Maryland EV Tax Credit
Maryland EV Tax Credit
Zero Emissions, Plenty of Perks
Deciding whether to make the switch to an electric or hybrid vehicle? There are some pretty nice incentives if you do! The Maryland EV tax credit extends several credits and rebates to those who drive Zero-Emission Vehicles (ZEVs). To learn more about the available EV tax credits in Maryland, keep reading and visit Prince Fredrick Ford to find a Built Ford Tough® EV or PHEV model today!
Electric Incentives
The Maryland EV tax credit is available to drivers who drive Battery Electric Vehicles (BEVs) and Plug-In Hybrid Electric Vehicles (PHEVs). As of July 1st, 2023, through June 30th, 2027, EV and hybrid drivers may be eligible to receive Maryland EV tax credit incentives for qualifying Zero Emission Vehicles. In addition to the perks you receive with the Maryland tax credit, there are some other advantages you can expect. Due to the electric motor, you get to surpass the state Emissions Inspection. You can also contact the Maryland Department of Transportation Motor Vehicle Administration to receive a permit to commute in the HOV lanes at any time.

What Is A Qualifying EV or PHEV?
There are certain factors that determine whether an electric or hybrid vehicle is eligible for the Maryland EV tax credit. The electric or hybrid plug-in vehicle must have the following specifications:
- EV or PHEV cannot be modified from the original manufacturer
- EV or PHEV cannot exceed the sales price limit of $50,000.00
- EV motor must draw electricity from a battery with a minimum capacity of 5 kilowatt-hours
- EV or PHEV must be purchased between July 1, 2023, and June 30, 2027
Leased EVs can also qualify for the Maryland EV Tax Credit if they adhere to the state qualifications. As for company owners, your business can qualify for up to ten EVs under the tax credit.
State & Federal Tax Credits
Here are some of the amounts for the Maryland EV tax credit and the Federal tax incentives:
|
Up to $7,500 for Federal Income Tax Credit |
Purchase of qualified EV or PHEV |
|
Up to $3,000 MD for Excise Tax Credit |
Purchase of qualified EV or PHEV |
|
Up to $700 for Electric Vehicle (EV) Charging Station Rebate Program |
Funds residential EV charging station equipment |
Electrify Your Drive
When you find your Built Ford Tough® EV or Hybrid model, our team will fill you in on the Maryland EV tax credit and incentives available. Head to Prince Frederick Ford to shop our available EVs and take advantage of these awesome incentives!
We strive to provide accurate information, but please verify options and price before purchasing. All vehicles are subject to prior sale and financing is subject to approved credit. New vehicles: All discounted internet prices exclude tax, tags, and a processing charge of $799 (not required by law). Internet Pricing may include current promotions, retail bonus cash, college grad rebate, military rebate, retail trade-in assist, conquest cash, or other manufacturer rebates at the time of pricing. Ford financing may be required on select models for a portion of the manufacturer rebates. You may not qualify for all incentives. Internet Sales Prices are subject to change as well as manufacturer rebates and incentives may vary based on your zip code. Additional manufacturer rebates and incentives may apply to those who qualify. Prices are valid based on current Ford Motor Company incentive program time periods, which vary by model. Advertised prices may not be compatible with "special factory financing". MSRP Is the Manufacturers Suggested Retail Price. Actual dealer pricing may vary. See dealer for details.
Images – Vehicle images shown may include stock photography and may not depict the actual vehicle available for sale. Colors, trims, features, and equipment shown in images may vary from the actual vehicle. Some vehicles may still be in transit to the dealership. Please contact us by phone or email prior to your visit to confirm current availability.
Availability – Inventory is updated regularly but may change without notice due to prior sales. Please check with the dealership directly to confirm the availability of a specific vehicle. Financing options are based on credit approval through third-party lenders. We do not provide direct financing but will support the customer in submitting required documentation to lenders upon request.
Disclaimer – We strive to ensure that all vehicle information is accurate and up to date. We encourage customers to contact the dealership to verify pricing, equipment, and any promotional incentives prior to purchase. Prices may be adjusted at any time to correct errors or account for changes. Information provided by manufacturers or third-party sources is believed to be reliable, but accuracy is not guaranteed. By using this website, you acknowledge and accept these terms. For complete details, please reach out to the dealership.
Credit Card Payments – Please note that our credit card processing partner applies a 3% convenience fee to all credit card transactions. This fee is assessed by the merchant services provider and applies only to credit card payments. Other payment methods are not subject to this fee.
More Info
| Monday | 9:00AM - 8:00PM |
| Tuesday | 9:00AM - 8:00PM |
| Wednesday | 9:00AM - 8:00PM |
| Thursday | 9:00AM - 8:00PM |
| Friday | 9:00AM - 8:00PM |
| Saturday | 9:00AM - 8:00PM |
| Sunday | Closed |
| Monday | 7:30AM - 6:00PM |
| Tuesday | 7:30AM - 6:00PM |
| Wednesday | 7:30AM - 6:00PM |
| Thursday | 7:30AM - 6:00PM |
| Friday | 7:30AM - 6:00PM |
| Saturday | 8:00AM - 2:00PM |
| Sunday | Closed |
| Monday | 7:30AM - 6:00PM |
| Tuesday | 7:30AM - 6:00PM |
| Wednesday | 7:30AM - 6:00PM |
| Thursday | 7:30AM - 6:00PM |
| Friday | 7:30AM - 6:00PM |
| Saturday | 8:00AM - 2:00PM |
| Sunday | Closed |
