

Lexus EV Tax Calculator
Are you curious about the potential tax savings on your next electric vehicle? At Herb Chambers Lexus of Hingham, we offer an easy-to-use EV tax calculator to help you estimate your savings. Whether you're considering a Lexus RZ or another model, our tool provides accurate and up-to-date information on federal and state incentives.
Use our EV tax calculator to see how much you can save, and don't hesitate to visit our Lexus dealership near Norwell to get behind the wheel for yourself. Our team looks forward to working with you!

How Much Can I Save on a New EV?
Our new electric vehicles nearby offer substantial financial rewards beyond fuel savings. One of the best perks is the clean vehicle tax credit of up to $7,500 with the purchase of an eligible plug-in hybrid or electric vehicle.1 This federal tax credit is designed to make owning an EV more accessible and affordable. However, be mindful of the following MSRP limitations to qualify:
- MSRP can't exceed $80,000 for vans, SUVs and trucks
- MSRP can't exceed $55,000 for all other new vehicles
In addition to federal credits, Massachusetts residents can enjoy the MOR-EV Massachusetts state EV rebate, which can total up to $6,000.1 This rebate further reduces the upfront cost of investing in a clean vehicle. You have two convenient ways to receive this rebate:
- Option 1: Receive your rebate at our dealership when you purchase or lease.
- Option 2: Apply online for this rebate within 90 days post purchase or lease.
Are There Tax Rebates on Used Electric Vehicles?
Yes! Even when you buy a pre-owned electric car, you can still enjoy tax rebates. These used EVs are eligible for a federal tax credit of up to $4,000 when fully qualified.1 This provides a financial incentive to consider a pre-owned EV, making it even more affordable to drive an eco-friendly vehicle.
Additionally, the MOR-EV rebate is also applicable to eligible used electric cars, expanding your savings potential even further. Whether you're buying new or pre-owned, these rebates can help you save when you're looking to buy an electric car, encouraging sustainable choices without compromising your budget.
How to Claim Electric Car Tax Incentives in MA
To learn more about potential electric car tax rebates in Massachusetts and how much you can save, call or click to talk with Herb Chambers Lexus of Hingham. Our team of experts is here to guide you through the process, from understanding eligibility requirements to claiming your tax credits and rebates.
Ready to take the next step? Use our EV tax calculator to see how much you can save on your new Lexus EV. For personalized assistance and to explore our inventory, visit Herb Chambers Lexus of Hingham near Norwell. Our team is here to help you make an informed decision and get the most out of your investment.
Learn More: Understanding EVs & Hybrids | Lexus Lease Return Center
1 Information accurate at time of publication. See dealer for complete details.