What Should Cadillac Buyers in Frisco Know About EV Tax Credits and Home Charger Incentives?
The federal government has made changes to electric vehicle (EV) tax incentives that could impact your next purchase. The Clean Vehicle Credit, which offers up to $7,500 in tax savings, is scheduled to expire on September 30, 2025, unless extended. The separate credit for home EV charger installation will end on June 30, 2026. If you're considering an EV in Frisco, timing matters.
Who Qualifies for the Clean Vehicle Credit—and How Much Is It?
The maximum $7,500 credit is divided into two parts:
- $3,750 if the vehicle meets the critical mineral sourcing rules
- $3,750 if it meets battery component manufacturing requirements
Some EVs may only qualify for a partial credit. Others may not qualify at all, depending on how and where they’re built. It's important to verify each vehicle’s eligibility before you buy.
What Are the Basic Requirements for a Cadillac EV to Qualify?
To be eligible for the Clean Vehicle Credit, a vehicle must:
- Be new at the time of purchase
- Include a battery of at least 7 kilowatt-hours
- Weigh under 14,000 pounds
- Undergo final assembly in North America
- Be made by a qualified manufacturer
Price limits also apply:
- $80,000 MSRP cap for SUVs, trucks, and vans
- $55,000 MSRP cap for all other vehicles
These requirements must be met in full, and the dealer must properly report the sale to the IRS for the credit to apply.
What’s the Deadline—and Will the Credit Be Renewed?
The Clean Vehicle Credit ends on September 30, 2025 unless new legislation extends it. The home charger credit will end by June 30, 2026. While both could be renewed, nothing is certain. Planning ahead is your best move.
What Steps Should I Take If I’m Shopping for a Cadillac EV in Frisco?
Start by confirming the EV you’re interested in qualifies for the credit. At Crest Cadillac in Frisco, TX, our team can help you sort through the details, check eligibility, and walk you through the timeline so you don’t miss the opportunity.
How Can Crest Cadillac Help With the EV Incentive Process?
We provide guidance tailored to Texas drivers. Whether you're comparing Cadillac LYRIQ configurations or planning a home charger install, our experts can help you navigate every incentive and make the most of the current programs.
Ready to Talk About EVs or EV Incentives in Frisco?
Contact Crest Cadillac in Frisco, TX today. We’ll help you understand your tax credit options, identify qualifying vehicles, and provide the support you need to make a confident EV purchase.
