TAX CREDITS & INCENTIVES
Get the MAX from TAX! Buy now to take advantage of the federal tax credit before it goes away.
FEDERAL TAX CREDIT FOR ELECTRIC CARS
Up to $7,500 Federal Tax Credit
A federal tax credit of up to $7,500 is available for the purchase or lease of an electric car, depending on the car’s battery size. These funds are applied toward the amount of federal income tax you owe, so the tax credit can vary from $2,500 to $7,500.
It's important to note that only the first 200,000 vehicles from each carmaker are eligible for the tax credit, so you'll want to double check the status of the carmaker you are considering.
STATE INCENTIVES FOR ELECTRIC CARS
Currently, Missouri and Kansas do not offer a state incentive for the purchase of an electric car.
Missouri offers private citizens an Alternative Fueling Infrastructure Tax Credit of 20 percent of the costs — up to $1,500 — for the purchase of electric vehicle supply equipment (EVSE).
Electric vehicles are exempt from emissions testing in Missouri.
DEALERSHIP AND MANUFACTURER PERKS
Dealerships and automakers offer occasional perks for the purchase or lease of an electric vehicle, depending on location. Be sure to ask your dealer if any perks or incentives are available!
In some areas, electric cars are allowed access to carpool lanes with a single driver, as well as free charging and priority parking in certain areas. Rock-star priority parking spots at Kauffman and Arrowhead are great perks for Kansas City electric car drivers, while other regions offer similar premium spots in high-traffic areas.