Switching to an electric vehicle is more rewarding than ever at Metro Ford Auto Sales. With various federal tax credits available, now is the perfect time to invest in a qualifying electric SUV or truck at our Ford dealership in Tupelo.
Don't wait, as the federal Clean Vehicle Tax Credit is expiring on September 30, 2025.1 Meet with our team today to discuss your options. They'll guide you through the process of securing substantial tax savings on your eligible new electric or plug-in hybrid vehicle.
Are Federal EV Tax Credits Ending?
Time is ticking on federal EV tax credits, as it's set to expire on September 30, 2025.1 This valuable incentive could significantly enhance your savings with up to $7,500 off your federal tax bill on a qualifying electric Ford model, but time is running out. Visit Metro Ford Auto Sales today to browse our selection of new Ford EVs in Tupelo that qualify.
Understanding the Used EV Tax Credit
Thinking about going electric with a qualifying used car for sale in Mississippi? The federal tax credit, which extends up to $4,000 off qualifying used electric vehicles, expires on September 30, 2025,1 as well. Chat with the Metro Ford Auto Sales experts to understand which models qualify. Don't miss the opportunity to drive an eco-friendly vehicle while benefiting from this valuable used EV incentive.
Auto Loan Interest Tax Deduction Explained
As the EV tax credits expire, the new federal auto loan interest deduction takes shape to further reduce your costs. With this incentive, you could potentially deduct up to $10,000 annuallyin interest from your auto loan,1 adding another layer of financial benefit to your EV purchase.
Apply for an auto loan in Mississippi with us and speak with our local Ford financing team. We'll help you determine your eligibility and take you through the process. Whether you're ready to buy an EV or new truck that qualifies for the auto loan interest tax deduction, let us assist you in making your vehicle investment even more rewarding.
Buy a New Electric Vehicle in Tupelo Today
With the deadline for federal tax savings nearing, there's no better time to visit our Tupelo Ford dealership. Our diverse selection of electric vehicles offers something for every lifestyle, so schedule a test-drive today to experience the cutting-edge technology and performance of our electric lineup.
We're also excited to introduce you to the new federal auto loan deduction, so contact Metro Ford Auto Sales to claim savings on your next vehicle.
Read More:
New Ford Specials | Why Choose Our Dealership? | Professional Ford Financing
1 Information listed here is accurate at time of publishing. We encourage you to speak with a tax professional.