Volvo EV Tax Credit In San Rafael, CA

Volvo Cars Marin: Your Source for Updated EV Tax Credit Info

Let's make the most of your available EV tax credit! Volvo Cars Marin in San Rafael, CA, has all the latest 2025 EV tax credit details, including how to claim $7,500 EV tax credit​ deductions and when federal EV tax credit laws are changing. Still have questions? Call or visit us near San Francisco, CA, for more information.

Understanding the $7,500 Federal EV Tax Credit

Not only is it exciting to lease or finance new Volvo electric vehicles, but they're also some of the most stylish and safety-forward models on the market. It's also nice to know that Volvo EVs can reduce your fuel budget, zero out your emissions, and earn you up to a $7,500 EV tax credit​. Here's a quick overview of current and upcoming federal EV tax credit laws.

Current Volvo EV Tax Credit Laws

From now through September 30, 2025, shoppers can claim up to $7,500 EV tax credit for the lease or purchase of new Volvo electric vehicles and up to $4,000 for used electric models.¹ However, these EV tax credit incentives will end on the last day of September; you must sign papers and take possession of your electric model before this deadline to qualify, and income and vehicle MSRP eligibility rules still apply.¹

New Volvo EV Tax Credit Legislation

Under the newly signed "One Big Beautiful Bill," the $7,500 EV tax credit will disappear after September 30, 2025. In its place, electric vehicle enthusiasts can finance a U.S.-assembled EV with a GVWR less than 14,000 pounds, then deduct annual interest paid on their vehicle loans up to $10,000.² After June 30, 2026, federal EV charger installation credits will also stop.²

How To Claim Your Volvo EV Tax Credit

You can claim your Volvo EV tax credit when you take possession of your vehicle between now and September 30, 2025, or apply your credit to next year's taxes when you file. If you take possession of your financed Volvo EV after the September 30 deadline, or if you just prefer to utilize the newly legislated annual deduction for a qualifying model, you'll file for your savings during tax season.

Is there a California EV Tax Credit​?

California does not currently offer a statewide EV-specific tax credit, but certain California utility companies may provide rebates for EV or home charger purchases. For example, you can earn up to $6,000 from Alameda Municipal Power for the purchase of a pre-owned EV priced below $40,000.³

Which Volvo EVs Qualify for Federal EV Tax Credit?

Under the tax law that's in effect through September 30, 2025, none of our gorgeous Volvo electric vehicles qualify for the federal EV tax credit, but only because current MSRP, assembly, and battery sourcing stipulations are so strict. However, under the new federal EV legislation, financed Volvo EX90 SUVs should be eligible for up to $10,000 in annual tax deductions. Contact Volvo Cars Marin near San Francisco, CA, for specifics about all federal Volvo EX90 offers.

Tour the Luxurious Volvo EX90 in San Rafael, CA

Three rows, six or seven passengers, and endless comfort come standard in the new Volvo EX90. This all-electric SUV is twin-motor propelled for up to 510 horsepower and towing up to 4,850 pounds when properly equipped. Inside the Volvo EX90 cabin, Scandinavian design gets a contemporary twist. Both rows are heated, and the Bose® premium sound system elevates every song, podcast, and phone call. Plus, Google services and wireless device charging come standard!

Not only should a financed Volvo EX90 be eligible for the new federal EV tax deduction worth up to $10,000,² but it's also likely included in our all-new Volvo specials. Our promotions rotate regularly, so click over to our specials page to see if the three-row Volvo EX90 trim you love most has an equally exciting incentive.

Maximize Your Volvo EV Tax Credit at Our San Rafael Dealership Today

Volvo Cars Marin is proud to be your local destination for federal EV tax credit information. Reach out or stop by today to learn how to finance your vehicle. We'll show you how adding a new Volvo EV to your life could lower your fuel spend, environmental impact, and taxes!

What Our Loyal Customers Say About Volvo Cars Marin

Martin Shell

07-08-2025

I have purchased a number of cars from dealerships across the U.S. ranging from the West Coast, to the Mid Atlantic and to the Southern heartland. My experience with Marin Volvo was extraordinary and best in class! They made this purchase truly a pleasure, not to mention the incredible product made by Volvo! Kudos and thanks to Thayer and Elyes! They were exemplary -- responsive, considerate, attentive and very client focused. This purchase actually was fun! A five-star shout-out to Thayer, Elyes and the entire Volvo Cars of Marin team!

Noah Mackenzie

07-25-2025

The folks at Volvo Cars Marin are courteous, professional, and friendly. No funny business, just selling high-quality vehicles. Thanks to Dara Sok for helping me find the perfect car for my needs, and special kudos to Dan for taking the time to show me how to operate all of the bells and whistles that come with these modern luxury vehicles!

Gary Beckman

04-08-2025

I strongly recommend Volvo Cars Marin. After visiting 4 local Volvo dealerships, my wife and I drove 50 miles in the rain to Volvo Cars Marin to get our new Volvo. They had a selection of cars that pleased my wife; the terms discussed on the phone were very competitive; and, the Sales Manager, Elyes Chebbi, was familiar to us, as he had been the Sales Manager at the local Volvo dealership when we purchased our prior Volvo. When we arrived at Volvo Cars Marin the sales staff was very patient and helpful, especially Mauricio Aviles, as my wife wanted to see a few different models. The final paperwork turned out to cost less than Elyes had initially described, and Mauricio was extremely patient and generous with his time helping us to program the Volvo software to connect our cellphones and to program all of our driving preferences. We intend to revisit Volvo Cars Marin when it's time for our next Volvo.

¹Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

²Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://www.irs.gov/newsroom/one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors#:~:text=new%20reporting%20requirements.-,%E2%80%9CNo%20Tax%20on%20Car%20Loan%20Interest%E2%80%9D,generally%20eligible%20for%20the%20deduction.

³Reference to this third-party review/claim is solely for informational purposes and not to be relied upon. For more details, please visit https://qmerit.com/location/california/