The state of Colorado has taken action to make electric vehicles a more affordable option. They have now increased the state’s EV tax credit from $2,000 to $5,000. This credit will apply to Kia electric cars for sale in Fort Collins, Colorado, making them an even more cost-effective option.
How Can I Take Advantage of the Colorado EV Tax Credit?
Qualifying for Colorado’s EV Tax Credit
Taxpayers only need to meet a few requirements to qualify for the increased $5,000 state tax credit. The first is that the electric vehicle must be purchased between July 1, 2023, and the end of 2024. On January 1, 2025, the EV tax credit in Colorado decreases to $3,500 and continues to decline until 2029.
In order for the vehicle to qualify, it needs to have a Manufacturer’s Suggested Retail Price (MSRP) below $80,000. It’s important to note that this tax credit is from the state. Accordingly, only people who pay taxes in the state of Colorado will be able to apply for this $5,000 credit.
Save With Kia’s Electrify America Pass Program
New Kia owners have another way to save money with the Electrify America Kia Charge Pass Program. New electric car owners can download an app to use the program for complimentary charging. This program allows drivers to use ultra-fast charging stations at 3,000 locations across the USA.
This program is available for new EV6 and Niro EV owners. The EV6 comes with complimentary 1,000-kilowatt hours of charging over a period of up to three years. This translates to approximately 3,000 to 3,500 miles of free driving. The Niro EV comes with 500-kilowatt hours of charging, amounting to approximately 1,950 miles of free driving.
Electric and Hybrid Options From Kia
Fortunately, Kia has some great options for drivers who want a new electric car, especially in the EV6 and Niro EV. The EV6 offers 310 miles of driving range on a charge, a 12.3-inch driver display, and a sporty design. The Niro EV drives 253 miles of electric range and has 20 advanced driver-assist technologies as a standard feature.
Drivers in Colorado have an exciting new savings opportunity with the $5,000 EV tax credit. If you’ve been thinking about getting a new electric vehicle, now is the time. Visit Ford Collins Kia now to see our wide selection of new vehicles.
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