Maryland EV Incentives and Benefits
MARYLAND EV INCENTIVES & BENEFITS
Does Maryland have an EV credit? Yes, for those who want to venture into the electrified domain of electric vehicles in Silver Spring, MD, you can enjoy benefits like Maryland Excise Tax Credit. There are also other perks to EV cars that can be rewarding such as High Occupancy Vehicle (HOV) lane access and driving an eco-friendly vehicle with the capability to produce zero emissions. Are you wondering what other benefits you get when you buy an electric car in Maryland? Some other top EV advantages include fuel savings and saving money on maintenance costs.
Learn more about Maryland EV tax credits, HOV Permit Issuance, and other electric vehicle perks like those you can enjoy when buying a Toyota bZ4X, here in this guide! See why owning an electric car or SUV is the right choice for you.
Buy a New Toyota EV – Meet the Toyota bZ4X in Silver Spring, MD
At our EV car dealership, we have a big inventory of new Toyota bZ4X models for sale, where you can shop for your favorite trim, including the Toyota bZ4X XLE and Toyota bZ4X Limited. Crafted on the e-TNGA Platform and offering All-Wheel Drive with X-MODE, you can expect a bold and confident drive with your Toyota electric vehicle. You also get the efficiency you crave with an EV with an up to 252 miles EPA-estimated driving range available and regenerative braking that comes with Boost Mode. Get to know the Toyota bZ4X features and specs by checking out our model research page.
Understanding the MD Excise Tax Credit & HOV Lane Access
What is Maryland Excise Tax Credit? When you delve into the realm of EVs, comprehending the Maryland Excise Tax Credit is paramount, with this Maryland EV incentive offering a credit of up to $3,000 for the purchase or lease of a new fuel cell EV or zero-emission plug-in electric vehicle. However, specifics may vary over time, so staying abreast of qualifying criteria for Maryland Excise Tax Credit is essential. Check out more details about this one-time credit that’s effective from July 1, 2023 through June 30, 2027 by clicking here.
What is HOV Permit Issuance? HOV Permit Issuance in Maryland allows you to complete a HOV permit application for a qualifying plug-in hybrid or electric car so that you can use HOV lanes throughout Maryland. The HOV permit is valid from June 12, 2023, through September 30, 2025. HOV lanes help to ensure a smoother commute, and for EV enthusiasts, understanding how to obtain an HOV permit is key to a hassle-free journey. Learn more here.
Shop the Large Toyota Electric Vehicle Inventory at DARCARS Toyota of Silver Spring
If you’re ready to dive into EV ownership and relish the benefits of purchasing or leasing an electric car in Maryland, our Toyota dealership is your source to find a vast inventory of Toyota electric models. From the Excise Tax Credit to HOV lane access, you can embrace the electrifying future of mobility while enjoying the advantages it offers with a new EV like the Toyota bZ4X.
Find out further details about benefits and incentives for electric vehicles in Maryland at DARCARS Toyota of Silver Spring. We look forward to beginning your Toyota EV lease or financing soon!
Get to Know Toyota EVs at DARCARS Toyota of Silver Spring
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Want to discuss options for buying or leasing a new Toyota EV? Ask the finance team!