Get Your Full Tax Credits For The Bolt EV & Volt At Schumacher Chevrolet
There's still time to get federal and state tax credits when you purchase a new Bolt EV or Volt from Schumacher Chevrolet of Livingston. Both the Bolt EV and Volt are eligible for a federal tax credit until March 2020, and the Bolt EV qualifies for no sales tax or use tax in the state of New Jersey.
Federal Electric Vehicle Tax Credit
Electric vehicle and hybrid tax credits are fairly easy to understand at the federal level.
4/1/19 to 9/30/19 - $3,750
10/1/19 to 3/31/20 - $1,875

This is for the following vehicles:
2017-19 Chevrolet Bolt EV
2011-19 Chevrolet Volt

  • Must be a new vehicle
  • The vehicle is acquired for use or lease by the taxpayer, and not for resale.
  • The vehicle is used mostly in the United States.

How to Get Your Federal Tax Credit
  • Fill out Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit.
  • For vehicles acquired for personal use, report the credit from Form 8936 on the appropriate line of your Form 1040, U.S. Individual Income Tax Return.
  • For vehicles purchased in 2010 or later, this credit can be used toward the alternative minimum tax (AMT).
  • If the qualifying vehicle is purchased for business use, the credit for the business use of an electric vehicle is reported on Form 3800, General Business Credit.
No Sales Tax Or Use Tax On The Chevy Bolt
Per the State of New Jersey Department of the Treasury website:
  • "The New Jersey Sales and Use Tax Act provides a sales and use tax exemption for zero emission vehicles (ZEVs), which are vehicles certified pursuant to the California Air Resources Board zero emission standards for the model year.
  • The exemption is NOT applicable to partial zero emission vehicles, which includes hybrids such as the Toyota Prius and Honda Civic Hybrid. The exemption is also NOT applicable to labor or parts for qualified vehicles.
  • The definition of "sale" in the law includes rentals and leases. Thus, the exemption is applicable to the sale, rental or lease of a new or used zero emission motor vehicle on and after May 1, 2004."

How to Receive Your Sales Tax Exemption
For Your New Bolt:
When you're working with your salesperson or Finance Manager at Schumacher, remind them to complete an Exempt Use Certificate and cite N.J.S.A. 54:32B-8.55 as the statutory reference. You'll need to keep a copy of this paperwork along with your other vehicle paperwork.

For Your Used Bolt:
The same instructions as above apply. Your salesperson or Finance Manager will complete an Exempt Use Certificate. When you go to the Motor Vehicle Commission to register your vehicle, bring that certificate along, you'll need it to qualify as exempt from paying sales tax.
  1. Schumacher Chevrolet of Livingston

    LIVINGSTON, NJ 07039

    • Sales: (973) 577-7916
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Schumacher Chevrolet of Livingston

Directions LIVINGSTON, NJ 07039

  • Contact: (973) 577-7916


  • Monday 9:00 am - 7:30 pm
  • Tuesday 9:00 am - 7:30 pm
  • Wednesday 9:00 am - 7:30 pm
  • Thursday 9:00 am - 7:30 pm
  • Friday 9:00 am - 6:00 pm
  • Saturday 9:00 am - 5:00 pm
  • Sunday Closed

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