Ford EV Tax Credit Ending FAQs
Ford EV Tax Credit Ending FAQs
Get a New or Used Ford EV Here at Mt. Orab Ford!
Navigating the world of electric vehicles can be exciting, but recent news about the Ford EV tax credit ending has left many buyers with questions. If you're considering a new or used Ford EV, you may wonder how this change affects your purchase and what options are still available. Here at Mt. Orab Ford, we're ready to help guide you through the process and make sure you get the best possible deal. Continue reading below as we delve into the most frequently asked questions about the Ford EV tax credit expiration, providing you with clear answers to help you make a confident decision for your next Ford EV.
1. What Does the End of the Ford EV Tax Credit Mean for Ohio Buyers?
Ohio buyers have been able to take advantage of the federal EV tax credit, which is up to $7,500 on eligible new Ford EVs, making the switch to electric more affordable. With the federal credit ending, the upfront cost of a new EV could increase, meaning your monthly payments might be higher than expected. While Ohio doesn't currently have a statewide EV rebate program, local utility companies such as AEP Ohio and Dayton Power & Light occasionally offer credits or incentives for installing home EV chargers. If you're looking to buy a new or used Ford EV in Ohio, Mt. Orab Ford can help you navigate these opportunities and ensure you get the most value out of your purchase.
2. Can Ohio Buyers Still Benefit From Other Incentives or Deals?
Even without the federal credit, Ohio residents can still access local savings. Many utilities provide incentives for home charging installation, and some cities offer programs to support EV adoption. Mt. Orab Ford also regularly has manufacturer incentives like cashback offers, loyalty bonuses for current Ford owners, and low-interest financing on EVs. By combining dealership deals with local programs, Ohio buyers can often offset a significant portion of the lost federal credit. Our team can break down all these opportunities so you can maximize your savings while getting the Ford EV that suits your lifestyle.
3. How Will This Change Affect New vs. Used Ford EV Purchases in Ohio?
The federal tax credit, which ends mainly for new EVs, means that used Ford EVs in Ohio remain a more affordable option. That said, demand for new EVs may still push used EV prices slightly higher, especially for popular models with longer range and advanced technology. Buying a used Ford EV in Ohio can save you thousands compared to a new model, while still offering quality, reliability, and in many cases, a remaining manufacturer warranty. At Mt. Orab Ford, our inspected and certified used EVs give Ohio buyers peace of mind while keeping costs lower.
4. Should Ohio Residents Act Now or Wait to Buy a Ford EV?
For Ohio buyers, timing can be key. Inventory for popular Ford EVs—like the Mustang Mach-E or the all-electric F-150 Lightning—can move quickly, especially as interest grows following the federal tax credit changes. Waiting might mean missing out on certain trims, colors, or features. Acting now allows you to secure your ideal EV while taking advantage of current dealership offers and local incentives. The team at Mt. Orab Ford can help Ohio residents explore all new and used options, financing plans, and local programs to make sure you get the right vehicle for your budget and lifestyle. Completing the form below is the fastest way to get started and secure the best available deals.
Ready to Find Your Ford EV in Ohio? Choose Mt. Orab Ford
Even with the federal EV tax credit set to end, Ohio buyers still have several ways to save on a new or used Ford EV. From local utility incentives to dealership promotions, there are options to help make your switch to electric more affordable and stress-free. At Mt. Orab Ford, our team is here to answer all your questions, guide you through available programs, and help you find the perfect Ford EV for your needs. Don't wait—fill out the form below to get started and make sure you take advantage of the best deals and availability for Ohio drivers today.
May not represent actual vehicle. (Options, colors, trim and body style may vary)