Will the Acura ZDX Qualify for a Tax Credit?

The 2024 Acura ZDX is an all-electric, high-performance SUV that puts thrilling, eco-friendly power and next-level luxury at your fingertips. But does the 2024 Acura ZDX qualify for a tax credit? It does, and there are a few different options available! On top of these perks, our new vehicle specials may help you save even more on your next Acura ZDX. To help you better understand the tax incentives on offer, Acura of Johnston answers in more detail below the all-important question: Will the Acura ZDX qualify for a tax credit?

Does the 2024 Acura ZDX Qualify for a Tax Credit?

So, does the 2024 Acura ZDX qualify for a tax credit? At the federal level, it is eligible for two different credits, depending on whether you buy or lease your Acura ZDX. To ensure you find the right EV for your Waterloo and Cedar Rapids drives as well as your budget, here’s a brief overview of each of these incentives:

• Federal Tax Credit on Purchased Vehicles – You might be eligible for a discount of as much as $7,500 when you buy a new, qualified plug-in EV. This discount is applied directly at the dealership upon purchase.
• Federal Tax Credit on Leased Vehicles – You may qualify for a $7,500 maximum credit if you lease a new, qualified plug-in electric vehicle. This credit is passed to the customer by the dealer, so it is not applied directly at the dealership but figured into the lease price.

You must meet certain adjusted gross income requirements to qualify for one of the above credits. According to the latest IRS rules, individuals and households who do not exceed these income levels are eligible:

• $300,000 for married couples filing jointly or a surviving spouse
• $225,000 for heads of households
• $150,000 for all other filers

Will the Acura ZDX Qualify for Tax Credits Other Than These?

Now, you may be wondering, Will the Acura ZDX qualify for tax credits besides the ones outlined above? Yes! Certain buyers might qualify for the Federal Alternative Fuel Infrastructure Tax Credit. With this credit, buyers in low-income communities and rural areas who purchase qualified residential fueling equipment can enjoy a tax credit of up to $1,000.

Your energy provider may give you discounts too. For instance, Alliant Energy and MidAmerican Energy both offer reduced rates when you utilize electricity during specific off-peak hours, which means more budget-friendly charging. Franklin Rural Electric Coop extends a rebate of 50% off—up to $500—on the purchase of Level 2 charging equipment, excluding the cost of installation.

Test-Drive the Acura ZDX Near Des Moines Today

Ready to experience the state-of-the-art, ultra-luxe Acura ZDX for yourself? Visit us in Johnston for a test drive today. You can also apply for financing now to save time at the dealership, and you are always free to contact us for more information about the Acura ZDX or its tax benefits. Between eliminating gas costs, fewer maintenance needs, and tax perks like those covered here, the Acura ZDX delivers luxury at a price you can afford!