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Big news for NJ buyers

SageBrush

REJECT Fascism
May 7, 2015
12,887
17,214
New Mexico
This is phenomenal if you live in NJ and purchase a Tesla. Not only does NJ not charge sales tax for EV’s, they’re now offering up to a 5K rebate of $25 for each mile of range up to a maximum of 5K.

With $5,000 rebate and tax exemption, New Jersey poised to become electric vehicle leader
Is the pot capped ?

Addendum: Per the OP's article
The rebate is funded through the state’s already established Clean Energy Fund. The rebate program would continue for 10 years after its start, and can’t exceed $300 million from the fund.

That sounds like an extra ~ $200 million into the Tesla coffers,
and another 10,000 EVs on the road
 
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PoitNarf

My dog's breath smells like dog food
Jun 7, 2016
2,870
4,322
NJ

Cirrus MS100D

Member
Supporting Member
Jul 6, 2017
689
2,086
Pennsylvania, USA
Oh yeah? Well... in PA we have to drive to TWO different stores to buy wine and beer, so how bout dat? You can keep your $5k rebate and various solar incentives and a general plan to address climate change. We got a literal town and underground on fire we’ve got so much sweet sweet coal.
/s
 

dmurphy

Active Member
Supporting Member
Dec 7, 2018
4,025
5,710
New Jersey - Morris County
I'd like to see an incentive for installing a home charger. That would help get more of them out there...

At some point, it will be seen as an amenity, and people sprucing up a house to sell might add one to get a better price.

NJ will provide $500 towards that, and the federal 30% tax credit for installing one was just RETROACTIVELY extended to Dec 31, 2020.

So install one this year, get $500 from NJ, and then 30% back from the feds. It’s a GREAT year to buy an EV in the Garden State!

- No sales tax
- $5000 NJ incentive
- $500 NJ charger install incentive
- 30% federal charger install tax credit
- (for any EV but GM/Tesla) $7500 fed tax credit

Hyundai Kona EV sure looks like a nice cheap commuter car ... but then you’re driving a Hyundai.
 

SlimJim

Member
Jul 25, 2019
947
975
USA
Washington state's tab renewal...

tesla tab renewal.png
 
  • Informative
Reactions: C141medic

Fred42

Active Member
Dec 24, 2018
1,097
3,314
Pennsylvania
Oh yeah? Well... in PA we have to drive to TWO different stores to buy wine and beer, so how bout dat? You can keep your $5k rebate and various solar incentives and a general plan to address climate change. We got a literal town and underground on fire we’ve got so much sweet sweet coal.
/s
? You can buy beer and wine in any PA supermarket. (unless the municipality is dry)
 
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