Does the Honda Prologue Qualify for the Federal EV Credit?

There’s a long list of benefits of the Honda Prologue. In addition to being comfortable, stylish, and an absolute pleasure to drive, this electric SUV is eligible for federal and state tax credits! You can check one out today and learn more about the credits at Casey Honda.

Federal Tax Credit

For those falling within specific income thresholds, the Honda Prologue checks both boxes for the $7,500 tax credit: $3,750 for critical minerals, and $3,750 for battery components. Once you’ve purchased your Honda Prologue, you can either take the credit when you pay for your vehicle or file the credit claim along with your tax return.

State of Virginia Tax Credit

The State of Virginia also offers a tax credit. Under the Electric Vehicle Rebate Program, which began in 2022, Virginia residents who purchase an EV like the Honda Prologue may be eligible for a tax rebate of up to $2,500. This program is effective until January 1, 2027, so if you haven’t already purchased your Honda Prologue, it’s not too late. Visit us today for a test drive, and we’ll help you take advantage of the tax credit.

Additional Perks of Driving the Honda Prologue

Want to fall in love with driving? Check out the 2024 Honda Prologue. The spacious cabin with available leather-trimmed seats and available panoramic moonroof keep everyone comfortable while the available Dual Motor All-Wheel Drive provides a smooth ride. You can even enjoy your soundtrack through Apple CarPlay® or Android Auto™ while keeping your smartphone juiced with the wireless charger.

Test-Drive the Honda Prologue Near Williamsburg, VA

Are you ready to check out the Honda Prologue and reap the benefits of the EV tax credit? Visit our Newport News, VA, Honda dealership today. We’ll set you up for a test drive and tell you everything you need to know about the federal and state tax credits!

Remember, we’re car people, not accountants. Talk to your accountant or tax preparer about the tax implications of your purchase or lease.