Take Advantage of the Colorado State EV Tax Credit at BMW of Denver Downtown

While federal EV tax credits have already ended, the Colorado state tax credit provides an instant rebate of $4,100 for any new EV or plug-in hybrid with an MSRP of $81,000 or less through the end of 2025. If you missed out on federal EV rebates but still want to take advantage of tax savings on a new BMW EV in Colorado, state incentives give you a few mor months to keep that extra money in your pocket.

Which BMW EVs Qualify for Colorado EV Tax Credits in 2025?

At BMW of Denver Downtown, we have several exciting electrified models that qualify for the $4,100 state tax credit. The luxurious and spacious X5 xDrive45e plug-in hybrid qualifies, and offers an electric-only range of up to 30 miles. Even better, it can achieve over 400 miles total before needing to refuel or recharge.

Meanwhile, a pair of BMW EVs still qualify for Colorado tax credits. Both the BMW i4 sedan BMW iX electric SUV offer models that fall under the $81,000 threshold. In this case, the BMW i4 eDrive40 and iX xDrive50 offer an engaging electric driving experience while falling within the tax credit window. For its part, the BMW i4 is a sleek and sporty four-door gran coupe with an EPA-estimated range of up to 301 miles, and the same nimble handling that has made BMW unique as a luxury automaker. On the other hand, the futuristic iX SUV offers a spacious, lounge-like interior and two electric motors producing 516 horsepower.

Visit BMW of Denver Downtown to Enjoy EV Tax Credits Through the End of 2025

If you're a Denver area resident, we invite you to visit BMW of Denver Downtown today to learn more about the Colorado state EV tax credit and find the perfect electric or plug-in hybrid BMW for your lifestyle. Our team can even help with the paperwork, so you can take full advantage of these EV tax credits while they're still here. We look forward to putting you behind the wheel of an electrified Ultimate Driving Machine.