Go electric and save on new and used electric vehicles (EVs) and plug-in electric vehicles (PHEVs) at Liberty Family of Dealerships! Our finance team will help you apply all eligible incentives and rebates to your purchase for instant savings on a new EV purchase.
The Federal Clean Vehicle Tax Credit saves on new EV purchases or leases by reducing the income tax burden by up to $7,500. To qualify, eligible vehicle purchases must meet certain manufacturing and battery criteria, and customers must file an income tax return to claim the credit. However, our electric and plug-in electric vehicles at Liberty Family of Dealerships qualify for $7,500 off new leases, which we pass on to customers by applying the credit over the leasing term and reducing the monthly payment for instant savings.
Charge Up New Jersey is a program designed to encourage electric vehicle adoption by providing incentives to make it affordable for more drivers to make the switch. The program is separate from the federal tax incentive and provides the following benefits:
New and used pure electric EVs at Liberty Family of Dealerships are eligible for instant savings through the Charge Up New Jersey program. Here are some of our eligible vehicles and rebate amounts:
New and used fully electric vehicles, also called battery electric vehicles (BEVs), are exempt from New Jersey sales tax through a provision in the New Jersey Sales and Use Tax Act. To apply the sales tax exemption on a BEV purchase, the customer must fill out an Exempt Use Certificate (Form ST-4). The current sales tax is 6.625% so the exemption can save you hundreds or thousands of dollars depending on the vehicle cost.
Questions about incentives, rebates, and other EV savings? Contact our team at Liberty Family of Dealerships for more information about how you can save by switching to an electric vehicle.
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815 Route 17 South
Ramsey, NJ 07446
55 Kinderkamack Rd
Emerson, NJ 07630
305 Route 17 North
Mahwah, NJ 07430
