New Tax Credits & Savings for Ford Buyers
Are you planning to purchase a Ford vehicle assembled in the United States? This might be the right time for you to own a new car and save some money on your new ride.
New tax-related programs are now available for eligible Ford vehicle purchases and leases in 2025 and beyond. You could save up to $10,000 in interest and tax credits, as long as your purchase qualifies for the criteria below.
Auto Loan Interest Tax Deduction (2025–2028)
New vehicles purchased from 2025 through 2028 may be eligible for a deduction of up to $10,000 in auto loan interest. However, this tax deduction program is only offered to new vehicles assembled in the US.
There are several ways to know if your vehicle had its final assembly in the US:
- Check your Vehicle Identification Number (VIN). If it starts with 1, 4, or 5, your vehicle is assembled in the US. VINs are typically located on your car’s side door.
- You can also use the VIN Decoder of the National Highway Traffic Safety Administration (NHTSA).
Ford models that qualify for this program include:
The list above might get updated from time to time, though. Call our sales team at 833-583-3982 to discuss which models meet the eligibility requirements when shopping for a new Ford vehicle.
$7,500 Consumer EV Tax Credit (Expires 9/30)
You can save up to $7,500 on eligible electric vehicle purchases, including the Ford F-150 Lightning. You must act fast, though. This EV tax credit incentive expires on September 30, 2025.
To take advantage, your vehicle must be:
- Assembled in the US
- Priced under $80,000 MSRP
- And must meet component sourcing standards
These component sourcing standards could include critical minerals and battery components requirements. Typically, at least 60% of the critical minerals in the battery must be recycled or processed in the US or a country with a US free-trade agreement. The same goes for your battery components.
The Ford F-150 Lightning meets these standards, but you could ask our team if more models will be added to the list. This incentive can be applied as a discount at the time of sale, or you can claim it when you file your taxes.
Connect with our Finance team to discuss options.
Commercial Tax Credit for Businesses (Expires 9/30)
Businesses or fleet customers planning to lease new Ford electric commercial vehicles can qualify for tax incentives. Leasing companies like Ford Credit can pass the credit to you through lower monthly payments.
Take note that this offer also expires on September 30, 2025.
Here’s a list of Ford vehicles that are eligible for the commercial tax credit:
- Mustang Mach-E
- F-150 Lightning
- eTransit
This savings program encourages businesses to switch to a cost-effective fleet electrification.
What Should You Do Next
Act soon! The consumer and commercial tax credit programs only run through September 30, 2025. Speak with our sales team to schedule a test drive and learn which savings program works for you.
We also recommend consulting a licensed tax professional, as tax benefits can vary.
Visit Five Star Ford Stone Mountain For Potential Savings
Ford offers eligible vehicles for each tax-related savings program in this guide. Visit our website, connect with our team, or stop by the dealership to see which Ford models qualify for tax credits. These offers expire soon, so don’t miss your chance!
0 comment(s) so far on New Tax Credits & Savings for Ford Buyers