Will I Be Able to Get the $7,500 Federal Tax Credit if I Purchase a 2021 VW ID.4?
As the first mass-market all-electric SUV in America, the 2021 Volkswagen ID.4 is kind of a big deal. In a market previously dominated by Tesla and hybrids, Volkswagen has taken the most popular automotive segment and made a stylish, capable, and practical vehicle to fill that hole. Considering that the 2021 VW ID.4 First Edition sold out within eight hours, it’s safe to say that they succeeded. But one thing that hybrids have had going for them in the past is a federal tax credit. How about the ID.4?
Is the 2021 VW ID.4 eligible for the $7,500 federal tax credit?
How Much Does the 2021 Volkswagen ID.4 Cost?
The 2021 Volkswagen ID.4 is eligible for the $7,500 federal tax credit. The MSRP for 2021 VW ID.4 Pro is $39,995, bought down to $32,495. It can be leased for as low as $379 per month for 36 months for well qualified buyers. Currently, the 2021 VW ID.4 Pro is the only variant of the vehicle that’s available for reservation. Another ID.4 model with AWD is expected to hit the US market sometime in the 2021 calendar year.
How Much Does It Cost to Charge an ID.4?
At home, given national electricity averages, it would cost around $10 to fill your ID.4 from empty to full. However, Volkswagen has partnered with Electrify America to make sure your ID.4 always has the juice it needs when you’re out and about. Included in your 2021 VW ID.4 purchase is three years of unlimited free charging at any Electrify America charging station. For more details on home charging prices and Electrify America, check out our in-depth blog on the subject.
Interested in a VW ID.4?
If you’d like to learn more about the 2021 ID.4, give Capistrano Volkswagen a call. We’ll gladly answer any questions you may have. To reserve your 2021 ID.4, click the link above.