A $7,500 Federal Tax Credit Comes To The 2024 Volkswagen ID.4

April 15th, 2024 by

2024 Volkswagen ID.4

Exciting news has come to the Volkswagen ID.4 model because it is eligible for a full $7,500 federal tax credit in 2024. This is great news because, back in 2023, the Volkswagen ID.4 was no longer on the approved list, but thankfully that has now changed. Qualifications are based on the current battery supply, so now, the ID.4 has appeared back on the list. The Volkswagen ID.4 is a very reasonably priced all-electric vehicle with a starting cost of $38,995 (plus destination fee). It’s cool to note that Volkswagen is the only foreign automaker that offers a battery electric vehicle that is eligible for the full Federal Tax credit.

2024 Volkswagen ID.4

Major updates come to the 2024 Volkswagen ID.4 interior, including more power and a better infotainment setup. The power increases are due to new motors from the ID.7 model; the most significant difference is the rear-wheel drive for the ID.4 car models. To prove this, the horsepower goes from 201 to 282, and the all-wheel-drive goes from 295 to 330 horsepower. 

As for the infotainment, the upgrades also come from the ID.7 and improve the ID.4 immensely. It’s better customizable, the climate menu is easier to use, and the screen is now 12.9 inches with lit-up slider touch buttons. The new and improved Volkswagen ID.4 will be hitting dealerships soon and will be eligible for full federal tax credits, which is a significant plus for car buyers. 

Previous Model

There is a new Volkswagen manufacturing facility in Chattanooga, TN, home to the 2023 VW ID.4. The new ID.4 is an electric vehicle with many updated features. However, the design still sticks to loyal VW customers. Just because the ID.4 is an EV doesn’t mean it takes away from the original gas-powered VW look and feel. Any driver will notice the changes but will still know it’s keeping to the original roots of any Volkswagen vehicle. 

New features for the ID.4 include a standard 12-inch infotainment screen, intelligent park assist, USB-C charging, new wheel designs, and more. Plug and Charge charging is available at Electrify America stations. For the interior of the car, there are leather seats and door paneling with a high-quality instrument cluster. There are also buttons on the steering wheel, CarPlay, and Android Auto. The ID.4 seats up to five passengers comfortably and has good storage space. Higher trim models offer heated and cooled seats and a seat massage feature. 

The vehicle’s exterior stays the same as last year’s model, plus a few added features, like, park assist and Memory park functions. The most affordable car is the 62kWh entry-level ID.4, and the price starts at $37,495 (plus destination fee) and offers 209 miles of range and 201 horsepower. Another model is the ID.4 Pro which is a RWD that has an 82 kWh battery that has up to 275 miles of range for a cost of $42,495 (plus destination fee) and has a 201 horsepower motor. Lastly, the ID.4 AWD Pro has 295 horsepower with 255 miles of range for $46,295 (plus destination fee). It’s nice to know that any customer who wants to transition to an electric vehicle can do so by still staying loyal to the Volkswagen brand. 

Get Those Orders In

It’s very exciting news that the all-new Volkswagen ID.4 EV will qualify for the $7,500 Federal Tax Credit, this is even more of a reason to get your orders in for this new car. Come on down to Nye Automotive Group to check out the previous ID.4 models today! 

Photo Credit: Volkswagen
Posted in Volkswagen