Act Now to Secure the Federal EV Tax Credit in Vermont
Vermont drivers can save up to $7,500 with the federal electric vehicle (EV) tax credit — but the program ends on September 30, 2025. If you’re considering a new Hyundai, now is the time to act.
- Deadline: Take delivery before September 30 to qualify
- Eligible Models: IONIQ 5, IONIQ 6, IONIQ 9 (eligibility subject to change)
- Vermont incentives: May stack with Green Mountain Power or Drive Electric VT rebates
Why Shop Hyundai EVs at Burlington Hyundai?
We’re your local source for expert EV guidance and tax credit eligibility. At Burlington Hyundai, we help you:
- Choose models that meet federal and state requirements
- Coordinate delivery before the credit expires
- Understand how the credit applies to your 2025 tax return
- Take advantage of local Vermont utility and rebate programs
EV Tax Credit FAQs for Vermont Shoppers
When does the federal EV tax credit expire?
The current $7,500 EV tax credit expires on September 30, 2025. You must take delivery by that date to qualify.
Which Hyundai EVs qualify?
Eligible models may include the IONIQ 5, IONIQ 6, Kona Electric, and Santa Fe Plug-In Hybrid, depending on federal guidelines.
Can I combine Vermont incentives with the federal credit?
Yes! Vermont residents may also qualify for additional rebates through Drive Electric Vermont and electric utility providers like Green Mountain Power.
Is the tax credit applied at the time of sale?
In some cases, yes — starting in 2024, the IRS allows point-of-sale transfers for dealers who are registered. Ask us if this option is currently available at Burlington Hyundai.
What do I need to do to qualify?
You must purchase and take delivery of an eligible Hyundai EV by September 30, 2025, and meet IRS income and filing requirements. We’ll help you navigate the details.
