Is There a MAZDA CX-90 PHEV Tax Credit?

April 15th, 2024 by

There are many advantages to driving a plug-in hybrid electric vehicle (PHEV). You lower your carbon footprint, drive a great looking and great performing car or SUV, and you might even qualify for benefits like a Mazda CX-90 PHEV tax credit. Here’s what you need to know about this tax credit when you purchase a vehicle from El Dorado Mazda.

What Is a MAZDA CX-90 PHEV Tax Credit?

People who have purchased a PHEV in the last year may be entitled to a federal tax credit of up to $7,500 for new vehicles and up to $4,000 for pre-owned ones. Several factors affect the vehicle’s eligibility and credit amount, including:

  • Where the vehicle was assembled
  • Where the battery components originated from
  • How much you paid for the vehicle
  • The vehicle’s GVWR (Gross Vehicle Weight Rating)
  • Your household’s annual income

Because Mazda vehicles are primarily manufactured outside of the US, your eco-friendly Mazda purchase may not qualify. However, you may be able to take advantage of local or state tax perks when buying a Mazda CX-90 PHEV. The dealers at El Dorado Mazda are your go-to experts on Mazda CX-90 PHEV tax benefits, and we’re happy to answer any questions you might have.

Additional Benefits of Purchasing the 2024 MAZDA CX-90 PHEV

In addition to the potential Mazda CX-90 PHEV tax credit, this SUV has plenty of additional benefits. Features like the e-SKYACTIV®-PHEV 2.5-liter engine, 69 kW electric motor, and standard i-ACTIV AWD® provide a powerful yet smooth ride.

Plus, the spacious, luxurious interior will spoil you and everyone else you bring along for the trip. Since this SUV can seat up to eight people, you can invite your friends, family, and anyone else you can think of.

Experience the MAZDA CX-90 PHEV in McKinney, TX

You deserve to drive an outstanding SUV like the Mazda CX-90. Come by our McKinney, TX Mazda dealership today. We’ll set you up for a test drive and answer all of your questions on this model’s tax benefits!

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