Expiring Soon: EV Tax Credits for EVs near O’Fallon, MO
The federal EV tax credit of up to $7,500, long a cornerstone incentive for electric-vehicle buyers, is slated to expire on September 30, 2025, following legislation enacted earlier this year. However, there has recently been new guidance clarifying that a vehicle is considered “acquired” as long as a binding written contract with at least a nominal down payment is in place by that deadline; even if final delivery comes later. This means buyers who commit now can still reap the full tax benefit, despite potential shipping delays, a critical detail for planning purchase timelines. Have you considered an EV truck like the Sierra EV or Hummer EV? Now may be your chance to score an affordable price at O’Fallon Buick GMC near Troy, St. Louis and Wentzville.
At our dealership, we have an extensive inventory of GMC Sierra EV and Hummer EV trucks, all ready for immediate reservation. Customers can secure their order with a binding contract and down payment before September 30, ensuring eligibility for the full $7,500 credit, even if their vehicle is delivered in October. With this flexibility now confirmed by the IRS, buying from our in-stock EV trucks represents the most strategic and cost-effective opportunity to take advantage of one of the industry’s most substantial federal savings before it's gone.
That said, both the Sierra EV and Hummer EV are well-positioned to qualify for the full tax credit, assembled in North America, priced under the $80,000 cap for trucks, and meeting required battery and mineral sourcing standards [subject to eligibility rules]. Buyers who act quickly can pair that benefit with our dealership’s pricing promotions and delivery readiness to secure "the most affordable pricing in the area." It's a compelling package: significant federal savings, ample inventory, and expert service, all aligned to help buyers confidently transition to electric before the incentive ends. Visit us at O’Fallon Buick GMC today!