Does Hyundai Qualify for an EV Tax Credit?

2023 IONIQ6 driving through downtown area
 

Save money on gasoline on every drive in Lincoln and lower your maintenance costs in Crete when you purchase an electric vehicle. Many automakers have increased production of these vehicles in recent years. Even better, you could save money on your investment in a new or used EV near Omaha by seeing if Hyundai does qualify for an EV tax credit. Our guide from Sid Dillon Hyundai explains more about the new and used EV tax credit.

 

Does Hyundai Qualify for an EV Tax Credit for New Vehicles?

No, unfortunately, Hyundai does not qualify for an EV tax credit on new vehicles. But, the automaker has lowered its prices on electric vehicles to make them more competitive in pricing with gasoline-powered vehicles. 

See the inventory of these three EVs on our lot:

Read more about Hyundai electric vehicles with our research guide. Also, there is another way to save money on a Hyundai EV even if you can’t get a new or used EV tax credit. Our dealership’s new vehicle specials and used vehicle specials might help you lower your final price for a vehicle for your family in Seward. 

Does Hyundai Qualify for an EV Tax Credit for Used Vehicles?

You might be able to claim a used EV tax credit for your purchase, but you have to check with the dealership. You might save up to 30% of the sale price, or a maximum of $4,000, for used EVs. 

Check with Sid Dillon Hyundai to see if you could get a used EV tax credit on these vehicles, some of which are plug-in hybrids (PHEVs):

  • 2022 Hyundai IONIQ 5
  • 2017-2021 Hyundai IONIQ
  • 2018-2022 IONIQ PHEV
  • 2019-2022 Kona EV
  • 2022 Santa Fe PHEV
  • 2016-2019 Sonata PHEV
  • 2022 Tucson PHEV

Test-Drive a New or Used Hyundai EV for Sale in Lincoln

Ready to see one of these electric vehicles for sale at Sid Dillon Hyundai? Contact us or call (402) 413-0606 to schedule a test drive with our team. Talk to our finance team about any incentives or deals, and then apply for financing to move forward with a purchase. 

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8350 South 40th Street, Lincoln, NE, 68516
Sid Dillon Hyundai 40.727113, -96.661585.