Yes, there is an EV tax incentive when you buy your first EV in NY! In addition to the refined interiors, robust performance, and cutting-edge tech amenities associated with the marque, drivers can also benefit from the EV tax incentive for Mercedes-Benz vehicles. Chances are you’ve talked to friends who purchased EVs and took advantage of the fantastic tax credit thanks to the Charge NY initiative. This New York EV tax incentive, known as the Drive Clean Rebate, offers EV car buyers in the Larchmont area a rebate of up to $2,000 toward the purchase or lease of a new EV. Combine that with the Federal Tax Credit of up to $7,500, and you can save nearly $10,000 on the purchase of your first EV! Let the Mercedes-Benz of New Rochelle team explain the rebate, and turn to us to discuss your finance options.
The Drive Clean Rebate is an EV tax incentive open to all New York State residents who are purchasing their first electric vehicle on the state’s list of eligible EVs. Over 60 vehicles are eligible for the Drive Clean Rebate, including many Mercedes-Benz models. Here’s how it works:
There are a few things to keep in mind about the New York EV tax incentive. For one, the amount of the EV tax incentive depends on the battery-only range the car has. Consider the rebate thresholds below*:
Is there an EV tax incentive for Mercedes-Benz? In New York, the following Mercedes-Benz EVs qualify for the Drive Clean Rebate*:
Trying to get your hands on the perfect Mercedes-Benz model? Take advantage of the New York EV tax credit with us! Contact us today on our web form, and someone from our team will reach out to you. Or, you can apply for financing to make the process a little easier. We can’t wait to hear from you!
*This information is current at the time of writing (August 2024).
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