Lock In Your Federal EV Tax Credit Before It Expires

September 24th, 2025 by

Thinking about going electric? The time to act is now. The federal EV tax credit of up to $7,500 officially ends on September 30, 2025. Once the deadline passes, buyers will lose access to one of the most significant savings opportunities available for electric vehicles. At Ike Honda in Marion, IL, we’re here to help you secure your credit before it disappears.

2025 Honda hybrid vehicle sold in Marion, IL.

Why Buy an Electric Vehicle Now?

  • Save Thousands Today: Qualifying buyers can receive up to $7,500 off new EVs and up to $4,000 on eligible used EVs.
  • Beat the Deadline: Deliveries after September 30, 2025, will not qualify—waiting even a few days could cost you.
  • Lower Ownership Costs: Electric vehicles require less maintenance than gas-powered models, and many local utilities in Illinois offer lower off-peak charging rates.
  • Eco-Friendly Benefits: Driving an EV reduces your carbon footprint and keeps more money in your pocket.

How the Federal EV Tax Credit Works

To qualify for the credit, your vehicle must:

  • Be delivered before September 30, 2025.
  • Be assembled in North America.
  • Meet federal battery sourcing standards.
  • Stay under MSRP caps: $55,000 for cars, $80,000 for SUVs, trucks, and vans.

Income limits also apply:

  • Up to $150,000 for single filers.
  • Up to $300,000 for joint filers.

At Ike Honda, our finance team will verify your eligibility before you sign, so you can be confident you’re maximizing your savings.

Who Qualifies?

If your adjusted gross income is within the limits above and you purchase a qualifying EV, you’re likely eligible. Better yet, thanks to point-of-sale rules, the credit can be applied immediately as a down-payment reduction at Ike Honda. That means you won’t have to wait until tax season—you’ll see the savings right away.

Reserve Your Honda EV at Ike Honda

Ike Honda proudly carries a lineup of innovative, efficient Honda vehicles that fit the needs of Southern Illinois drivers. Our team can walk you through available models, confirm eligibility, and help you take delivery before the September 30 deadline.

Visit Ike Honda in Marion, IL Today

Don’t wait until the last minute. Stop by our showroom at 4407 W. DeYoung Street in Marion, IL, call our team, or start your purchase online to lock in your EV tax credit before it’s too late. Our experts will guide you through the process, from confirming eligibility to helping you plan for charging at home.

Take charge of your future and your savings. Claim your EV tax credit by September 30, 2025—only at Ike Honda.

Posted in Accord Hybrid, Car Industry, Civic Hybrid, First Time Buyers, Prologue