Find Ford EV Deals With Tax Credit Savings At Jones Ford Casa Grande
Confused by recent changes in EV tax credit laws? You're not alone, but Jones Ford Casa Grande has answers. Rather than leaving you to wade through pages of federal EV tax credit information, we've compiled everything you need to know about federal tax credit for electric cars – 2025, 2024, and pre-owned models included. Yes, there are big shifts on the horizon, but we'll make sure you take home the maximum Ford federal tax credit available.
Scan the EV tax credit overview below for a quick orientation in tax laws and updates, then scroll down to explore Ford electric vehicles for sale and see which models answer the question, "Which EVs are eligible for the $7,500 tax credit?"
EV Tax Credit: 2025 Laws at a Glance
- Eligible Ford EVs: Only the new Ford F-150 Lightning is currently eligible in certain trims for up to $7,500 in EV tax credit savings.1
- Confirm Trim & VIN: Call Jones Ford Wickenburg to confirm current tax credit eligibility for each trim level; 2024 and 2025 Flash, Lariat, and XLT trims should qualify.1
- Credits End September 30, 2025: Current federal EV tax credit deductions will disappear after this date, so act now to maximize your savings.
- New Incentives in Effect: From now through 2028, a new EV tax credit law allows electric vehicle drivers to take up to $10,000 in auto loan interest deductions per year for U.S.-assembled EVs.2
Current Federal EV Tax Credit Law: July 2025 Through September 30, 2025
Up until September 30, 2025, when new changes go into effect, the EV tax credit is available to select new and used electric and plug-in electric vehicles that meet the following conditions.
New EVs and PHEVs
You can lease or finance new Ford electric vehicles (or EVs from any other automaker) to receive up to $7,500 in EV tax credit.3 Take this credit at signing or when you file your taxes. Not every model or trim is eligible, and certain rules apply:
- Van, truck, or SUV MSRP must be $80,000 or less.3
- Car MSRP must be $55,000 or less.3
- Customers' modified AGI must be less than $300,000 if filing Married, less than $225,000 if filing Head of Household, and less than $150,000 if filing any other status.3
Used EVs and PHEVs
Finance select pre-owned electric or plug-in electric vehicles at Jones Ford Wickenburg to earn up to $4,000 in EV tax credit if the following criteria are met.3 Just like new EVs, you can take your used EV tax credit upfront or file for it with your taxes.
- Vehicle price must be $25,000 or less.3
- Customers' modified AGI must be less than $150,000 if filing Married or Surviving Spouse, less than $112,500 if filing Head of Household, and less than $75,000 if filing any other status.3
Home EV Charging Stations
Currently, EV customers can enjoy a federal EV tax credit worth 30% of the cost of charging equipment and home installation up to a maximum of $1,000.3 After June 30, 2026, this incentive will disappear, but Arizona residents may still benefit from power-company-specific rebates for home EV charging station expenses.
A Helpful New EV Tax Credit Option: The $10,000 Financing Deduction
From October 1, 2025, through 2028, electric or plug-in electric vehicles that are manufactured in the United States and financed through a dealership will qualify for an annual tax deduction of up to $10,000.2 Drivers can deduct interest paid on a loan used to purchase a qualified vehicle as long as the car is purchased for personal use and meets other eligibility requirements.2 This new $10,000 deduction does not apply to leased vehicles, and drivers must have modified AGIs that do not exceed $200,000 for Married filers or $100,000 for all other tax statuses.2
What Do These EV Tax Credit Changes Mean for Ford Electric Vehicles?
Under the current law, which holds true through September 2025, only one of our Ford electric vehicles is eligible for federal EV tax credits, and that's the new F-150 Lightning truck.1 Then, beginning October 1, 2025, only financed Ford electric vehicles built in the U.S. will qualify for the new annual tax deduction worth up to $10,000 if income requirements are met.2
New Ford F-150 Lightning
One of the world's first all-electric trucks, the F-150 Lightning is currently eligible for the EV tax credit in select trims. This credit applies to leased or financed models. However, starting October 1, 2025, only financed F-150 Lightning models will qualify. Shop the electrified F-150 Lightning in our new Ford inventory at Jones Ford Casa Grande today!
