2025 Honda Prologue Deals, Incentives & Rebates

Under the Inflation Reduction Act of 2022, the Internal Revenue Service (IRS) offers taxpayers a Clean Vehicle Tax Credit of $3,750 or $7,500 depending on model eligibility for the purchase of a new plug-in electric vehicle. Beginning January 1, 2024, Clean Vehicle Tax Credits may be initiated and approved at the point of sale at participating dealerships registered with the IRS. Dealers will be responsible for submitting Clean Vehicle Tax Credit information to the IRS. Buyers are advised to obtain a copy of an IRS "time of sale" report, confirming it was submitted successfully by the dealer. To be eligible:

• A vehicle must have undergone final assembly in North America (the United States and Puerto Rico, Canada, or Mexico).
• Critical mineral and battery component requirements determine credit amount.
• Maximum MSRP of $55,000 for cars and $80,000 for SUVs/trucks/vans.
• Income eligibility applies depending on modified adjusted gross income (AGI) and tax filing status.

To learn more, visit https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

Launched by the New York State Energy Research and Development Authority (NYSERDA), the Charge NY Drive Clean Rebate Program offers a point-of-sale rebate of $500 towards the purchase or lease of a qualifying new electric car at authorized participating new car dealerships. To qualify:

• Rebate amount is determined by the Base MSRP of the vehicle which exceeds $42,000.
• Must be a New York resident.
• Vehicle must be purchased or leased from an authorized participating New York dealership.
• Vehicle must be registered with the New York State DMV.
• Must retain ownership for a minimum of 36 months from the date of purchase or must have a lease term of at least 36 months.

To learn more, visit https://www.nyserda.ny.gov/All-Programs/Drive-Clean-Rebate-For-Electric-Cars-Program/Eligible-Models