
EV Tax Credits & Rebates
Transitioning to an electric vehicle is a smart move for both the environment and your wallet. At Herb Chambers Chrysler Dodge Jeep Ram FIAT® of Danvers, we are here to help you understand and utilize the various federal and state tax credits and rebates available for EVs.
Our EV tax calculator simplifies the process, ensuring you get the most out of your eco-friendly investment. See how much you can save when you buy a new or used electric car from our nearby dealership.

How Much Can I Save on a New EV?
Our new electric vehicles nearby offer substantial financial rewards beyond fuel savings. One of the best perks is the clean vehicle tax credit of up to $7,500 with the purchase of an eligible plug-in hybrid or electric vehicle.1 This federal tax credit is designed to make owning an EV more accessible and affordable. However, be mindful of the following MSRP limitations to qualify:
- MSRP can't exceed $80,000 for vans, SUVs and trucks
- MSRP can't exceed $55,000 for all other new vehicles
In addition to federal credits, Massachusetts residents can enjoy the MOR-EV Massachusetts state EV rebate, which can total up to $6,000.1 This rebate further reduces the upfront cost of investing in a clean vehicle. You have two convenient ways to receive this rebate:
- Option 1: Receive your rebate at our dealership when you purchase or lease.
- Option 2: Apply online for this rebate within 90 days post purchase or lease.
Are There Tax Rebates on Used Electric Vehicles?
Yes, when you buy an electric vehicle from our dealership it can be eligible for tax rebates regardless of if it's new or used. These used EVs are eligible for a federal tax credit of up to $4,000 when fully qualified.1 This provides a financial incentive to consider a pre-owned EV, making it even more affordable to drive an eco-friendly vehicle.
Additionally, the MOR-EV rebate is also applicable to eligible used electric cars, expanding your savings potential even further. Whether you're buying new or pre-owned, these rebates can help you save when you're looking to buy an electric car, encouraging sustainable choices without compromising your budget.
How to Claim Electric Car Tax Incentives in MA
To learn more about potential electric car tax rebates in Massachusetts and how much you can save, call or click to talk with Herb Chambers Chrysler Dodge Jeep Ram FIAT of Danvers. Our team of experts is here to guide you through the process, from understanding eligibility requirements to claiming your tax credits and rebates.
Ready to make the switch to an electric vehicle? Visit Herb Chambers Chrysler Dodge Jeep Ram FIAT of Danvers and let us help you. Using our EV tax calculator makes it easy to maximize your savings and upgrade to a new or used EV. We look forward to seeing you!
Learn More: Understanding EVs | Herb Chambers SMART Buy
1 Information accurate at time of publication. See dealer for complete details.