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ECAM : Clean Car and Charging Unit Tax Credit : New Plug-In Hybrid Vehicle, New Vehicle, Used Electric Vehicle

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Rebate Overview

Overview

The Clean Car and Charging Unit Tax Credit is a tax credit designed to help you save money when purchasing or leasing a new plug-in hybrid vehicle, new vehicle, or used electric vehicle. New Mexico taxpayers can receive a refundable tax credit of up to three thousand dollars for these purchases. You can save up to eight hundred dollars with this incentive.

Benefits

Upgrading to an electric or plug-in hybrid vehicle can make your daily commute more enjoyable and reduce your fuel costs. These vehicles are better for the environment, helping to cut down on pollution and promote cleaner air. Plus, making this switch can increase the value of your home and contribute to a sustainable future.

More Information

To qualify for this tax credit, you must be a New Mexico taxpayer purchasing or leasing an eligible vehicle. The maximum amount you can receive is three thousand dollars. 10/01/2023

Details

  • Expiration date: December 31, 2029
  • Incentive type: Tax Credit
  • Amount: $ 800.00
  • Maximum Amount: $ 3,000.00
  • Link: More details

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