New Ford Mustang Mach-E & Escape PHEV
Mustang Mach-E vehicles, which are fully electric five-seat SUVs with up to 300 miles of driving range (EPA-estimated),4 don't currently qualify for a Ford EV tax credit, but future iterations could become eligible if production and battery sourcing move to the U.S. The Escape PHEV falls into the same category, and unfortunately, 2025 may be the last model year for this luxe plug-in hybrid SUV.
Gas vs. Electric Car Savings: Are EV Tax Credits Worth It?
This entire page is dedicated to EV tax credit laws and eligibility, and while we've done our best to present current and upcoming information as clearly as possible, we know it's a lot to digest. Before you choose to commit to or walk away from EVs and sustainable driving, first take a closer look at how gas vs. electric car savings compare to see if EV credits are worth your while.
- On average, electric car maintenance costs are lower than those of gas-powered vehicles. Fewer electric parts means a lower chance of something breaking, plus EVs don't need to be checked as frequently because they don't use oil.
- Gas stations are plentiful across the nation, but Arizona's EV charging station infrastructure is expanding. Our state currently has more than 1,300 publicly accessible EV charging stations with over 3,900 ports.5
- If avoiding collisions is high on your priority list, EVs are among the safest. Electric cars are packed with cutting-edge technology, not just beneath their hoods but also in the form of advanced driver-assistance and autonomous safety systems.
Say Hello to EV Tax Credit Savings & More at Jones Ford Casa Grande
In addition to scouring recent laws for the most up-to-date EV tax credit information, our dealership also prides itself on offering some of the most competitive new Ford lease and finance specials in our area. Better yet, you can combine an EV tax credit with a dealership incentive! Hurry in before September 30, 2025, to claim your tax deduction on an F-150 Lightning, one of our favorite Ford electric vehicles.
Frequently Asked Questions
How do I know if a specific Ford EV qualifies?
Because EV tax credit laws are changing so rapidly, it's difficult to keep every Ford electric vehicle and its tax status updated on our website. You can, however, contact our Jones Ford Casa Grande team for the most current information about EV tax credit regulations and how the latest laws will affect the leasing or financing of our Ford electric vehicles.
Does the price of the vehicle affect eligibility?
Yes, under current laws that are in effect through September 30, 2025, an electric vehicle's MSRP does affect its federal EV tax credit eligibility. New electric trucks, vans, and SUVs must have MSRPs of $80,000 or less,3 new cars must have MSRPs of $55,000 or less,3 and pre-owned EVs must be priced at or below $25,000.3
Can I combine the EV tax credit with state or local incentives?
Yes, federal EV tax credit deductions are separate from and do not counteract state and local incentives, so any promotions we might offer at Jones Ford Casa Grande can be combined with all possible EV tax credits to maximize your savings. Call or stop by our dealership to discuss details! We frequently provide new and pre-owned vehicle specials for our customers.
1Please consult with your own tax or legal professional to determine eligibility, specific amount of incentives or rebates available. The amount of your tax savings will depend on your individual tax circumstances. The Inflation Reduction Act, effective as of August 16, 2022 and pending further IRS guidance, introduces additional requirements for federal tax credit eligibility. This information does not constitute tax or legal advice.
2Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors#:~:text=New%20deduction:%20Effective%20for%202025%20through%202028%2C%20individuals%20may%20deduct,Maximum%20annual%20deduction%20is%20$10%2C000.
3Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.kiplinger.com/taxes/ev-tax-credit#:~:text=The%20federal%20tax%20credit%20for,price%20caps%20remain%20in%20effect.
4EPA-estimated driving range based on full charge. Actual driving range varies with conditions such as external environment, vehicle use, vehicle maintenance, high-voltage battery age and state of health.
5Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://afdc.energy.gov/stations/states