- WE WANT YOUR VEHICLE
- Start here!
Switch to Electric & Save
While the environmental benefits of EVs are indisputable, concerns about cost often linger. Here at Front Royal Buick GMC, we understand that EV affordability is a key factor in the decision to buy an electric or hybrid car. The good news is that thanks to advancements in technology and increasing government incentives, electric vehicles are becoming more accessible than ever before. Curious to learn more about EV affordability? Keep reading and head to Front Royal Buick GMC to claim all of these electric savings!
EV Costs & Savings
The most significant cost savings with EVs come from eliminating gas station visits. With EV affordability on your side, you’ll know exactly how much it costs to “fill up” your car because you’ll be charging it at home, at your convenience. This predictability can be a major advantage for budgeting, especially as gas prices continue to fluctuate. The savings extend far beyond just the pump, however. EVs have fewer moving parts, which translates to less wear and tear. For instance, an electric motor has just one moving part compared to the hundreds found in a traditional gasoline engine. This translates to fewer potential points of failure and a reduced need for repairs. Another key factor is regenerative braking. This innovative technology utilizes the electric motor of the car to slow the vehicle down, capturing the kinetic energy that would normally be lost as heat and converting it back into electricity to recharge the battery. Regenerative braking not only helps extend the driving range of your EV but also reduces wear and tear on the traditional friction brakes. This translates to significant savings on routine maintenance over the life of your vehicle and overall EV affordability. You can expect to spend less on brake pads, rotors, and other components that typically wear out in gasoline-powered cars. Many locations in the US also offer incentives for EV ownership, such as free or discounted public charging and even high occupancy vehicle lane access. These kinds of perks can further enhance the overall cost savings and convenience of owning an electric vehicle.
Plug into Savings: Buick & GMC EV Tax Credit
Did you know that switching to an electric vehicle can come with a significant financial boost from the US government? That’s right, the federal government offers a generous tax credit to incentivize the purchase of new, qualifying EVs. This credit, currently valued at up to $7,500, can be deducted directly from your federal tax liability, effectively reducing the upfront cost of your new electric car. However, it’s important to understand that not all EVs qualify for the full amount. The exact credit amount depends on the battery capacity, MSRP, and material sources of the specific model you choose. But fear not! Our team of experts at Front Royal Buick GMC is here to help you navigate the details. We can quickly determine if the GMC or Buick EV you’re interested in qualifies for the tax credit and explain the specifics. We’re also happy to assist you in understanding the application process, ensuring you maximize this valuable incentive. This tax credit can be a game-changer, significantly reducing the price difference between an electric vehicle and a traditional gasoline-powered car. Let’s not forget about the VA EV Tax Credit, either! Virginia offers a great incentive, a rebate of $2,500, to residents who purchase qualifying electric cars from participating dealerships. Qualifying residents may also be eligible for an additional $2,000 on top of the base rebate. Be sure to check the program details for any additional requirements for this extra perk and speak with our team to help you unlock the power of EV affordability.
Your Electric Journey Starts Here
With a growing selection of exciting models from both GMC and Buick, we’re confident we can help you make the switch to EV affordability. Our experienced sales staff can answer all your questions about EVs, including charging infrastructure, range estimates, and available incentives. The future of transportation is electric, and Front Royal Buick GMC is here to guide you on your journey. Visit us today!
Connect with us
