Get $7,500 Off—But Only Until September
If you’ve been thinking about buying an EV, now’s the time to act. Thanks to the recently passed Republican-backed “Big Beautiful Bill,” the $7,500 federal EV tax credit is officially ending September 30—almost eight years ahead of schedule.
That gives buyers less than three months to claim one of the last major federal incentives for going electric. After that, the landscape changes—and not in your wallet’s favor.
What Qualifies—and What Doesn’t
Not every EV qualifies. As of now, only 20 models are eligible for the tax credit—and that’s only for purchases. Leasing is a completely different story: any EV can technically qualify under lease terms, due to the credit going to the leasing company.
To help simplify your options, InsideEVs selected their top 10 picks from the eligible models. These choices are based on thorough testing, real-world driving experience, and years of market analysis. In short, they’re the best of what’s still on the table.
Top Picks That Still Get You the Credit
Best Overall EV: 2025 Tesla Model Y
Price: $46,630 → $39,130 with credit
Range: Up to 357 miles
A refreshed ride, better build quality, and the best access to Superchargers.
Best Non-Tesla: 2025 Hyundai Ioniq 5
Price: $44,075
Range: Up to 318 miles
Unique style meets ultra-fast charging and new NACS compatibility.
Runner-Up SUV: Kia EV6
Price: $44,375
Range: Up to 319 miles
Sleek design and sharp driving dynamics with the same fast-charging platform.
Best Budget Pick: 2025 Chevy Equinox EV
Price: $34,995 → under $28,000 with credit
Range: Up to 319 miles
Top-tier value, strong specs, and already a best-seller.
Best Three-Row: 2026 Kia EV9
Price: $56,395
Range: Up to 304 miles
Spacious, quick to charge, and perfect for families going electric.
Final Thought
This may be your last shot to score a serious discount on a new EV. Don’t wait—this window closes September 30.
