BMW EV Tax Credit Ending Soon
Don’t Miss Out — Ends September 30, 2025

Lock In Federal EV Savings Before They’re Gone

Thinking about switching to electric? Now is the time. The federal EV tax credit — worth up to $7,500 on qualifying BMW models — is scheduled to end September 30, 2025. Once the deadline passes, these savings disappear. Don’t wait until inventory is tight and time runs out.

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Which BMW EVs Qualify?

Eligible models may include the BMW i4, i5, i7, and iX. Certain restrictions and qualifications with income limits and MSRP caps apply for purchases, but when you lease, the credit is often applied up front by the leasing company — lowering your payment right away.*

BMW i4

Sleek Performance

Sporty handling and daily driving range — the EV that feels like a BMW should.

BMW i5

Business-Class Luxury

The legendary 5 Series, reimagined with silent power and advanced tech.

BMW i7

Flagship Comfort

Executive seating, a 31-inch Theater Screen, and serene all-electric travel.

BMW iX

Electric Adventure

A spacious SUV with bold design and long-distance capability.

Why You Should Act Now

Credits Expire Soon: After September 30, 2025, federal EV incentives end.*
Leasing Advantage: Many BMW leases already factor in incentives for lower monthly payments.*
Stack Your Savings: Combine federal credits with BMW offers and state/local programs.
Best Selection Now: Demand will rise as the deadline gets closer. Reserve early.

3 Simple Steps

Pick your BMW EV and confirm availability.
Review your savings and eligibility with our EV specialists.
Take delivery before September 30, 2025, to lock in your benefits.

EV Tax Credit — Frequently Asked Questions

How does the federal EV tax credit work?

For qualifying purchases, you may be eligible for a federal income tax credit (up to $7,500) when you file your taxes for the year you took delivery. Eligibility depends on factors like vehicle MSRP caps, your modified adjusted gross income, and where the vehicle is assembled. Always consult a tax professional for your situation.*

Do leases get the tax credit?

With leases, the finance company (lessor) typically claims the commercial clean-vehicle incentive and can apply it to the lease as an upfront reduction, lowering your monthly payment. That means many shoppers can still benefit through leasing even if their income wouldn’t qualify for a purchase credit.*

Which BMW models may qualify?

BMW’s all-electric lineup includes the i4, i5, i7, and iX. Exact eligibility can vary by trim, equipment, and transaction type (purchase vs. lease). Our team will review today’s requirements with you and show what savings may apply to the model you choose.*

Are there income limits or price caps?

For purchases, federal rules set household income thresholds and MSRP caps for eligibility. These do not typically apply the same way to leases because the lessor claims the incentive. We’ll explain what that means for you and outline the path that maximizes your benefits.*

How do I claim the credit on a purchase?

If you purchase and qualify, you generally claim the credit on your federal tax return for the year you placed the vehicle in service. Keep your purchase paperwork and any required IRS forms. Your tax professional can guide you through filing requirements and timing.*

Why is there a deadline of September 30, 2025?

Current federal guidance indicates that clean-vehicle incentives end for vehicles acquired after September 30, 2025. As we approach the deadline, demand typically spikes and selection tightens. Acting early helps you secure the configuration you want and stay on track for potential savings.*

Talk to an EV Specialist

Disclaimer: This information is for general awareness and is not tax or legal advice. Eligibility varies by model/trim, MSRP, buyer income, assembly location, battery components, and transaction type. Leasing incentives may differ. Always consult a qualified tax professional and review current IRS rules.

Tom Bush BMW Jacksonville

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