• Mar 14th 2010 at 8:50AM
  • 14
If you're a California citizen thinking of buying an electric car, don't do it today. Wait until Monday. That's when the state's $4.1 million Clean Vehicle Rebate Project (CVRP) starts offering rebates worth up to $20,000 for eligible zero-emission and plug-in hybrid vehicles. Exactly which vehicles will get how much money isn't available yet, but Tesla, in its latest newsletter, says the CVRP will be worth a $5,000 rebate toward the purchase or a lease of a Roadster. Here's what we do know:
  • The rebates will be worth up to $5,000 for new light-duty vehicles
  • New cars, trucks, commercial medium- and heavy-duty vehicles, motorcycles, neighborhood electric vehicles can all qualify
  • Individual or business owners who buy or lease zero-emission or plug-in vehicles are eligible
  • Some zero-emission commercial vehicles can get rebates of up to $20,000
While today the best thing to do is to wait, once the program goes into effect, it won't be. The CVRP funds are limited and will be given out first-come, first-served.

[Source: Clean Vehicle Rebate Project]

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    • 1 Second Ago
      • 5 Years Ago
      That's 820 cars at $5k rebate each. Hmmm.
      • 5 Years Ago
      They gonna issue the rebates in IOUs like they did tax returns?
      • 5 Years Ago
      Hi Wincross, The Prius MSRP is around $22k to $28k, with a decent model costing $25k without the more expensive upgrades. So the Volt after tax credits will be around $27,000 and the Prius will be around $25k. I agree that no one buys the base model Prius for $22k, but a middle of the road Prius will still be cheaper than a Volt, but not by much. I don't think the base Volt will be a stripper model with an MSRP of $39,900. Could be, but I doubt it. I figure that the regular Volt will have the amenities of an upgraded, but not top of the line, Prius. Time will tell. And I would not be surprised to see GM price the Volt at $37,490. They have already gotten the government to enact a huge tax credit tailored to the Volts battery size, now they can get the buzz by getting the price after Fed credit under $30k.
      • 5 Years Ago
      Spec -- there may be no EV cars to buy -- but EV trucks and vans are available right now. See the Case Studies page at http://www.smithelectricvehicles.com for examples of 500 already on the highways of UK and Europe - and now on sale in the US via sev-us.com (who have just launched a takeover bid for their UK parent).

      These discount funds are offered on a 'first come, first served' basis - and only till the money runs out. The money could all be gone before cars are in the showrooms - if the truckmakers are quickfooted enough.
        • 5 Years Ago
        Don't forget the motorcycles, which are already out there and can be bought at BestBuy.
      • 5 Years Ago
      There are no cars to buy besides a massively expensive 2 person sports car. :-/
      • 5 Years Ago
      Awww, but I wanted to buy my electric car *today*...

      Seriously, this is great news - I just hope the rebate lasts long enough to apply to my Nissan Leaf when it becomes available.
      • 5 Years Ago
      Too bad the funds wil be used up by all the tesla buyers again before a Leaf ever goes on sale. Makes sense that those who can afford a $100K plus car need $5K back.
      • 5 Years Ago
      Where is the money for this coming from? I thought Cali was handing out IOU's to people.
      • 5 Years Ago
      Great news, got to start somewhere!
      • 5 Years Ago
      Less than 9 months to go til you will be able to buy the Chevy Volt. Not a bad deal for Californians, $7500 from the Feds and $5000 from California gets you an EREV with no limited range irritations for around $27,500, maybe less.
      Living in Northern Virginia, I am more than a little jealous. I could have a car that eats the Prius' lunch for just a few thousand more. I log my miles for work and last year I would have used around 2 or 3 gallons of gas a month, my electricity expenses would have been next to nothing, and the car would have gotten me to the beach and to the mountains without having to stop halfway there or rent a backup car.
      If GM can get the Volts price down before the Fed tax credit expires they will sell every Volt that they can build. If not, they will have a nice 4 year run.Then the early adopters will all have one, the effective price will increase when the credit runs out and the Volt sales will tank. Here is hoping that the economies of scale kick in within a couple of years!
        • 5 Years Ago
        I think you may have an unrealistic idea of the price of a Prius. $27K is about the same as most Prius' sold. The cheap one is a "stripper" that few people want. They go up into $30K plus territory fully equipped. I suspect the same will be true of the Volt. Most will probably not want the one for $27K with both tax credits.
      • 5 Years Ago
      I'm all for using a lot less energy in this country. But the idiocy of a program like this and others is it needs to be paid for by taxing people who do use too much fuel and energy. Where is the $1gas tax? Where?! No where yet. That alone would decrease CA's GHG emissions and freeway congestion by 15% in year one.

      Without a gas tax, CA and the rest of us, are just going deeper in the debt doodoo.
      • 5 Years Ago
      Very nice information.Plz send me more description about electric car.

      thank you
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