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Best states for Tesla purchase incentives?

Discussion in 'Model S' started by azred, Dec 29, 2016.

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  1. azred

    azred Member

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    #1 azred, Dec 29, 2016
    Last edited: Dec 29, 2016
    I live in Arizona and had assumed my kids living in California could get a much better deal on a new Tesla given the $2500 CA tax credit. But when I was allowed $50,000 on my trade, none of that trade difference was taxable here in AZ and five years of plates cost about $25 a year. If I understand correctly I probably would have paid $3500 or so of sales tax on the trade in CA plus several hundred bucks a year for the plates. Both states allow access to car pool lanes so that's a wash but it seems to me I actually got a much better financial deal in AZ. Am I missing something and if not, why isn't this more widely known? When I researched incentives, it seems to me no one points out the real differences between states. Of course I understand the calculation depends on having a trade-in. But even without the trade, the almost free plates would quickly offset the $2500, right?
     
    • Informative x 1
  2. patrick40363

    patrick40363 Member

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    I just paid my second year plates renewal in CA and it cost $591.
     
  3. kort677

    kort677 Banned

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    afaik you need to be a resident of the state that the car will be registered/titled in.
     
  4. MorrisonHiker

    MorrisonHiker S 90D 2017.42

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    Sounds like you got off easy. My registration will run over $1950 in Colorado and that's after paying nearly $8000 in sales taxes. o_O Thank goodness for the $6000 state tax credit!
     
  5. azred

    azred Member

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    Wow and I told my wife who is from Denver that it is too bad she isn't still a resident. Only proves my suspicion is correct that most of the info on the Internet gives a very warped view of the breaks Tesla owners receive from their respective states. Of course I understand there are lots of factors involved so it is hard to compare states, but my original thought that I wished I was a Colorado or California resident was wrong for my situation, especially since we keep cars a long time and alt fuel plates here are dirt cheap.
     
  6. C_A_Braun

    C_A_Braun Meet Voodoo, Our S75.

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    California is not a $2500 Tax Credit. It is a rebate. They actually send you a check for $2500.
     
  7. NewJerseyMS

    NewJerseyMS Member

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    No sales tax in NJ is huge benefit.
     
  8. NewJerseyMS

    NewJerseyMS Member

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    Registration and title together was 450 in NJ
     
  9. CliffG

    CliffG Member

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    Don't forget: no inspections...
     
  10. Trips

    Trips Member

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    Nebraska gets screwed. On a $100k car you pay a one time $7,000 sales tax, $1,900/yr registration (goes down 10% a year) $75/yr EV tax, $100/yr if you don't want a front license plate, $50/year wheel tax and a bunch of smaller fees.

    Total state incentives: $0, but they do have special loans but the rate was the same for me.

    The only small bonus is that you pay based on the original MSRP. If you unlock the battery and AP after the purchase you don't pay tax on that.
     
  11. patrick40363

    patrick40363 Member

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    You still come out ahead. I paid a bit more in sales tax than you too.
     
  12. GuyGadois

    GuyGadois Member

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    CA + the San Joaquin air district rebate on top of that is nice
     
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  13. NikeWings

    NikeWings Active Member

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    I'd gladly pay the $100 to legitimately ditch the front plate.
     
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  14. ucmndd

    ucmndd Member

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    The extra $3k pushed me over the edge!
     
  15. ev-now

    ev-now Member

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    Yep, tags here are just ridiculous - for pot-hole filled roads, and crumbling bridges. Someone tried to tell me "oh it's the snow" - but seems to me there's plenty of snow falls in the North East too.
    Only upside as far as I am concerned - tax credit on an imported CPO, though that goes away the day after tomorrow.
     
  16. Rockster

    Rockster Active Member

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    $8000 credit in Louisiana.
     
  17. ZAKEEUS

    ZAKEEUS Member

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  18. b00st3d

    b00st3d Member

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  19. ZAKEEUS

    ZAKEEUS Member

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    I just got off the phone with the Policy Services Division of the Dept of Revenue, he confirmed it should be 36% of the conversion cost. If the $8,000 credit on the Tesla configuration page was correct, that means the conversion cost should be $22,222 for a S60 or S75.
     
  20. John5396

    John5396 Member

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    in NC I pay an extra EV tax. This is to offset the loss in revenue for the state from not paying gasoline taxes which fund road maintenance and construction.
     

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