Thinking about a BMW electric vehicle? At our BMW dealership near Billerica, you can learn more about the EV tax credits and incentives that are available to you. BMW Certified Pre-Owned Medford is committed to assisting you in navigating federal and state incentives, ensuring you maximize these financial advantages.
Use our EV tax calculator below and discover how easy it is to save when you switch to an electric BMW.


How Much Can I Save on an EV?
Our vehicles nearby can offer substantial financial rewards beyond fuel savings when you buy electric. One of the best perks is the clean vehicle tax credit of up to $7,500 with the purchase of an eligible plug-in hybrid or electric vehicle.1 This federal tax credit is designed to make owning an EV more accessible and affordable. However, be mindful of the following MSRP limitations to qualify:
- MSRP can't exceed $80,000 for vans, SUVs and trucks
- MSRP can't exceed $55,000 for all other new vehicles
In addition to federal credits, Massachusetts residents can enjoy the MOR-EV Massachusetts state EV rebate, which can total up to $6,000.1 This rebate further reduces the upfront cost of investing in a clean vehicle. You have two convenient ways to receive this rebate:
- Option 1: Receive your rebate at our dealership when you purchase or lease.
- Option 2: Apply online for this rebate within 90 days post purchase or lease.
Are There Tax Rebates on Used Electric Vehicles?
Yes, used vehicles are eligible for EV tax rebates! These used EVs are eligible for a federal tax credit of up to $4,000 when fully qualified.1 This provides a financial incentive to consider a pre-owned EV, making it even more affordable to drive an eco-friendly vehicle.
Additionally, the MOR-EV rebate is also applicable to eligible used electric cars, expanding your savings potential even further. Whether you're buying new or pre-owned, these rebates can help you save when you're looking to buy an electric car, encouraging sustainable choices without compromising your budget.
How to Claim Electric Car Tax Incentives in MA
To learn more about potential electric car tax rebates in Massachusetts and how much you can save, call or click to talk with BMW Certified Pre-Owned Medford. Our team of experts is here to guide you through the process, from understanding eligibility requirements to claiming your tax credits and rebates.
We're here to help you browse available BMW EV tax incentives and make it easy to save. Stop by our nearby BMW dealer and we'll answer all your questions so that you can confidently upgrade to a Certified Pre-Owned EV. Get started with our EV tax calculator today!
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1 Information accurate at time of publication. See dealer for complete details.