Feb 29, 2024
EV Affordability

Plug into EV Savings

The electric vehicle age is here, and excitement for these sustainable, tech-packed rides is reaching a fever pitch. But let’s be honest, amidst all the buzz, EV affordability remains a question mark for many. Can an EV truly fit into your budget? At Preston Hyundai, we say absolutely! Gone are the days of EVs being an exclusive luxury. Brands like Hyundai are committed to promoting electric mobility, offering a diverse range of electrified models that are budget-conscious and deliver on style, performance, and practicality. Buckle up as we break down the hidden EV costs savings, and incentives hidden within the world of electric vehicles, proving that going green doesn’t have to break the bank. Follow along to learn more about EV affordability and shop our top Hyundai EVs at Preston Hyundai!

Preston for Life

Switch & Save

First things first, let’s talk about the most obvious perk of EV affordability: saying farewell to the gas station. Filling your tank with skyrocketing fuel prices can feel like a constant tug-of-war on your wallet. With an EV, that stress simply vanishes. Instead, you charge at home overnight, taking advantage of off-peak electricity rates, or utilize the growing network of public charging stations. Think about it: trading volatile gas prices for predictable, often lower-cost electricity can translate to significant savings year after year. But EV affordability goes beyond just avoiding the pump. EVs require significantly less maintenance compared to their gasoline counterparts. Say goodbye to oil changes, spark plugs, and other routine tune-ups that eat into your budget. Additionally, regenerative braking systems in EVs help extend brake life, reducing maintenance costs. These cumulative savings add up quickly, making EV affordability a smart long-term financial decision.

EV Costs Savings

EV Tax Credit

While federal EV tax credits have undergone recent changes, there are still significant incentives available to make your dream EV even more affordable. Depending on your income and the specific Hyundai model you choose, you may be eligible for a generous tax credit that directly reduces your purchase price. At Preston Hyundai, our dedicated team can help you navigate the ever-evolving landscape of EV affordability and incentives and ensure you reap all the financial benefits available. For local customers, the Maryland EV tax credit could earn you a $3,000 credit. First-time purchases and titling must occur between July 1, 2023, and June 30, 2027 and the vehicle amount can not surpass $50,000. Additionally, no modifications are allowed from the original manufacturer’s specifications, and the incentive is limited to one vehicle per individual and ten per commercial business entity. To learn more about the distinct qualifications and which models are eligible for the Hyundai EV tax credit, speak with our team today. Don’t miss out on this chance to make your EV dream a reality with the help of this excise tax credit. Remember, timing is crucial, so visit us soon to explore your options and unlock the exciting world of EV affordability!

Hyundai EV Tax Credit

Now’s the Time

The future is electric, and it’s more accessible than ever! Here at Preston Hyundai, we understand that every budget and lifestyle is unique. That’s why we offer a diverse selection of Hyundai EVs, from the sporty Hyundai KONA Electric to the innovative Hyundai IONIQ 5, to the futuristic Hyundai IONIQ 6, each offering ideal EV affordability. Our knowledgeable sales team will walk you through your options, highlighting the latest features, performance specs, and, most importantly, ensuring you find the perfect EV that fits your budget and driving style. Ready to join the EV revolution and experience the thrill of sustainable, affordable driving? Visit Preston Hyundai today and let our team guide you towards your dream electric vehicle. The future is electric, and it’s more accessible than ever!

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