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Looking to make the switch to an electric vehicle (EV) or plug-in hybrid (PHEV) and save some money in the process? If you live in the Santa Clara area, you're in luck, as there are numerous incentives available at the state and local level to help offset the cost of purchasing a BMW EV or PHEV. Stevens Creek BMW – the #1 BMW EV dealer in the world – is here to walk you through the incentives.
EV Incentives Rank High on the List of Reasons to Plug In
Among the many BMW EV benefits, state and local incentives rank near the top. Incentives allow you to save on one of these new BMW electric models for sale in San Jose along Stevens Creek Blvd.
Save Money on New BMW Models with EV & Hybrid Incentives in San Jose
Clean Vehicle Rebate Project
At the state level, the Clean Vehicle Rebate Project (CVRP) offers rebates of up to $7,000 for the purchase or lease of eligible new EVs and PHEVs. Most of the BMW electric and plug-in hybrid lineup qualifies. The sporty BMW i4 Gran Coupe, luxurious i7 sedan, sophisticated i5 sedan, spacious iX SUV, and popular plug-in hybrids like the X5 PHEV, 5 Series PHEV, and 7 Series PHEV may be eligible for incentives. With multiple incentives available, savings can really add up when you buy or lease a new EV from Stevens Creek BMW in Santa Clara.
San Jose Clean Energy EV Rebate Program and the Silicon Valley Power's Drive Electric Rebate
Electric utility company rebates provide another opportunity to save on EVs. South Bay residents can get an $800 point-of-sale rebate through the San Jose Clean Energy (SJCE) EV Rebate program when purchasing or leasing an eligible EV or PHEV. Santa Clara residents have access to Silicon Valley Power's Drive Electric rebate of up to $5,000 as well. Be sure to also check with PG&E about additional rebates through the Clean Fuel program.
Save Money Charging Your BMW EV or BMW PHEV
But the savings don't stop there. Charging your BMW EV or PHEV at home on an EV rate plan can significantly cut your monthly fuel costs compared to gas and reduce your environmental impact in the process.
Additional EV Benefits
Most EVs also have lower maintenance costs over time. Plus, BMW electric cars and SUVs are incredibly fun to drive down El Camino Real through Sunnyvale. You'll appreciate the instant torque and quiet, smooth ride, courtesy of no electric motors. Stop by Stevens Creek BMW to experience the thrill of electric for yourself!
Plug In with Northern California's Ultimate BMW Dealer
When you're ready to plug in and start saving, Northern California's Ultimate BMW Dealer is here to help. Visit Stevens Creek BMW between the San Thomas and Lawrence Expressways to shop our selection of new BMW EVs and PHEVs eligible for these generous incentives. Are you wondering which new BMW EV models for sale in San Jose are eligible for incentives? Contact us with a call or click. Our knowledgeable team can walk you through the rebate and tax credit process to ensure you get the maximum savings on your new electric BMW.