FINAL DEADLINE: The $7,500 EV Tax Credit Ends Sept. 30, 2025. Act Now!
Important Update: The Clock is Ticking on Your $7,500 Credit
Due to recent federal legislation (the One Big Beautiful Bill Act), the federal EV tax credit is ending much sooner than expected.
The final deadline to purchase and take delivery of your qualifying GMC Sierra EV is September 30, 2025.
This means your window to secure this significant savings is now very limited. All eligibility requirements below still apply, but you must complete your purchase before the program expires this fall.
Sierra EV Tax Credit Highlights
Qualifies for Full $7,500
The Sierra EV meets all critical mineral and battery component requirements for the maximum credit at our Riverfront Park dealership.
Made in the USA
All Sierra EV models are assembled at Factory Zero in Detroit, Michigan.
Under $80K MSRP Limit
Qualifying Sierra EV configurations fall below the $80,000 price cap for trucks.
Limited Time Offer
The federal tax credit program is scheduled to end on September 30, 2025. You must take delivery by this date to qualify.
Do You Qualify for the EV Tax Credit?
Income Requirements
Your modified adjusted gross income must be below:
- $300,000 for married couples filing jointly
- $225,000 for heads of household
- $150,000 for single filers and other taxpayers
You can use your income from either the year you take delivery or the previous year, whichever is lower.
Vehicle Requirements
The GMC Sierra EV meets all federal requirements:
- Final assembly in North America (Detroit, MI)
- MSRP under $80,000 for qualifying configurations
- Battery capacity over 7 kWh (200+ kWh standard)
- Gross vehicle weight under 14,000 lbs
- Meets critical mineral and battery component requirements
Important Note:
Our GMC of Riverfront Park team will provide you with a time-of-sale report and register the sale with the IRS for you to claim the credit. Be sure to keep all documentation.
About the GMC Sierra EV
Electric Power Meets Truck Capability
The all-electric GMC Sierra EV combines zero-emissions driving with the capability truck owners expect:
- Estimated 400+ miles of range
- Up to 10,000 lbs towing capacity
- Instant electric torque for impressive acceleration
- Advanced MultiPro tailgate and storage solutions
- Ultium battery technology with fast charging
How to Claim Your Tax Credit
1. At Time of Purchase (Before Sept. 30, 2025!)
Our GMC of Riverfront Park team will provide a time-of-sale report confirming eligibility and register the sale with the IRS. Your purchase transaction must be finalized on or before September 30, 2025.
2. When Filing Taxes
File Form 8936 with your tax return for the year you took delivery. You'll need the vehicle's VIN.
3. Keep Records
Retain all purchase documents and the time-of-sale report for your records.
Pro Tip:
The credit is non-refundable, meaning it can reduce your tax liability to zero but won't result in a refund if your credit exceeds what you owe.
EV Tax Credit FAQ
Why is the EV Tax Credit Ending?
The federal EV tax credit was modified and extended by the Inflation Reduction Act (IRA). However, the recently passed One Big Beautiful Bill Act (OBBB) has accelerated the sunset of this program. The credit will no longer be available for vehicles purchased after September 30, 2025, making the next few months your last chance to take advantage of this substantial federal incentive on a new GMC Sierra EV.
What if I purchase after September 30, 2025?
Vehicles purchased after the deadline will not qualify for the federal tax credit, regardless of eligibility. This means you could miss out on up to $7,500 in savings if you delay your purchase.
Can I still claim the credit if I order before the deadline but take delivery after?
No. The purchase must be finalized and you must take physical delivery of the vehicle on or before September 30, 2025. Orders placed before the deadline but delivered after will not qualify.
Additional Resources (Pre-September 30, 2025 Deadline)
For more information about the clean vehicle tax credits before they expire:
Ready to Save on Your Sierra EV?
Our Riverfront Park EV specialists can help you find qualifying models and explain the tax credit process.