Colorado is offering residents an extra $6,000 rebate for driving new electric vehicles through the Vehicle Exchange Colorado Program.
The Centennial State began accepting applications on Aug. 31 for EV rebates up to $6,000 for new vehicles and up to $4,000 for used one. To qualify for the program, drivers must turn in gas-guzzling cars that are either at least 12 years old or have failed emissions tests.
The best part is that these Colorado-exclusive rebates don’t cancel out or overlap with federal programs, which means that they can be stacked on top of a $7,500 credit from the Inflation Reduction Act for a total of $13,500 in savings on your EV.
