Electric-Vehicle tax credit ends September 30th, What you need to know!
Electric-vehicle tax credit ends September 30, 2025; compare deals now before up to $7,500 vanishes from your budget.
The clock is ticking on your chance to lock in serious EV savings and dealer incentives.
With the federal EV tax credit, worth up to $7,500, set to expire on September 30, 2025, buyers are facing a rare alignment of urgency and opportunity. Dealers are mass-dropping lease and finance offers to move inventory. If you have even the faintest EV inkling, now is the moment to turn it into action.
Why does this matter right now?
The EV tax credit is not a political gesture; it is a direct boost to your wallet. According to Auto Pacific’s 2025 survey, 79 percent of prospective EV buyers are aware of the credit, and nearly one in three say it is the sole reason they’ll buy. With the credit gone, forecasts predict EV adoption will plateau at just 8 percent through 2026 and creep to only 12 percent by 2029, barely half of earlier expectations.
How does it compare to rivals?
At the moment, lease deals are unprecedented: Volkswagen ID.4 leases can dip to levels you’d expect for gym membership, roughly $100 a month with a modest down payment. Meanwhile, Chevrolet’s Equinox EV leases for about $249 a month; the Honda Prologue ranges between $159 and $229; and Acura’s ZDX hovers near $299. Tesla slashes finance rates, Model Y shoppers can snag around 3.5 percent APR, and Model 3 buyers can score 0 percent when bundling driver-assist upgrades. Polestar is offering incentives up to $15,000 off the Polestar 3, exceeding the tax credit itself.
Who is this for, and who should skip it?
If you are shopping for an EV now, these deals are your open window. The EV tax credit and dealer incentives combined make models like the ID.4, Equinox EV, and Prologue significantly more affordable. If you delay past September 30, these deals vanish. That said, if you are skeptical of EV infrastructure or unsettled by charging anxiety, waiting might still feel prudent, though more expensive.
What is the long-term significance?
This is where the irony bites: just as EV tech matures and mainstreams, look at robust trucks like Ford’s F-150 Lightning delivering muscle, utility, and innovation, the financial sweet spot disappears. Auto Pacific warns EV adoption could stall. A future where affordable EVs remain rare may well arrive unless policymakers act or automakers absorb costs themselves.
