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Just talked to the Princeton shop. Apparently, the funding will be available in July. For buys between 1/17 and July, the state is working on a process to claim the $5k directly in retrospect. For NJ buyers after July 2020 the $5k will be deducted from the purchase price.

The fact that the rebate comes off the vehicle price at time of purchase means that it also kicks in for lease programs. Correct??