- All 2023 ID.4 models are eligible for a $7,500 lease incentive and a Customer Bonus
- Discounts vary between $12,500 and $17,500
- The 2024MY changes are limited but they include a more powerful rear motor and a new infotainment display
Now could be the best time to buy a 2023 Volkswagen ID.4 in the United States thanks to generous discounts available for the all-electric SUV.
Shoppers who decide to lease a 2023 ID.4 will automatically receive a $7,500 lease incentive, mimicking the $7,500 federal EV tax credit available to eligible EVs purchased outright in the U.S. Since May 1, VW has also been offering a Customer Bonus on the ID.4 that can be worth between $5,000 and $10,000 depending on the trim level.
Read: Upgraded 2024 VW ID.4 With More Power, More Screen And Full Tax Credits Now On Sale
In the case of the entry-level ID.4, it’s available with $12,500 in savings when you combine the $7,500 incentive and the $5,000 bonus. This bonus rises to $6,500 for the ID.4 Pro, meaning it can be purchased for $14,000 less than MSRP. The discounts continue to grow as you go up in the ID.4 model family.
For example, the ID.4 Pro S is available with a $7,500 bonus, resulting in a combined $15,000 discount. This bonus jumps to $9,000 for the AWD Pro S and RWD Pro S Plus for a $16,500 discount. The AWD Pro S Plus is then available with a $10,000 bonus and the $7,500 lease incentive, Cars Direct reports.
It’s important to note that these generous bonuses are only available for the outgoing 2023 model year ID.4s. It’s unclear how many VW has in its inventory, but it’s clearly trying to clear them out to make way for the 2024 model. However, those who opt for a 2023 model will miss out on a few upgrades.
For example, all rear-wheel drive models from 2023 were capped at 201 hp, while the 2024 ID.4 now offers 282 hp when paired with the available 82 kWh battery pack. Additionally, 82 kWh models include a new 12.9-inch infotainment display with a revised climate control interface. This new display also includes touch-sensitive and backlit temperature sliders.