Save Big with State and Federal EV Incentives
Make the Switch to Electric
At Hessert Chevrolet of Cherry Hill, we're committed to helping you make the switch to an eco-friendly electric vehicle (EV) while saving big with both state and federal incentives. If you've been considering making the transition to an EV, now is the perfect time! Not only can you reduce your carbon footprint, but you can also take advantage of exclusive rebates, credits, and savings that make purchasing or leasing an electric vehicle more affordable than ever.
Charge Up New Jersey
Save Up to $4,250 on Your EV Purchase
The Charge Up New Jersey program offers residents rebates of up to $4,000 when purchasing or leasing a new eligible battery electric vehicle (EV). Additionally, the program provides up to $250 for the purchase of a qualifying Level 2 home charger. With Hessert Chevrolet of Cherry Hill, you can apply this rebate directly at the dealership during the purchase or lease process, making it easy to save instantly.
For qualifying buyers, Charge Up+ offers an additional $2,000, bringing your total savings to $4,000 if you meet the income qualifications. This incredible opportunity, combined with our wide selection of Chevy EV models like the Chevrolet Blazer EV and Chevrolet Equinox EV, makes now the perfect time to explore all the benefits of driving electric!
Federal Tax Credit
Save Up to $7,500 on Your New Chevy EV
As part of the Clean Vehicle Credit, the federal government offers a tax credit of up to $7,500 for new plug-in electric and fuel-cell electric vehicles. Whether you're buying a Chevy Bolt EV or any other eligible vehicle, you can qualify for a significant tax saving when filing your taxes.
The credit amount depends on the vehicle's assembly location, battery components, and critical minerals sourcing. Additionally, your modified adjusted gross income (AGI) may impact how much you can claim. It's important to note that pre-owned EVs purchased in 2023 or later can also qualify for a tax credit of up to $4,000. So, even if you're looking for a certified pre-owned Chevy EV, there's still plenty of savings to enjoy.
The Perfect Time to Go Electric
Combine Rebates and Tax Credits for Maximum Savings
By combining the Charge Up New Jersey rebate and the federal tax credit, you can save thousands on your new electric vehicle. Here's a breakdown of how much you can save:
- Charge Up New Jersey Incentive: Up to $4,000 on qualifying EVs
- Federal Tax Credit: Up to $7,500 on new EVs
That's a potential total savings of $11,500 when you make the switch to an electric vehicle. Plus, don't forget about the $250 rebate for an eligible home charger.
Hessert Chevrolet of Cherry Hill
Your Trusted Chevy Dealership
At Hessert Chevrolet of Cherry Hill, we're here to guide you every step of the way as you explore the world of electric vehicles. Our knowledgeable team is ready to answer any questions about the Charge Up New Jersey program, federal tax incentives, or any of the Chevy EV models we carry. With the incentives available today, there's never been a better time to make the move to an electric vehicle.