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Colorado EV Tax Credit Increase

Nissan-Ariya
Drivers have been saving a lot of money on gas and maintenance costs by choosing electric cars. Starting in July 2023, legislation was passed to increase the tax credit for Colorado residents purchasing EVs. This represented a huge discount on Nissan electric cars for sale in Fort Collins, Colorado, where EVs are already competitively priced.

Driving an Electric Vehicle Just Became Affordable

Qualifying for the Colorado EV Tax Credit

At the start of 2025, the credit is $3,500 until 2026, then $1,500 until 2027, and $500 until 2029. This is a state tax credit, so only taxpayers in the state of Colorado can apply for the credit. The time to buy is now.The tax credit only applies to vehicles with a Manufacturer’s Suggested Retail Price (MSRP) under $80,000. Vehicles priced over that amount will not be eligible for the state tax credit. Other than that, the state has made qualifying for this remarkable incentive fairly easy.

What Has Changed Since July of 2023?

The EV tax credit peaked right before January of 2025 and now it stands to gradually decline over the course of the next few years. The Nissan Leaf S trim level Colorado tax incentive goes from $8,100 to $6,600 starting in January 2025. All other Nissan Leaf trim levels go from $5,600 to $4,100. For Nissan EV buyers, now is the time to take advantage of these incentives before they start to gradually decline into 2029. 

Two Excellent Nissan EVs in 2023

Nissan has two outstanding options for electric vehicles in 2023. The first is the Leaf, a model that’s been popular among electric car enthusiasts since 2010. The 2023 Leaf achieves an impressive 212 miles of electric driving range. It has a spacious interior and advanced technology for the modern driver. The 2023 Ariya is a whole new model for Nissan. This SUV has a breakthrough design, advanced driver-assist features, and an elevated interior. This vehicle can go from 0 to 60 in only 4.8 seconds. It can travel for up to 304 miles on a full charge. 

Save With Complimentary Charging on New EV Nissans

There’s more than one way to save with an electric Nissan right now. In addition to the tax credit from the state, drivers can save with complimentary EV charging from Nissan. Qualifying new Leaf and Ariya buyers receive one year of unlimited complimentary charging at EVgo stations. It’s a great time to move forward with your plans to buy an electric car. Our team at Fort Collins Nissan is ready to answer all of your EV questions. Visit Fort Collins Nissan today to see our selection of new vehicles.
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