Does the 2024 Honda Prologue Qualify for Tax Credit?
How does the EV tax credit work, and what are the Honda models that qualify for an EV tax credit? When you purchase a new electric vehicle in the United States, you may qualify for a federal EV tax credit of up to $7,500. Luckily, the Honda Prologue qualifies for the federal EV tax credit. That means it’s a great time for Redmond and Woodinville area drivers to make the switch! Learn more about the rules and regulations behind these incentives, and find out how to get behind the wheel of a new Honda at Honda of Kirkland!
How Does the EV Tax Credit Work?
How does the EV tax credit work for Seattle drivers? First, you’ll need to choose a vehicle that meets the criteria:
- Vehicle must be built by a qualified manufacturer and assembled in North America
- Vehicle must use a traction battery with at least 7 kilowatt-hours (kWh) of capacity
- Vehicle must use an external source of energy to recharge the battery
- Vehicle must have a gross vehicle weight rating (GVWR) of up to 14,000 pounds
- Vehicle must meet critical mineral and battery component requirements
- Vehicle must be primarily driven in the United States
Learn more at: fueleconomy.gov.
Honda Cars that Qualify for an EV Tax Credit
So, what are the Honda cars that qualify for an EV tax credit? The federal tax credit will apply to all 2024 Honda Prologues built after February 26, 2024. Whether you choose the single-motor EX or the dual-motor Elite, you could potentially save big on your next purchase! Visit fueleconomy.gov for more information!
Find Your Next Honda at Honda of Kirkland
If you have any questions about how the EV tax credit works, don’t hesitate to reach out to us at Honda of Kirkland. Our team is ready and waiting to help, and we’d be happy to schedule your test drive today! Contact us to get started.
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