Electric vehicle sales slowed after key federal incentives expired last year. In response, automakers are now offering substantial cash rebates to reduce excess inventory, with some deals surpassing $10,000.
The 2025 Polestar 3 leads with a potential combined incentive of up to $22,250. These savings add to the long-term cost benefits of driving an EV compared to a gasoline-powered car.
Many models also come with low-interest financing and subsidized leases. Dealers may have additional unadvertised "secret rebates," making negotiation crucial.
Offers can vary by region and are often limited to in-stock vehicles. The list includes 11 models with five-figure rebates and a second tier with $7,000-$8,000 discounts.