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BC Scrap-It EV Incentive Program - $3000

Discussion in 'Canada' started by Anday, Feb 25, 2015.

  1. Anday

    Anday Member

    Joined:
    Feb 25, 2015
    Messages:
    8
    Location:
    Vancouver, BC
    Hi everyone, I did a quick forum search and didn't see anyone mention this EV incentive program for BC residents.

    Long story short, if you scrap an eligible vehicle (2000 or older model, registered owner, insured for 6 consecutive months under ICBC at time of application) you can get an additional $3000 towards an eligible EV! With the upcoming CEV for BC campaign rolling out again in the near future, this combined incentive will put us close to our friends out in the East Coast.

    Here is the link to more information Scrap-It EV Program.

    Hope this will help some of you! I'm still saving for the Model X.
     
  2. SmartElectric

    SmartElectric Active Member

    Joined:
    Jul 9, 2014
    Messages:
    1,080
    Location:
    Toronto,Canada
    Welcome to the forum, and thanks for your first post!

    The car would need to be 14 years old and worth less than $3000 on the open market to make sense.
    Ok, did an autotrader.ca lookup for cars in BC that match that criteria.
    That returned 409 "cars" (1990-2000 model year, in BC, less than $3000)
    The first page of results was typical, namely, "perfect condition, just needs new water pump", etc. ;-)

    To put that into perspective, there are currently 25,651 cars for sale in BC on autotrader!
    That means that 1.6% of the cars available fit the "generous" criteria for BC EV scrap it program.

    The average price of an electric car, about $30K before incentives.

    What's the likelyhood someone with $25K to spend after incentives and tax on a new EV also has one of those 1% beaters? Anyone? :confused:

    Bizarre incentive IMHO.

    Glad to see they are trying something, but not sure this is going to actually get used...
     
  3. PoweredByRain

    PoweredByRain Member

    Joined:
    Jan 5, 2014
    Messages:
    647
    Location:
    Victoria, BC
    I agree with your analysis, but there are always weird people out there. Take me, for example. :) I own a Model S, and my wife drives a 25 year old Volvo station wagon. She loves the station wagon. It just keeps running. But as a used car it is definitely worth much less than $3000. I'd love to trade it in on a Model X, but

    a) she doesn't want a Model X
    b) $3000 isn't really a relevant factor in a purchase over $100K.
     
  4. Hugh Mannity

    Hugh Mannity Mediocre Member

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    Jul 31, 2014
    Messages:
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    Location:
    Vancouver, BC
    Does the east coast have incentives too? Cool. I wish AB did but here at least no PST makes a significant difference.
     
  5. RiverBrick

    RiverBrick Active Member

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    Mar 23, 2014
    Messages:
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    Location:
    Québec

    Quebec (8,000$) and Ontario (8,500$) have after tax cash rebates. In Quebec, the car must have a > 15 kWh battery to qualify (5-15 kWh gets 4,000$). Not sure about Ontario.
     
  6. Hugh Mannity

    Hugh Mannity Mediocre Member

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    Jul 31, 2014
    Messages:
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    Location:
    Vancouver, BC
    Oh ha ha, "east coast" i thought meant the maritimes :)

    Actually river brick its good to know about the quebec incentive since am planning to move to montreal this spring :wink:
     
  7. mibaro2

    mibaro2 Member

    Joined:
    Dec 2, 2012
    Messages:
    958
    Location:
    Georgetown, ON
    I wonder if you will come out ahead since you will need to pay the pst in Quebec.
    I wish for EV's, the only incentive we had would be no tax...That would be saving 15% (or close to 15000) vs 8500 rebate in Ontario.)
     

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