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CA Tesla Rebate is going away?

Discussion in 'Model S' started by Oceanwolf, Oct 22, 2015.

  1. Oceanwolf

    Oceanwolf Oceanwolf

    Joined:
    Sep 12, 2015
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    Location:
    Morgan Hill, CA
    I just received an email from Tesla that says CA rebate of $2,500 will be decided on income level. Well, I don't think many Tesla buyers will pass that test.
    One of my self justification for buying a Tesla is going away.:mad:


    Onur
     
  2. marty2112

    marty2112 Member

    Joined:
    Apr 6, 2015
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    Location:
    Petaluma, CA
    Here is the text...

    The state of California currently provides a $2,500 rebate to those who purchase or lease a new Tesla. The program is being updated in early 2016, with the level of rebate changing depending on your personal/household income. This means not all customers will be eligible for the $2,500 rebate when the new rules go into effect.

    To receive the current rebate, you will need to take delivery of your Tesla before the changes are implemented. Given the lead time to custom manufacture your vehicle, we suggest placing your order as soon as possible. You can order through our
    Design Studio
    or from your
    local store
    .

    To schedule a test drive, simply click below and a member of the Tesla Team will be in touch.
     
  3. Merrill

    Merrill Active Member

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    Location:
    Sonoma, California
    It is not going away, if you make over $500k jointly you will not get it. Is Tesla hard up for Model S sales, why send me an email to buy now when I already have one.
     
  4. Oceanwolf

    Oceanwolf Oceanwolf

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    Location:
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    I need to tell my wife not to take the 250K job she is aiming for.
    She says she wasn't considering it anyway. Phew, my justification to spend ludicrous sum of money stays.
     
  5. wdolson

    wdolson Active Member

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    California's situation is better than Washington State. Earlier this year Washington eliminated the sales tax break for any EV costing more than $35,000, no matter your income. Washington doesn't have state income tax, so they could only offer a tax break. On top of that, they upped the yearly license surcharge for EVs to $150 a year.

    I don't think it's necessarily a bad thing to offer certain tax breaks to poorer people and not allow them for wealthier people. I'm far from wealthy, but I make enough to cover expenses and save something every month, but a few years ago we were bleeding our savings due to some financial problems. For a few years there I paid no federal income tax because I didn't make enough after deductions. I was very happy for any breaks I could get. Now those breaks would just make a difference in how much I save month to month.

    I do think the incentives cut off at too low a level though. There is a perception that every Tesla buyer is a fat cat who can afford to blow $100K on a car without much thought. In reality about 1/2 of Tesla owners stepped up from a car costing $50K or less and have much more modest incomes than other buyers of $100K cars. For some of us it's a major stretch to afford one. I need a car capable of road trips to California, which rules out any car with a range less than 200 miles and one with 400 would be ideal (I could get from here to the Bay Area with one recharging stop in a 400 mile car). I need to be able to get down to my father's in Morro Bay, CA and he'll likely be gone by the time the Model 3 is in production. He's almost 96 now.
     
  6. Monsterzero

    Monsterzero Member

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    Livermore, CA
    Whew!:cool:

    I guess I'm lucky to be poor, only making $499,999.99/year. I almost didn't make the cut. I REALLY need that rebate check from the state. How else can I pay for my daily car hand-washes for my soon-to-be Model S!?:tongue:
     
  7. ohmman

    ohmman Maximum Plaid Member

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    This has been on the radar for a while (a few threads already running on it). It's sensible, in my view. Incentives work when they make a difference to the buyer. It's basic economics.
     
  8. Oceanwolf

    Oceanwolf Oceanwolf

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    I agree. I may not be poor, but I am also not a fat cat either. I currently drive a ML350 Bluetec with a lease ending in May 16. Yes, I can afford a 60K car, but I need some incentives to kick that amount to 80K.
     
  9. EternalChampion

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    Illinois
    It benefits everyone to incentivize the transition to electric vehicles. I think that these programs should be expanded...not dismantled.
     
  10. wdolson

    wdolson Active Member

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    I'm in a similar financial position, though my car was paid for in 1992. BTW, I notice you're in Morgan Hill. I telecommute to there.
     
  11. calisnow

    calisnow Active Member

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    Okay now I'm confused - I thought the California $2,500 rebate went away in July for people above the income cap and that it was effective immediately. Now I'm reading that it won't kick in until 2016.
     
  12. Strib

    Strib Member

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    Alamo, CA
    The income cap starting 2016 is $500K for joint couples. Take note that it's gross income, not AGI after losses and deductions.

    I went to the web site and saw that my Roadster would qualify!! It's listed! Though I bought it this year, I'm not the original owner. But what 2015 Roadster buyers could possibly be the original owners? So I filled out the info and submitted it. The web site came back and told me my VIN is not a Roadster! What?? I'm so disappointed! Here I've been charging it all this time! Maybe it's a VW or a Fiat.
     
  13. liuping

    liuping Active Member

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    I was told by someone at the Clean Vehicle Rebate Project, that it goes into effect 4-6 month after the California anual budget is approved. I originally though it was 4-6 months after the bill was signed in June.

    CVRP recently change the wording on their site as well: Fiscal Year 2015-16 Income Limit Changes | Clean Vehicle Rebate Project
     

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