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Colorado Electric Vehicle Tax Credits

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Rebate Overview

Overview

Colorado Electric Vehicle Tax Credits offer an upfront discount of up to $750 when you buy or lease a new electric vehicle or plug-in hybrid electric vehicle. If your vehicle has a manufacturer's suggested retail price of $35,000 or less, you can receive an additional tax credit of $2,500. This means you could save a total of $3,250!

Keep in mind that if you lease a vehicle, the lease term must be two years or longer.

Benefits

Upgrading to an electric vehicle can make your driving experience smoother and more enjoyable. Not only do you save money on fuel and maintenance, but you also contribute to a cleaner environment by reducing pollution. This choice can enhance your home's value and support a sustainable future for everyone.

More Information

  • Eligible vehicles must have an MSRP up to $80,000.
  • For maximum savings, consider vehicles priced at $35,000 or less.
  • If leasing, ensure your lease term is at least two years.

Details

  • Incentive type: Upfront Discount
  • Amount: $ 750
  • Maximum Amount: $ 3,250
  • Link: More details

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