EV Affordability: Savings, Costs, & Incentives

April 18, 2024 · 4 min read

Q: "Is there a federal EV tax credit?"

A: The federal EV tax credit expired on September 30th, 2025.

Revving Up Savings: Why Electric Vehicles Are More Affordable Than You Think

The electric vehicle revolution is upon us, and with it comes a common misconception: EVs are only for the luxury market. Here at Aschenbach Chevrolet GMC, we want to set the record straight about EV affordability. Going electric can be a surprisingly affordable choice for drivers of all budgets. Not only are EVs kinder to the environment, but they also offer substantial long-term cost savings that traditional gasoline-powered vehicles simply can't compete with. Let's enter the world of EV affordability and explore the many ways you can win big by going electric with Aschenbach Chevrolet GMC!

EV Costs & Savings: A Green Light for Your Wallet

Sure, the initial purchase price of an EV might seem higher compared to a gas-powered car. But when you factor in the ongoing expenses of ownership, the picture starts to look a lot greener for your wallet. Here's the lowdown on EV affordability and how going electric can help you save big in the long run.

Reduced Fuel Costs: Trading gas stations for charging stations means significant savings on fuel. Electricity is generally much cheaper and more stable in price than gasoline, especially with fluctuating gas prices an ongoing concern. Plus, with home charging options, you can "fill up" overnight at a fraction of the cost you'd pay at the pump.

Lower Maintenance Costs: Electric vehicles boast a simpler design with fewer moving parts compared to gasoline engines. This translates to less wear and tear, resulting in significantly lower maintenance costs. Say goodbye to frequent oil changes, spark plug replacements, and exhaust system repairs. Your EV will likely require less complex service visits, saving you time and money.

Regenerative Braking: Many EVs feature regenerative braking technology that captures energy during deceleration and puts it back into the battery, extending your driving range and reducing energy consumption.

Federal and State Incentives Put You in the Driver's Seat

Government incentives at both the federal and state levels are actively supporting the transition to electric vehicles. Here are some key programs that can significantly reduce the upfront cost of your new EV.

Federal EV Tax Credit: The government offers a tax credit of up to $7,500 for purchasing a qualifying electric vehicle. This hefty credit can be applied directly at purchase, making your electric dream car even more attainable.

VA EV Tax Credit: The state of Virginia offers a program that can put money back in your pocket when you buy a new or used electric vehicle. It allows for rebates of up to $2,500 on new and used EVs. Additionally, qualifying residents with lower incomes may be eligible for an extra $2,000 incentive. To stay updated on the program's status and learn more, visit the Virginia Department of Energy's Sustainable Transportation website.

Talk about a head start on saving money! Be sure to consult with our knowledgeable sales team at Aschenbach Chevrolet GMC to determine which EVs qualify for these credits and how they can be applied to your purchase.

Go Green at Aschenbach Chevrolet GMC

The electric vehicle landscape is rapidly evolving, and affordability is no longer a barrier to entry. With the combination of long-term savings on fuel and maintenance, along with generous government incentives, EVs are becoming an increasingly attractive and budget-friendly option for all drivers. Here at Aschenbach Chevrolet GMC, we're passionate about helping you discover the many benefits of electric vehicles. Our wide selection of new and pre-owned EVs from Chevrolet and GMC caters to various driving needs and budgets. We'll also guide you through all the available Chevy and GMC EV tax credit programs to ensure you get the most out of your EV purchase. Visit Aschenbach Chevrolet GMC today and take a test drive in the electric future. You might be surprised at EV affordability and how exciting going electric can be!

SHOP NOW

Posted in:

Dec 20, 2024 in Wytheville Chevrolet Dealer

What Is The RST Package On A Chevy Silverado?

