Advanced ➔ Results You’re running out of time to buy an EV before Trump’s big bill kills the $7,500 tax credit on electric vehiclesHere’s how to try landing a bargain at this pointLast d: July 5, 2025 at 12:00 p.
ETFirst Published: July 3, 2025 at 5:57 p. ETResizeListen(5 min)For consumers who are already considering an EV, ”it would be a time to get a really good deal,” one expert said.
Photo: MarketWatch photo illustration/iStockphotoThere’s a hard stop coming soon on a lucrative tax credit for electric-vehicle buyers, now that the Republican megabill has won congressional apval and was signed by President Donald Trump.
The $7,500 tax credit that car shoppers can use for new EV purchases is set to expire at the end of September, according to the tax and spending bill that Trump signed into law Friday.
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