Save on a Volkswagen Electric Vehicle with State & Federal Tax Incentives
It's a great time to go electric at Prestige Volkswagen of Stamford. With federal and state electric vehicle (EV) incentives available to Connecticut drivers, you can save big and drive a new Volkswagen ID.4 for much less than expected. Enjoy the sophisticated technology and excellent drive quality the new VW ID.4 offers. Owning an EV is easier than ever thanks to a rapidly expanding network of public fast chargers and the incentives that open up EV ownership to more Connecticut drivers than ever before.
Through the Inflation Reduction Act of 2022, new EV owners can qualify for up to a $7,500 credit. Additionally, Connecticut's EV rebate program can put cash in your pocket by sending you a direct check or obtaining a prequalification voucher for our finance team to apply to your purchase or lease agreement, thereby reducing your monthly payment. There are a lot of opportunities for savings, making the transition to clean vehicle technology well within reach. Contact our team today to view our in-stock EV models and get on the road to instant savings and lower your carbon footprint instantly.
How to Qualify for the Federal Clean Vehicle Tax Credit
All new Volkswagen ID.4 electric vehicles meet the criteria for up to $7,500 in tax savings through the Clean Vehicle Credit. There are also income requirements that can affect your eligibility and the amount of the credit. The limit for income is $300,000 for married couples filing jointly, $225,000 for heads of household, and $150,000 for individuals.
Clean Vehicle Credit Qualifying Vehicle: VW ID.4
At Prestige Volkswagen of Stamford, you can save on the Volkswagen ID.4, which qualifies for federal and Connecticut EV incentives. Qualifying is easy, and you can get help from our finance team to go over your incentive options. With the federal tax incentive, you can get instant savings when you lease or apply the credit to reduce your income tax liability at the next tax filing season when you purchase a new VW ID.4. Our pure electric crossover is spacious and easy to charge with flexible at home or on the go options that make ownership a breeze.
How to Qualify for the Connecticut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR)
The Connecticut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR) offers a rebate for Connecticut drivers who purchase or lease a VW ID.4 model at Prestige Volkswagen of Stamford. You could get up to $4,250 for a new model or up to $3,000 for a used model, including a 2015 to 2019 VW e-Golf.
CHEAPR Standard Rebate
If you purchase or lease a new VW ID.4, you qualify for up to a $4,250 rebate, which we can apply to your purchase price or apply for the program and receive a check from the Center for Sustainable Energy® (CSE) under the Department of Energy and Environmental Protection (DEEP).
Customers will need to apply and qualify for the rebates prior to arriving at the dealership. The initial rebate is worth $2,250 with an additional $2,000 available for qualifying individuals who live in a distressed municipality purchasing a vehicle of $50,000 or less.Rebate+ New
You can apply for a prequalification voucher to use at the time of purchase. We can apply instant savings on your new purchase or lease.
Rebate+ Used
If you plan to purchase a used VW electric model, you can apply for prequalification to get instant savings on your purchase or apply for the program after your purchase and receive a check in the mail.
Save on the VW ID.4 at Prestige Volkswagen of Stamford
For more information on current EV incentives and benefits, contact our team at Prestige Volkswagen of Stamford. We can help answer all your questions about transitioning to clean vehicle technology and preparing for life behind the wheel of a zero-emissions vehicle. Call us today to test drive the Volkswagen ID.4 and get ready to be impressed with its amenities and incredible benefits.
We're sorry, availability of some equipment, options or features may be limited due to global supply issues affecting the auto industry. Please be sure to verify that the vehicle you purchase includes all expected features and equipment.
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Prestige Volkswagen of Stamford
42 W. Broad St.
Stamford, CT 06902
- Sales: (203) 327-2500
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