Must Read: EV Tax Credit Changes at Arnie Bauer Chevrolet!
Many Illinois drivers are already hearing that federal EV tax credits will soon disappear. The current expiration date for EV tax credits is scheduled for September 30th, 2025, meaning your window to secure these federal savings is quickly narrowing.1
If you want to take advantage of these major incentives, visit Arnie Bauer Chevrolet. Our team can guide you through every available government program while these credits are still in place. Whether you are seeking a new Chevy EV Joliet or looking to finance a electric vehicle, right now is your best opportunity to upgrade and save.
EV Tax Credits Expire September 30th, 2025
The September 30th, 2025, expiration of the federal EV tax credit is approaching fast, making now the time to secure your savings. After this date, this incentive will no longer be available, which could lead to increased costs for Wilmington EV buyers looking to buy a new electric Chevy.1
At Arnie Bauer Chevrolet, we're staying on top of evolving legislation so you can make confident choices. These vanishing tax benefits mean it's smart to shop now, so visit us today. We will get you the savings you deserve!
New Deductions for Car Loan Interest Coming Soon
While the end of federal EV tax credits is on the horizon, new auto loan tax deduction rules may offer fresh savings to qualifying Joliet Chevy fans. Soon, you could be eligible to deduct up to $10,000 of interest paid on new car loans -- helping offset some of your new vehicle's cost if you meet regulations.1
To qualify, you must:1
- Have a modified adjusted gross income below $100,000 (single filers) or $200,000 (joint filers).
- Buy a new vehicle that weighs under 14,000 pounds.
- Select a car assembled in the United States.
Want more details about how these rules could affect you? Speak with our expert team. We're committed to keeping you informed as you shop.
More Resources from GM: Chevy Drives America
Shop New Chevy EVs Near Joliet
With the end of EV tax credits approaching, there's no better time for drivers to explore the new electric Chevy lineup. We carry the latest Chevy EVs eligible for federal incentives, so you can compare Equinox EV vs. Blazer EV trims pricing and more. From the most affordable Chevy EV to the most luxurious electric truck, we'll help you find the perfect fit.
Test-drive a Silverado EV, discover Equinox EV offers and get clear answers to all your EV tax questions with our helpful staff. Whether you're a local Wilmington Chevy fan or shopping from elsewhere, we're ready to help you choose electric vs. gas.
Claim Your EV Tax Credit in Illinois Today!
As the federal credit deadline approaches, shoppers must act fast. Missing the September 30th cutoff could cost you thousands in potential savings. Don't wait -- contact Arnie Bauer Chevrolet in Wilmington to schedule your EV test-drive and secure your federal tax incentives while they're still available!
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1Information accurate at time of publication. Terms and conditions apply. Not everyone will qualify. This is not tax advice. See dealer for details.