How to Qualify for a Jeep EV Tax Credit

We have some great news! If you purchase or lease a Jeep Plug-in Hybrid Electric Vehicle (PHEV), you might be eligible for up to a $7,500 federal tax credit with possible additional state incentives. Now that’s a bang for your buck. Learn more about how to qualify for a Jeep EV tax credit now at Ray CDJR!

Plug-in Electric Drive Vehicle Credit

The U.S. Department of Energy has stated all-electric and plug-in hybrid cars purchased in or after 2010 may be eligible for the federal tax credit. Note that the credit amount varies based on the vehicle’s battery capacity.

Internal Revenue Code Section 30D provides an income tax credit of $7,500 for the purchase or lease of a Jeep Wrangler 4xe or Jeep Grand Cherokee 4xe. You can also view your state-specific incentives available on the Jeep 4xe tax credit website.

How to Claim Your Jeep EV Tax Credit

To claim your federal tax credit, simply go to this page on the U.S. Department of Energy’s website. Once on the page select “Jeep” in the Manufacturer dropdown menu and find your Wrangler 4xe or Jeep Grand Cherokee 4xe model. If your specific Jeep model meets the requirements, you can fill out Form 8936:Qualified Plug-in Electric Drive Motor Vehicle Credit.

Certification Requirements

There are several requirements your vehicle must meet for it to qualify, including: 

• The vehicle must be made by a manufacturer (i.e., it doesn’t include conventional vehicles converted to electric drive).
• It must be treated as a motor vehicle for purposes of title II of the Clean Air Act.
• It must have a gross vehicle weight rating of not more than 14,000 lbs.
• It must be propelled to a significant extent by an electric motor which draws electricity from a battery which has a capacity of not less than 4 kilowatt hours and is capable of being recharged from an external source of electricity.
• The original use of the vehicle commences with the taxpayer—it must be a new vehicle.

• The vehicle is acquired for use or lease by the taxpayer, and not for resale. (The credit is only available to the original purchaser of a new, qualifying vehicle. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.)
• The vehicle is used mostly in the United States.
• The vehicle must be placed in service by the taxpayer during or after the 2010 calendar year.

Visit Ray CDJR!

Looking for a Jeep dealer near me? For over 65 years, Ray Chrysler Dodge Jeep Ram has been providing Northern Illinois and Southern Wisconsin drivers in areas like Fox Lake, McHenry, Round Lake, Ingleside, Wauconda, and Antioch with a dealership experience that is unrivaled. As your Fox Lake car dealer, we provide standout new and used vehicle selection, quality auto service, and are dedicated to the community we serve. Visit us to find Jeep EVs and claim your plug-in electric vehicle tax credit now!