How EV Tax Credits Work in Illinois

Are you thinking about buying a new electric vehicle (EV) in the Greater Chicago, IL area? We know that there are a lot of folks who are thinking about making the jump into this technology because they see how many of the top automakers in the world are beefing up their EV lineups. The truth is that there has never been a better time to buy an EV. There are many incentives that make purchasing one of these vehicles quite beneficial.

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Schaumburg Kia, located at 1100 East Golf Road in Schaumburg, IL, is here to tell you all about the incentives available to car shoppers in Illinois and how they can take advantage of them when they come to shop with our team.

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Get Tax Credits on New and Pre-Owned EVs When You Shop at Schaumburg Kia

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If you are thinking about buying or leasing a new Kia EV, you are in luck because you may qualify for some tax credits through the state of Illinois. The state of Illinois is offering tax credits of up to $4,000 when you purchase a qualifying new EV. This program is running through June 2026. These rebates are processed in cycles, so you need to make sure that you are purchasing your EV during an active cycle period.

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The same $4,000 rebate is also available on qualifying pre-owned EVs. While there are no incentives for the installation of home charging equipment, some utilities may offer discounts for charging your EV during non-peak hours.

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Another benefit of buying an EV is that they are exempt from the state’s emissions inspection requirements. Also, Illinois car shoppers may qualify for the federal tax credit of up to $7,500 when they buy a qualifying EV.

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Why Should I Shop for My EV at Schaumburg Kia?

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When you are in the market for a new EV, you may be wondering where you should start shopping. We believe that you should start by checking out our new Kia EV inventory. Our team has many of the most popular Kia EVs in stock, like the Kia EV6.

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Our sales consultants are very knowledgeable about EVs and the Kia lineup, so you can get all of your questions answered without having to worry about undue pressure or games. Contact the sales team at Schaumburg Kia, or visit our dealership, so you can test drive a new Kia EV today.

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