Honoring Our Heroes: A Special Veterans Day Offer from Chevrolet and Central Chevrolet

For many car buyers, the federal tax credit for electric vehicles (EVs) has been a significant incentive. However, with the credit's initial expiration date of September 30, 2025, looming, potential buyers may have felt a sense of urgency. The good news is that the IRS has clarified a crucial detail that effectively extends the window to claim the credit, even for those who take possession of their vehicle after the deadline. This guide will walk you through this important extension and what it means for you as a customer. Understanding the EV Tax Credit First, it’s important to understand the basics of the federal EV tax credit, officially known as the Clean Vehicle Credit under Internal Revenue Code Section 30D. This credit is a nonrefundable tax credit of up to $7,500 for the purchase of a new, qualified plug-in electric vehicle or fuel cell vehicle. It was established by the Inflation Reduction Act of 2022 to encourage the adoption of cleaner transportation. You can find detailed information on the official IRS website. To be eligible, a new vehicle must meet several criteria, including: A battery capacity of at least 7 kilowatt hours. A gross vehicle weight rating of less than 14,000 pounds. Final assembly in North America. An MSRP that does not exceed specific caps ($80,000 for vans, SUVs, and pickup trucks; $55,000 for other vehicles). The tax credit is available to individuals who buy the vehicle for their own use, not for resale, and use it primarily in the U.S. There are also Modified Adjusted Gross Income (AGI) limits for the buyer: $300,000 for married couples filing jointly, $225,000 for heads of households, and $150,000 for all other filers. The Crucial Loophole: Extending the Deadline The key piece of information that has extended the life of this credit is a loophole detailed by the IRS itself. While the initial deadline for placing a vehicle "in service" (taking possession of it) to claim the full credit was September 30, 2025, the IRS has confirmed that a buyer can still qualify if they have a written binding contract to purchase the vehicle and have made a nonrefundable payment or deposit on or before that date. This valuable extension provides a path to securing the credit even with potential delays in vehicle delivery, as noted in a recent Electrify News article. This means that if you secure a vehicle with a contract and deposit before the September 30 deadline, you can still claim the tax credit even if the vehicle is delivered to you later. This is particularly beneficial in a market where vehicle delivery can be delayed due to supply chain issues, allowing you to lock in the credit without worrying about the final delivery date. The credit is claimed on your tax return for the year in which the vehicle is officially placed "in service." Stay Informed and Act Fast This extension through a binding contract is a significant piece of information for anyone considering an EV purchase. It provides a valuable grace period and an opportunity to secure a tax benefit that may otherwise have been missed. By understanding the rules, AGI limits, and the specific requirements for both the buyer and the vehicle, you can confidently navigate your purchase and ensure you are positioned to claim this important credit. Always consult with a tax professional to discuss your specific situation and ensure you meet all the requirements.

WEST SPRINGFIELD, MA – Central Chevrolet today announced that it has been named a 2025 Top Dealer by CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles. The annual program, now in its 11th year, spotlights the top dealerships that consistently deliver exceptional customer service, value, and trust while embracing digital retail tools that enhance the shopper experience. Central Chevrolet earned honors as a Top Rated Dealer. “For over a decade, the CarGurus Top Dealer Awards have recognized dealerships that lead with a customer-first approach, leveraging data and market intelligence to build trust and confidence throughout the shopping journey,” said Sam Zales, CarGurus President and Chief Operating Officer. “We’re proud to showcase dealers, such as Central Chevrolet, who are meeting shoppers where they are and delivering standout experiences across the online to in-store experience. ”The 2025 Top Dealer Awards provide unbiased validation of a dealer’s commitment to customer service. Selections are informed by verified customer reviews and analysis of vehicle listings data in the CarGurus platform. CarGurus Top Dealer Award categories include: Top Rated Dealer recognizes dealers with a proven track record of customer satisfaction. Winning dealerships have maintained a minimum average rating of 4.5 out of 5, with at least five new reviews in 2024. Top Value Dealer honors dealerships offering consistently fair and competitive pricing. CarGurus awards the top 100 dealers with the highest percentage of 2024 inventory rated as a “Good” or “Great” deal, based on its trusted deal rating algorithm. Top Digital Dealer celebrates U.S. dealerships that prioritize a seamless and efficient digital retail experience, answering consumer demand to handle more steps online. This award spotlights the top 10 dealers with the highest share of 2024 inventory available for online transactions and robust consumer engagement across key actions like financing and deposits. “At Central Chevrolet, delivering outstanding customer service is at the core of everything we do, and we’re proud that this recognition from CarGurus reflects that mission,” said Joe Volk, Dealer Principal. “This award speaks to our team’s dedication to building trust and guiding our customers with care through every step. We sincerely thank our customers for their continued support.”

At Central Chevrolet, the safety of our team and our customers is always a top priority. That's why we're thrilled to take a moment to celebrate an individual who consistently goes above and beyond to champion a safe working environment: Mike Thomas, our well-deserving Safety Person of the Year! Mike Thomas w/ Joe Volk Mike Thomas w/ Sandy Mike Thomas w/ Edwina & Tom Mike's dedication to fostering a culture of safety here at Central Chevrolet is truly commendable. Whether it's meticulously ensuring all safety protocols are followed in the service bay, proactively identifying potential hazards in our customer areas, or simply reminding everyone about best practices, Mike's commitment is unwavering. "Safety isn't just a set of rules; it's a mindset," Mike often says, and his actions reflect this philosophy. He's not just about compliance; he's about creating an environment where everyone feels secure and can work with confidence. You might see him conducting regular walk-throughs, offering helpful tips on lifting techniques, or making sure all equipment is in perfect working order. His proactive approach helps prevent incidents before they even happen, making Central Chevrolet a safer place for all of us. Beyond the tangible actions, Mike's positive attitude towards safety is infectious. He's approachable, always willing to answer questions, and genuinely cares about the well-being of his colleagues. This makes it easy for everyone to embrace safety as a shared responsibility. We are incredibly fortunate to have Mike as part of the Central Chevrolet family. His diligence and passion for safety make a real difference every single day. So, please join us in congratulating Mike Thomas on this well-earned recognition as our Safety Person of the Year! Mike, thank you for your outstanding contributions to making Central Chevrolet a safer and better place to work and visit.