How Much Can You Save with the MA EV Rebate Through MOR-EV?
Switching to an electric vehicle (EV) in Massachusetts is not only eco-friendly but also a money-saving choice. Massachusetts offers rebates for electric vehicles through the MOR-EV program, designed to reduce the upfront cost of EVs. This electric vehicle rebate makes owning an EV more affordable than ever. With additional perks like discounts on home charger installations and potential tax credits, driving an EV in Massachusetts can be far cheaper than sticking with a gas-powered car.
So, how much can you save with the MOR-EV rebate in Massachusetts? The answer depends on factors like the type of EV you choose, whether you’re trading in an old gas vehicle, and your income level. Below, we break down the savings scenarios for EVs in Massachusetts with the MOR-EV program.
Standard MA EV Rebate for Most Electric Vehicles
When you purchase or lease a new battery electric vehicle (BEV) with a base price under $55,000 or a used BEV under $40,000, you could qualify for up to $3,500 through the MOR-EV rebate. This standard electric vehicle rebate applies to most eligible EVs in Massachusetts, making the switch to an EV both accessible and budget-friendly.
To simplify the process, Massachusetts allows you to apply for a MOR-EV voucher online before buying a used EV. This means the rebate is applied as an upfront discount, letting you enjoy instant savings at the point of purchase. Visit the MOR-EV website to learn more about securing your rebate.
Low-Income Rebate Bonus with MOR-EV+
Massachusetts offers an additional $1,500 MOR-EV+ rebate for qualifying low-income households, boosting your total savings to $5,000. This enhanced electric vehicle rebate ensures that more Massachusetts residents can afford an EV, regardless of income. Curious if you qualify for the MOR-EV+ rebate? Various programs can make you eligible to explore your options and maximize your EV rebate savings.
Trade-In Savings and Extra Incentives for EVs in Massachusetts
Trading in an old gas-powered vehicle? You could unlock even more savings with the MOR-EV program. If your gas vehicle is over 12 years old, Massachusetts offers an additional $1,000 trade-in bonus, stacking onto your standard rebate. Plus, depending on your location, local incentives may further enhance your savings on top of the MOR-EV rebate.
With the MOR-EV rebate, your total savings could reach $6,000 or more. These rebates, paired with reduced fuel and maintenance costs, make the initial investment in an electric vehicle far less daunting.
Why Choose an EV in Massachusetts?
With the MOR-EV program, driving an EV can save you money from day one. The rebate lowers the purchase price, while long-term savings on gas and upkeep keep your wallet happy. Whether you’re eyeing a new or used EV, the MOR-EV rebate makes the switch affordable and practical.
Ready to explore your electric vehicle rebate options? Visit the MOR-EV website for full details: Learn More
By leveraging the program, Massachusetts drivers can enjoy significant savings while embracing a cleaner, greener future. Start your EV journey today!
Looking to learn more about why you should go electric? Learn more with our guide.