Are you a luxury car driver in Santa Monica who loves cutting-edge technology and eco-friendly vehicles? If so, then you're in luck! Not only have hybrids and EVs come a long way, but the new models are also more advanced and stylish than ever. From sleek and sporty coupes to spacious and elegant SUVs, a hybrid or electric vehicle is perfect for your lifestyle around Culver City. They offer impressive performance and style, but they also come with significant tax credits that can save you thousands of dollars.
Tax Credits for New and Used Audi Hybrid and Electric Vehicles
Tax credits for hybrid and electric vehicles incentivize drivers to switch to more eco-friendly and fuel-efficient vehicles. To qualify for the federal tax credit, the vehicle must meet certain criteria, such as battery capacity and emission standards. The amount of the federal tax credit you receive will vary depending on the vehicle's battery capacity and the year it was first sold.
The credit can be claimed on your federal income tax return and may lower your tax liability by several thousand dollars, depending on the Audi vehicle you purchase. For example, select new Audi Q5 TFSI e Quattro PHEV models are eligible for significant federal tax credits up to $7,500.
The tax credit amount varies for used hybrid or electric vehicles depending on their age and mileage, but buyers could still be eligible for a tax credit of up to $4,000. These tax credits can help offset the higher upfront cost of hybrid and electric vehicles and make the Audi Q5 TFSI e Quattro PHEV a more attractive option for luxury car buyers looking to save money without sacrificing quality.
Other Benefits of Buying a Hybrid or Electric Vehicle
Besides the federal tax credit, there are numerous other perks to buying an electrified new Audi vehicle.
Environmental
Plug-In Hybrid (PHEV) and pure-electric vehicles produce fewer or no carbon emissions and other pollutants than traditional gasoline-powered vehicles. They also help reduce dependence on fossil fuels and decrease air pollution.
Lower Ownership Costs
Hybrid and EV models have lower operating costs than traditional gas-powered vehicles, primarily because they use less or no fuel. You'll get a generous all-electric range and a higher fuel economy rating with a PHEV. Pure electric models get power from electric motors and don't require any fuel, and the cost to recharge the battery is a fraction of what it costs to fill a fuel tank. Hybrid models don't require scheduled maintenance nearly as often, and electric vehicles only need the most basic service, thanks to having no engine or motor oil.
Quiet Operation
Electrified vehicles are famous for their quiet operation because they use electric motors instead of combustion engines. The lack of engine noise provides a more peaceful driving experience and reduces noise pollution in urban areas. EVs also deliver instant torque higher than most gas-powered vehicles leaving others in the dust.
To learn more about how to custom order a new Audi or used hybrid model for sale in the Los Angeles area and claim your federal tax credit, contact or visit us at our sales lot near Westwood. Our sales team can answer your questions and help you find the right model that matches your needs. They'll also help schedule your test drive in the Audi vehicle you love through Brentwood, CA.
