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Maryland EV Tax Credit

Toyota Maryland EV Credit Beginning July 1, 2023, qualified EV and FCEV purchasers may apply for an excise tax credit of up to $3,000.

The Maryland Department of Transportation Motor Vehicle Administration (MVA) will accept excise tax credit applications for plug-in electric drive or fuel cell electric vehicles.

The vehicle must meet all the qualifications listed below to be eligible for a tax credit rebate:

  • A "plug-in electric drive vehicle" means a motor vehicle that:
    • The vehicle must be made by a manufacturer primarily for use on public streets, roads, and highways
    • The vehicle cannot be modified from the manufacturer's specifications
    • The vehicle must be a new vehicle and purchased/leased and titled for the first time on or after July 1, 2023, but before July 1, 2027
    • The vehicle must be acquired for use or lease by the taxpayer, and not for resale
    • The vehicle has a battery capacity of at least 5 kilowatt-hours, or if a motorcycle or auto cycle, has a battery capacity of at least 4.0 kilowatt-hours (applies only to plugin electric)
    • The vehicle has a base purchase price not exceeding $50,000*

*The vehicle base purchase price means the Standard Vehicle Price as printed on the Monroney sticker. This base purchase price does not include: shipping or freight charges; after manufacture items included with the vehicle at the time of purchase; extended warranties: state
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Toyota

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VIN: JTMABACA3RA066350
In Production
Ext.: Elemental Silver Metallic
Int.: Softex-Black

Features

  • Android Auto
  • Apple CarPlay
  • Heated Seats
  • Keyless Entry
  • Keyless Ignition System
  • Power Tailgate/Liftgate
  • $50,351 SmartPrice:

  • Total SRP 96 $52,274
  • Dealer Adjustment: -$1,923
  • Advertised Price102 $50,351

Vehicle is in build phase. Contact dealer to confirm availability.
Estimated availability 06/25/24
/static/brand-toyota/National_Assets/toyota-college-grad.jpeg?height=48
/static/brand-toyota/National_Assets/toyota-military-rebate.jpeg?height=48
VIN: JTMABACA1RA067707
In Production
Heavy Metal&Nbsp;With Black Roof
Int.: Softex-Lt. Gray

Features

  • Android Auto
  • Apple CarPlay
  • Heated Seats
  • Keyless Entry
  • Keyless Ignition System
  • Power Tailgate/Liftgate
  • $50,797 SmartPrice:

  • Total SRP 96 $52,774
  • Dealer Adjustment: -$1,977
  • Advertised Price102 $50,797

Vehicle is in build phase. Contact dealer to confirm availability.
Estimated availability 07/09/24
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/static/brand-toyota/National_Assets/toyota-military-rebate.jpeg?height=48

* All pricing includes discounts and incentives available to customers. All pricing excludes taxes, tags, title, and dealer processing charge of $500 (not required by law). Advertised pricing may not be compatible with manufacturer APR or finance offers. Lease selling price can vary based on lease programs available. Vehicle availability is subject to prior sale. We do our best to be accurate and complete, but please verify all information before purchase or lease of any vehicle. Please contact dealer to verify price, options, and other vehicle details. Toyota Motor Sales, U.S.A., Inc. (TMS) is pleased to provide dealers the opportunity to convey the above information. When reviewing a Toyota dealer’s inventory, please note that all information, including but not limited to pricing and vehicle status, is provided by and is the sole responsibility of that dealer. As such, TMS is relying on the dealer to ensure the continued accuracy of the information provided. Any questions or concerns should be addressed with the applicable dealer. TMS disclaims all liability for any inaccuracies.