IMPORTANT EV TAX CREDIT CHANGE
Beginning next week on August 1st, 2023 the state EV sales tax credit will only apply to $15,000 of the selling price of the vehicle. A separate sales tax credit for used vehicles will continue to apply to $16,000 of the selling price.
Date of Purchase
Aug 1, 2022 - July 31, 2023
Aug 1, 2023 - July 31, 2025
New vehicles
$20,000
$15,000
Used vehicles
$16,000
$16,000
A new vehicle may only have a selling price of up to $45,000 to qualify for the exemption. A used vehicle may only have a selling price of up to $30,000 to qualify. A trade in or manufacturer rebate does not lower the selling price of a vehicle.