Exploring the RST Package The Chevrolet Silverado 1500 has long been one of America’s favorite trucks, known for its rugged durability, advanced technology, and dynamic performance. Among its lineup of trims, the Chevy Silverado 1500’s RST package stands out for drivers seeking a sportier, street-inspired look paired with impressive features under the hood. At Aschenbach Chevrolet GMC, we know drivers want a truck that does it all while looking good doing it. Whether you’re shopping for your next work truck or an everyday driver with sporty flair, the RST is built to handle it all. Visit us today in Wytheville, VA! A Bold, Street-Inspired Exterior of the High Country The Chevy Silverado 1500 RST package is designed with an urban, sporty aesthetic that turns heads on any road. From the moment you lay your eyes on it, the RST trim stands apart with its body-color center grille bar, bumpers, and door handles, creating a seamless and sleek appearance. The inclusion of 18-in. bright silver-painted aluminum wheels adds an extra layer of style, enhancing the truck’s athletic and polished look. The RST trim stands out in the competitive landscape of full-size trucks with its unique design elements. Drivers looking to elevate their exterior style can also upgrade to available 20-in. high gloss black wheels, taking the sporty design to the next level. These Chevy Silverado 1500 RST wheels combine striking aesthetics with the rugged durability and performance that the Chevy Silverado 1500 is known for. They are an ideal choice for navigating both urban environments and off-road terrains, offering versatility for any adventure. Further enhancing its street-inspired design is the addition of black bow ties on the grill and tailgate. This small detail reinforces the RST trim’s commitment to a bold, modern aesthetic while remaining unmistakably Chevy. Whether you’re pulling up to a work site or cruising through town, the Chevy Silverado 1500 RST package offers a clean and eye-catching design for drivers who depend on a truck that combines function with style. Powerful Performance With The TurboMax™ Engine Under the hood, the Chevy Silverado 1500 RST’s engine delivers exceptional performance and power. Equipped with the TurboMax™ engine, this 2.7L turbocharged powerhouse produces 310 horsepower and 430 lb.-ft. of torque. This combination of horsepower and torque makes the RST trim ideal for towing, hauling, or simply taking on tough tasks confidently. The engine is complemented by an 8-speed automatic transmission that delivers seamless acceleration and agile handling. This system includes overdrive capabilities and an advanced Tow/Haul mode, which fine-tunes shift points to maximize power and efficiency when towing heavy loads. This is further complimented by the StabiliTrak electronic stability control, which ensures maximum control by addressing braking and engine torque when it detects wheel slip, helping you stay confident in all driving conditions. The RST trim also boasts an impressive max towing capacity, making it ideal for heavy-duty tasks. For drivers tackling steep inclines or declines, the Chevy Silverado 1500 RST package includes powertrain-grade braking and cruise-grade braking. These advanced systems work to reduce brake wear and improve vehicle control by using the engine’s compression to help slow the truck during a descent. Whether you’re towing a trailer or navigating mountainous terrain, these features provide peace of mind and superior performance. From heavy towing to off-road adventures, the RST trim combines performance, safety, and efficiencies seamlessly. Comfort Meets Functionality Inside the cabin, the Chevy Silverado 1500 RST interior offers a blend of comfort, style, and modern technology. Standard on the RST trim are the spacious 40/20/40 split bench front seats, offering plenty of room for you and your passengers while maintaining practicality. Convenience and comfort are further enhanced with features like the 10-way power driver seat adjuster, available dual-zone automatic climate control, and a cozy heated steering wheel. The centerpiece of this trim is the advanced technology suite, which includes a 13.4-in. diagonal color touchscreen display and a 12.3-in. diagonal Driver Information Center, featuring Android Auto™, wireless Apple CarPlay®, and a mobile hotspot for seamless connectivity. These screens provide seamless access to vehicle settings, navigation, entertainment, and more, keeping you connected and in control on every drive. Overall, these amenities make the Chevy Silverado 1500 RST package a joy to drive for long drives and work days on the road. Safety And Stability You Can Rely On The Chevy Silverado 1500 RST package doesn't compromise safety and has a suite of advanced driver assistance features, including Chevy Safety Assist. This comprehensive safety package includes Automatic Emergency Braking to reduce or avoid collisions with vehicles in your path, Front Pedestrian Braking, Following Distance Indicator, and Lane Keep Assist with Lane Departure Warning. Whether navigating city traffic or tackling challenging weather conditions, you can count on the Chevy Silverado 1500’s safety technology to protect you. Your Sporty, Stylish Chevy Silverado 1500 The Chevy Silverado 1500 RST package is ideal for drivers who want a truck that combines style, performance, and modern convenience. With its bold, street-inspired design, powerful TurboMax™ engine, and impressive Chevy Silverado 1500 RST horsepower, the RST trim stands out as a top option in the Chevy Silverado 1500 lineup. At Aschenbach Chevy GMC, we’re proud to offer the Chevy Silverado 1500 RST package to our customers. Whether you need a truck for work, adventure, or everyday driving, the RST trim delivers everything you need and more. Visit us today to explore the Chevy Silverado 1500 RST in person, and let us help you get behind the wheel of a truck that works as hard as you do. SHOP NOW

