The credit is nonrefundable, so you can't get back more on the credit than you owe in taxes. You can't apply any excess credit to future tax years.
Starting in January 2024, an Inflation Reduction Act provision allows consumers to transfer the tax credit to car dealers, reducing the purchase price of eligible new and used vehicles at the time of sale.
- Consult your tax adviser to make sure you qualify
- Tax credit amount varies based on vehicle details
- Restrictions apply, subject to change without notice
Incentive Information
Electric Vehicle Federal Tax Incentive up to $7,500
Federal Tax Credit for EV Charging Equipment up to $1,000
Consumers who purchase qualified residential charging equipment may receive a tax credit of 30% of the cost, up to $1,000.
- Consult a tax professional to see if your installation qualifies
- Visit IRS website for additional information
Incentive Information
Federal Tax Credit of 30% of the cost of residential charging equipment, up to $1,000.
Washington EV (Electric Vehicle) Instant Rebate Program
The Washington State Department of Commerce has launched the state’s Washington EV Instant Rebates Program, with funding through June 2025, or until all funds are used. The program is expected to deliver between 6,500 and 8,000 rebates.
The program is focused on supporting low-income residents, and provides between $2,500 and $9,000 off at the time of purchase or lease of a qualified vehicle.
Rebate Amounts
New EVs
Purchase or 2-year lease: $5,000
3+ year lease: $9,000
Used EVs
Purchase or 2-year lease: $2,500
3+ year lease: $2,500
Eligibility
The program is focused on supporting low-income residents, and provides between $2,500 and $9,000 off at the time of purchase or lease of a qualified vehicle.
Rebate Amounts
New EVs
Purchase or 2-year lease: $5,000
3+ year lease: $9,000
Used EVs
Purchase or 2-year lease: $2,500
3+ year lease: $2,500
Eligibility
- WA residents making 300% or below of the federal poverty level.
- Full battery electric vehicles with MSRP of $90,000 or less.
- Offer valid August 1, 2024 through June 30, 2025
- Additional restrictions apply, see WA DOC website for details
- For questions about the rebate, call 360-722-5055.
Incentive Information
$2,500 - $9,000 off the purchase or lease of an all electric vehicle for low-income residents.
Washington State EV Sales Tax Exemption
Beginning Aug. 1, 2019, a sales and use tax exemption for new or used clean alternative fuel and certain plug-in hybrid vehicles is available.
Qualifying vehicles
The exemption is applied to the sales price or fair market value when you purchase or lease a passenger car, light duty truck, or medium duty passenger vehicle that is powered exclusively by a clean alternative fuel or capable of traveling at least 30 miles using only battery power.
In addition, the vehicle must be sold or valued at $45,000 or less if new and $30,000 or less if used.
New Vehicles
August 1, 2021 through July 31, 2023
Pay no sales tax on the first $20,000 of qualified new EV purchase
August 1, 2023 through July 31, 2025
Pay no sales tax on the first $15,000 of qualified new EV purchase
Used Vehicles
August 1, 2019 through July 31, 2025
Pay no sales tax on the first $16,000 of qualified new EV purchase
Qualifying vehicles
The exemption is applied to the sales price or fair market value when you purchase or lease a passenger car, light duty truck, or medium duty passenger vehicle that is powered exclusively by a clean alternative fuel or capable of traveling at least 30 miles using only battery power.
In addition, the vehicle must be sold or valued at $45,000 or less if new and $30,000 or less if used.
New Vehicles
August 1, 2021 through July 31, 2023
Pay no sales tax on the first $20,000 of qualified new EV purchase
August 1, 2023 through July 31, 2025
Pay no sales tax on the first $15,000 of qualified new EV purchase
Used Vehicles
August 1, 2019 through July 31, 2025
Pay no sales tax on the first $16,000 of qualified new EV purchase
- Offer valid August 1, 2019 through July 31, 2025
- Consult WA DOL and DMV for additional details
- Additional restrictions apply, see WA DOR website for details
- For questions about the exemption, call 360-705-6705.
Incentive Information
Sales and use tax exemption for new or used clean alternative fuel and certain plug-in hybrid vehicles is available.