ID.4 Qualifies for $7,500 Federal Tax Credit

June 27th, 2023 by

In the first quarter of 2023, the ID.4 was one of the best-selling electric cars in the U.S., with more sales than the Mustang Mach-E, Hyundai IONIQ5, Hyundai IONIQ, or Kia EV6. Because the ID.4 is built in Chattanooga, TN, has high U.S.-sourced content, and doesn’t have a luxury car price, it qualifies for the full $7,500 Federal Tax Credit. There hasn’t been a better time to come to Volkswagen of Duluth and see this car.

Specifically, the Federal Tax Credit means that all ID.4 models get a $7,500 discount courtesy of a government that wants to encourage electric car purchases both for environmental and energy security reasons. That effectively puts the starting ID.4 MSRP at a very accessible $31,495.

Furthermore, the $7,500 can be put down as an upfront payment on an ID.4 lease. Presently Volkswagen is offering a 3-month lease for an ID.4 Pro with the tax credit and $4,999 down at signing for $379 a month. Most of the ID.4s in the Volkswagen of Duluth inventory are AWD, so those will be a little more, but you get the idea.

The numbers are important, but consider the car to which they apply. The ID.4 is a stylish all-electric compact crossover – which is the most popular vehicle segment in the country. All ID.4s seat five comfortably, have plenty of room for cargo, and an interior straight out of tomorrow or maybe the day after. 

The EPA estimates its range to be 240 miles for AWD models and 275 with rear-wheel-drive. With an available Level 2 charger installed at home, you can wake up every day to a fully charged ID.4. For trips that exceed the range, you will also be entitled to three years of unlimited charging at Electrify America charging stations across the country. The ID.4’s Level 3 DC Fast Charging rate from 10% to 80% is about 30-36 minutes.

Even the base model is well equipped with features such as:

  • IQ.DRIVE (Advanced Drivers Assistance Technology)
  • Discover Pro Max: 12″ touchscreen navigation
  • 19″ machined alloy wheels 
  • LED headlights and taillights
  • Wireless charging & App-connect with wireless capabilities for compatible devices
  • Heated front seats 
  • Climatronic® dual-zone automatic climate control
  • Multi-color adjustable ambient lighting
  • Wireless smartphone integration
  • Wireless smartphone charging

Learn more about what ID.4 has to offer here. But consider one other thing: The ID.4 is the only EV that qualifies for the Federal Tax Credit built with Volkswagen craftsmanship.

At this writing, Volkswagen of Duluth has 15 ID.4s in stock to choose from and more on the way. If it looks like an electric vehicle can work for you, an ID.4 certainly can, so come by Volkswagen of Duluth and give one a test drive.