Nov 22, 2024 in Wytheville Chevrolet Dealer

Chevy Silverado 2500 LTZ Package

Premium Power and Style If you’re looking for a heavy-duty truck that combines power and premium comfort, the Chevrolet Silverado 2500 LTZ offers both style and substance. At Aschenbach Chevrolet GMC, we’re excited to showcase the LTZ trim, which provides a range of enhanced features designed for those who need both rugged capability and refined amenities. Let’s dive into what makes the Chevy Silverado 2500 LTZ ideal for drivers who demand the best in their heavy-duty trucks. Performance and Capability The Chevy Silverado 2500 LTZ is engineered to handle tough jobs with ease. Built on a foundation of strength, this truck can handle challenging towing and hauling tasks, whether you’re on a construction site or hitting the open road with a trailer. The Adaptive Cruise Control with Trailering system enhances safety and convenience, especially when towing in various driving conditions, including city traffic and highways. The in-vehicle trailering app offers real-time data and diagnostics for a more seamless trailering experience, helping to ensure your load is secure and your truck is operating at optimal levels. The hitch view feature also provides a clear view of your trailer, making it easier to hitch up and maneuver precisely. For even more towing confidence, the power-folding and -extending vertical trailering mirrors enhance visibility around your trailer so that you can stay aware of your surroundings even with a giant load in tow. Stylish Exterior With the Chevy Silverado 2500 LTZ, style meets durability. The truck’s exterior is equipped with LED headlights and daytime running lights that include Amber tracer animation, enhancing the Chevy Silverado 2500 LTZ's modern and unique look. These headlamps aren’t just about looks — they provide enhanced visibility and make your truck easily recognizable, especially in low-light conditions. The Chevy Silverado 2500 LTZ’s bold front grille and well-defined lines communicate strength and refinement. This powerful stance reflects the Chevy Silverado’s ability to take on any task while looking sleek and sophisticated. Premium Interior Comfort with LTZ Premium Package Inside the Chevy Silverado 2500 LTZ, you’ll find premium materials and thoughtful design details that elevate the driving experience. The crew cab configuration offers ample headroom and legroom, ensuring all passengers enjoy a comfortable ride. The perforated leather-appointed front seats add comfort and durability, perfect for long drives or heavy-duty workdays. These seats are equipped with 10-way power adjusters for both the driver and front outboard passenger, allowing you to customize seating to find the most comfortable position. This level of adjustability is a welcome addition for those who spend long hours behind the wheel, making each drive a comfortable and relaxed experience. The Chevy Silverado 2500 LTZ interior seamlessly integrates convenience with luxury. Every detail, from the supportive seats to the intuitive dashboard layout, is crafted to make daily driving and challenging tasks feel effortless. Cutting-Edge Technology The Chevy Silverado 2500 LTZ is equipped with advanced technology that enhances safety and connectivity. With the in-vehicle trailering app, you can control trailer diagnostics, tire pressure monitoring, and a pre-departure checklist, all from your truck’s infotainment system. This app is handy for those who frequently tow heavy loads, providing peace of mind and ensuring your trailer is ready for the road ahead. Safety and connectivity are also top priorities in the Chevy Silverado 2500 LTZ. The intuitive infotainment system keeps you connected on the go, allowing easy access to navigation, music, and hands-free calling. Experience the Chevy Silverado 2500 LTZ For drivers seeking a heavy-duty truck with premium amenities, the 2025 Silverado 2500 LTZ is a standout choice. With its powerful features, refined design, and cutting-edge technology, this truck is built to tackle any task while offering a comfortable, connected driving experience. To experience the Chevy Silverado 2500 LTZ, visit us at Aschenbach Chevrolet GMC. Our team is here to help you explore this impressive model, answer any questions, and set up a test drive so you can see firsthand what sets the LTZ trim apart. SHOP NOW

Nov 20, 2024 in Wytheville Chevrolet Dealer

Chevy Tahoe Premier Package

Discovering the Chevy Tahoe Premier Package: Elevated Features for Every Journey Elevate every drive with the Chevy Tahoe Premier Package, a full-size SUV that represents the ultimate blend of luxury and convenience. Perfect for those who crave both sophistication and versatility, the Chevy Tahoe Premier Package offers exclusive features that enhance every adventure. Explore what’s included with the team at Aschenbach Chevrolet GMC. Chevy Tahoe Premier Features With the Chevy Tahoe Premier Package, every detail is designed for standout style and function. The 2024 Chevrolet Tahoe offers various Tahoe trim options, each catering to different needs and preferences. LED headlamps and taillamps create a stunning visual with unique lighting animations, giving the Chevy Tahoe an elevated look that’s hard to miss. Enjoy the convenience of a Power Sliding Center Console, offering added storage and accessibility for on-the-go essentials. The available AutoSense Power Liftgate makes loading and unloading easy, recognizing and adapting to your needs. For those seeking top-tier luxury, the High Country Deluxe package is an optional upgrade that enhances the vehicle's opulence and functionality. Chevy Tahoe Premier Vs. LT The differences in features and luxury become evident when comparing the Chevy Tahoe Premier vs. LT trim levels. While the LT trim offers a robust set of features for the more budget-conscious driver, the Premier package steps up in terms of technology, comfort, and convenience. The Chevy Tahoe Premier Package includes premium amenities like ventilated front seats, an advanced Bose Centerpoint Surround Sound System, and a hands-free power liftgate, which make every journey smoother and more enjoyable. The Chevy Tahoe Premier’s interior materials and finishes are also enhanced, providing a noticeable upgrade in quality and sophistication compared to the LT. Chevy Tahoe Premier Interior Enjoy luxurious comfort with heated and ventilated front seats and heated second-row bucket seats, ensuring all passengers travel in absolute comfort. Perfect for road trips or daily commutes, the Chevy Tahoe Premier Package’s seating options offer the comfort and quality you expect from Chevy’s premier lineup. Immersive Sound Experience with Auto Dimming Turn up your favorite tunes with the Bose Centerpoint Surround Sound system, featuring ten premium speakers that deliver an immersive, high-quality audio experience. Perfect for music lovers and families alike, this feature transforms each drive into an enjoyable experience. What Are You Waiting For? Whether you’re exploring new destinations or commuting in style, the Chevy Tahoe Premier Package offers everything you need for a premium driving experience. Visit Aschenbach Chevrolet GMC in Wytheville, VA, and see how the Chevy Tahoe Premier Package can transform your travels. SHOP NOW