From Colorado Springs to Castle Rock, more and more Centennial State drivers are making the switch to fully electric vehicles. Of course, it's not hard to see why EVs are so popular when you examine the benefits to having one on your side. And while the long-term savings and access to critically acclaimed nameplates like the new Volvo XC40 Pure Electric are reason enough to consider adding a new electric vehicle to your garage, we think that perhaps the best reason to do so for drivers from Monument, CO to Parker, CO is the array of attractive EV tax credits offered by the state of Colorado.
Now, if you're unfamiliar with the program, the Colorado Energy Office is issuing tax credits to drivers who purchase or lease a qualifying fully electric vehicle. These credits include up to $5,000 for the purchase or lease of an electric vehicle with an MSRP up to $80,000. In addition, starting on January 1st of 2024, Colorado drivers who purchase a qualifying electric vehicle with an MSRP of up to $35,000 will be eligible for an additional credit of up to $2,500.
Now, our new Volvo fully electric vehicles are already compelling value propositions, but with these attractive tax credits from the Colorado Energy Office, they're even more appealing for drivers who're looking to upgrade to an electric vehicle and secure a great deal.
So, if you'd like to learn more about the new Volvo fully electric vehicles that are eligible to take advantage of these credits, feel free to pay us a visit at Bob Penkhus Volvo Cars today.
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