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Here at Baytown Hyundai, we’re proud to offer a full lineup of hybrid and electric vehicles, including the fully-electric Hyundai IONIQ 5 SUV and hybrid variants of our crowd-favorite Hyundai Tucson and Hyundai Sonata models. There are plenty of benefits to driving an EV or hybrid, from their environmental efficiency to their quiet ride and agile handling. But there are monetary benefits as well! Driving a hybrid in the Houston area qualifies you for a state tax credit, while driving an EV qualifies you for a federal tax credit as well. The team at Baytown Hyundai has everything you need to know about the Texas hybrid tax credit and electric car incentives in the guide below.
Does Texas give a tax credit for hybrid cars? The answer is yes! If you drive a hybrid or a number of other eligible vehicles, you’re qualified for the Texas hybrid tax credit, which can be up to $2,500. The incentive is part of the Texas Emissions Reduction Plan, a plan designed to improve the environment by rewarding drivers who own fuel-efficient vehicles. You can find the application instructions in this document.
You can also qualify for the Texas hybrid tax credit if your car is powered by one of the following:
If you’ve eliminated gasoline entirely from your Pasadena commute and drive a fully-electric car like the Hyundai IONIQ 5, you can take advantage of two electric car tax rebate programs:
If you have any questions about the Texas hybrid car tax incentive program, or want to learn more about our lineup of hybrid and EV Hyundai vehicles, visit our research hub or connect with us today! You can also contact us or stop by our dealership to take an available model out for a test drive around Beaumont if you want to see how a Hyundai hybrid or EV handles on the road.
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