Electric Vehicles in Pennsylvania and New Jersey

How do electric car tax credits work?

EV Charging Stations in Pennsylvania

The future of driving is here. With the advent of our electric vehicles (EVs), you're able to experience a greater journey while eliminating tailpipe emissions. With the vast array of public EV charging stations, you don't need to worry about running out of power as you tour Philly Metro, Delaware Valley, and beyond. Make the most out of every mile in an EV car, truck, or SUV from Fred Beans Automotive.

EV Charging for Your Everyday Life

Once you convert to an EV, the road ahead looks and feels brighter. Many people choose to install an EV charging station in their homes. But when you're busy making moves from Southeastern, PA. to Central, PA., and beyond, having the luxury to swing by the house is unfeasible. Fortunately, our network of reliable charging stations are ready to serve you.

Get the power you need while on the go. Life doesn't stop. So, why should you? Our vast and convenient charging stations offer access to quick and fast charging that you may not receive from your home setup.

Let Fred Beans Automotive become your gateway to a fantastic driving experience. With great savings, fantastic rebates, nine brands with 13 EV models, and growing, we are the family of dealerships you need in your life. Find the deal you're looking for by calling one of our great dealerships. Our dedicated and knowledgeable team members will help answer your questions and get you driving towards a better future. Find your local EV charging station and stay charged up for the adventure ahead.

Earn Money Back with the Electric Vehicles IRS Tax Credit

If you're interested in spending less on your new EV, you'll want to learn more about the many IRS tax credits and in-state tax credits available. These credits can save you thousands of dollars on a new vehicle, giving you a better overall price for your brand-new electric or plug-in hybrid model.

In August of 2022, the Inflation Reduction Act of 2022 amended the Qualified Plug-in Electric Drive Motor Vehicle Credit, also known as the Clean Vehicle Credit. This credit is for specific electric vehicles that have been purchased after August 16th, 2022. These qualified electric vehicles must have their final assembly in North America and be one of the models on the Department of Energy list. We recommend taking a closer look at our current electric cars, trucks, SUVs, and vans to discover which one is right for you and which one will give you the tax credit you deserve.

Frequently Asked Questions About the Electric Vehicles IRS Tax Credit

• If I signed a contract to purchase an EV before August 16th, 2022, but I haven't taken possession of the vehicle, is my tax credit affected? - No. You may claim the credit based on the rules before the new Inflation Reduction Act of 2022.
• How does the Inflation Reduction Act affect existing tax credits for new electric vehicles? Currently, the final assembly requirement is the biggest change for all new EVs.
• Will there be future changes to IRS EV tax credits? - Most likely. There are many proposed changes to the EV tax credits. Most of these start in 2023.

If you have any tax credit or other financial questions, don't hesitate to reach out to our Fred Beans Auto Group dealership. We'd love to help our Pennsylvania area drivers get the best price for their new electric, plug-in hybrid, or hybrid vehicle.