Preston Chrysler Dodge Jeep Ram

Mar 27, 2024
EV Savings

Electrifying Your Drive: Unveiling the Affordability of CDJR EVs & PHEVs

At Preston Chrysler Dodge Jeep Ram, we’re all about empowering drivers to experience the thrill of EVs on the road. We understand the ever-evolving landscape of automotive technology, and that’s why we’re championing the exciting world of EV affordability. There’s a common misconception that EVs are a luxury reserved for a select few. Our team is here to shatter that myth and unveil the surprising EV affordability of Chrysler Dodge Jeep Ram’s lineup, including not just fully electric vehicles but also fuel-efficient hybrids and plug-in hybrids (PHEVs). Follow along to learn more about the Jeep EV tax credit and shop our current inventory!

EV Cost Savings: Beyond the Gas Pump

The most obvious benefit of EV affordability is the elimination of gas station visits. While gas prices fluctuate, the cost of charging an EV remains considerably lower. Think about it – filling your tank can be a significant expense each month, but charging your EV at home overnight takes advantage of off-peak electricity rates, translating to substantial savings throughout the year. Additionally, many employers and public spaces are installing charging stations, offering convenient top-ups while you’re on the go. But EV affordability extends beyond just electricity. EVs require less maintenance compared to traditional gasoline-powered vehicles. Their simpler electric drivetrains have fewer moving parts, meaning fewer oil changes, spark plug replacements, and other routine maintenance costs. Regenerative braking, an efficient feature in EVs, helps to prolong the life of your brake pads by capturing energy during deceleration, further reducing maintenance needs.

Power Up Your Savings with EV Tax Credits

The U.S. government offers a significant federal tax credit to incentivize the purchase of new electric vehicles. We’re here to help you maximize these savings on your Chrysler, Dodge, Jeep, or Ram EV or plug-in hybrid electric vehicle and expand your EV affordability!

Federal EV Tax Credit: As of now, the federal tax credit amount varies depending on the battery capacity of the EV. For certain 2024 Chrysler, Dodge, Jeep, and Ram EVs with larger battery packs (greater than 16 kilowatt-hours), you may be eligible for a tax credit of up to $7,500. This means you can reduce your federal tax liability by a significant amount when you purchase a qualifying vehicle. It’s important to note that the specific credit amount and eligibility criteria can change, so we recommend checking with the IRS for the latest details.

State and Local Incentives: The good news doesn’t stop there! Many states, including Delaware, offer EV tax credits and incentives. Delaware drivers can save up to $2,500 on select Chrysler, Dodge, Jeep, and Ram EVs or PHEVs! EV affordability and incentives can come in various forms, including additional tax breaks, rebates on charging station installation, or even exemptions from certain fees like registration or tolls. By working with us, you can be sure you’re taking advantage of all the available programs to reduce the cost of owning a Chrysler, Dodge, Jeep, or Ram EV further.

Maximizing Your Savings: Understanding the complex world of tax credits and incentives can feel overwhelming. We’ll work closely with you to determine your eligibility for both federal and local DE EV incentives. We’ll explain the specifics of each program and help you navigate the application process, ensuring you claim every available dollar of savings and benefit from EV affordability.

Financing Solutions: Even after factoring in tax credits, the upfront cost of a new EV can still be a concern. That’s why we offer a variety of financing options tailored specifically to EV affordability. Our finance team will work with you to find a loan or lease program that fits your budget and driving needs. We can explain the advantages of low-interest EV loans and explore leasing options that offer attractive monthly payments.

Jumpstart Your Electric Journey

By combining the power of federal and state EV tax credits with our competitive financing solutions, you can put yourself behind the wheel of a technologically advanced, fuel-efficient Chrysler, Dodge, Jeep, or Ram EV without breaking the bank and enjoy the full extent of EV affordability. Ready to experience the electric difference? Visit Preston Chrysler Dodge Jeep Ram today, explore our inventory, and reap the benefits of EV affordability!

SHOP NOW