Electric Motorcycle owners just got an early Christmas gift. New purchases of electric motorcycles are now eligible for a Federal Tax Credit. Best of all this is retroactive for purchases made in 2018 and 2019!
According to Zero Motorcycles …
We at Zero Motorcycles have long been at the forefront of advocacy for tax incentives for electric motorcycles. Now, with the help from some of Santa’s little helpers, we were part of a coalition that got a massive EV tax incentive included in the new spending bill just signed into law.
Starting today, new Zero motorcycles are eligible for a 10% tax credit, up to $2,500. This tax credit is retroactive and also applies to new electric motorcycles purchased in 2018 and 2019, which means recent Zero owners may be eligible for a surprise tax benefit from Uncle Sam!* For complete details, contact your local Zero Motorcycles Dealer today.
We hope this message reaches you at a good time to help cut down some of the stress of the season. Also, from everyone at Zero, we wish you and your families a safe and happy holiday season.
Previously only electric motorcycles purchased in the 2017 calendar year were eligible for a Federal Tax Credit. Along with the Federal Tax Credit’s some states have rebates or reduced registration for electric motorcycles, although schemes have either run out of funding or are awaiting funding.