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This is all speculation on my part.
My understanding of the program is that the ideal car for the program is the LR M3. If you want it red white interior and 19" wheels, the 55K limit is near. so I wouldn't expect that to change either. however, I am less sure how "ideal" the MY is toward the program and if you want the fully equipped MY LR (with hitch etc) you are above the threshold already.
I read the information. The only reason there isn't money right now is because they blew through the budget way early in December, otherwise nobody would be worrying about the 7/1 date. The plan has a budget for 10 years of this program, but if people buy like crazy and early on then it runs out of funds mid year. Could something change? Sure. Will it with less than 60 days before the new year begins and the program funds again? Doubt it. They want these funds to be used, otherwise it is a failed initiative. Really the only think nobody knows is how the point of sale will work. They better move it on that.I hope you are right, but how do you know?
Exactly. Also The commercial program decided to double the spending (making it a 5 years program instead of 10). I can imagine they would do the same for the personal program as well.I read the information. The only reason there isn't money right now is because they blew through the budget way early in December, otherwise nobody would be worrying about the 7/1 date. The plan has a budget for 10 years of this program, but if people buy like crazy and early on then it runs out of funds mid year. Could something change? Sure. Will it with less than 60 days before the new year begins and the program funds again? Doubt it. They want these funds to be used, otherwise it is a failed initiative. Really the only think nobody knows is how the point of sale will work. They better move it on that.
Sounds about right. That is by far the best way to get accurate info on the program (I mean reaching out to a dealer that is currently working on setting up the program at their dealership). That's good news. It suggests that Tesla could do for NJ what they did in other places: ready the cars and send them off for July 1st.I just called my buddy, a GM of a NJ VW Dealer. He said they are basically being told they just take 5k off the ID4 at purchase, and they will get it back from the state via some dealer form portal. Tesla would be the same so 7/1 we should be fine, and if this is accurate, our pre 7/1 reservations should be ok if we take delivery and sign the papers 7/1 or later.
EDIT:
He called me back and pulled info off the dealer portal that said orders can start 6/1 for the rebate. I want to call some others and ask. He said he is being told that he takes 5k off the car at sale, and puts the sale into the portal before papers are signed. That holds the rebate for that sale. Once sale is final, he clicks off that it was delivered and the state pays him.
If all this is true, that sounds good to me.
No I think it means the dealer can "save a spot" for their july 1st deliveries starting June 1st. Like Tesla could start requesting rebates on their July deliveries starting June 1st. That's what I understand.Does that mean all deliveries in June last week too will get rebate?
So now its just the problem of what if they give us a delivery date in June? Do we pass, ask them to hold?No I think it means the dealer can "save a spot" for their july 1st deliveries starting June 1st. Like Tesla could start requesting rebates on their July deliveries starting June 1st. That's what I understand.
Based on my brother's experience, either Tesla will decide to give us the rebate by purposefully pushing the date to the first week of July or it's something else.So now its just the problem of what if they give us a delivery date in June? Do we pass, ask them to hold?
That is not what I heard so far, in March I got this response from them:I just got the following reply from the NJ charge up program:
“Your vehicle order would not qualify for the rebate. The order and purchase/lease date will need to be on or after July 1, 2021 to be eligible for the point-of-sale incentive through participating dealerships. No other details have been confirmed. Please continue to check our website for further updates.”
Unfortunately my current config is now over $55k so no point in reordering.
I think it would be worth following up with them if you have already placed in order (and letting us know what they say!)That is not what I heard so far, in March I got this response from them:
"Vehicles purchased or leased on or after July 1, 2021 will be eligible for the point-of-sale incentive through participating dealerships. The dealership needs to be participating to offer the incentive at the time of purchase. We do not have all the details or eligibility requirements for the point-of-sale program yet but will be updating our website accordingly. "
It says nothing about order date.
Not a reliable source, but I called Tesla SA at that time and he clarified that it is the purchase date that matters. I have not seen anyone's final invoice so far and so dont know if it mentions "order/booking date" anywhere.
That same faq also has another item about order date. 3rd from the bottom.That is not what I heard so far, in March I got this response from them:
"Vehicles purchased or leased on or after July 1, 2021 will be eligible for the point-of-sale incentive through participating dealerships. The dealership needs to be participating to offer the incentive at the time of purchase. We do not have all the details or eligibility requirements for the point-of-sale program yet but will be updating our website accordingly. "
It says nothing about order date.
Not a reliable source, but I called Tesla SA at that time and he clarified that it is the purchase date that matters. I have not seen anyone's final invoice so far and so dont know if it mentions "order/booking date" anywhere.
IMO when the program goes towards end, people will cling to order date to get benefits .That same faq also has another item about order date. 3rd from the bottom.
ExactlyOnce the Tesla people know how they put the rebate requests in and get them approved all this order date crap goes in the trash. They will have the ability to take it off the top and get it back directly through the portal. I’m not going to worry about it. I’m getting the car and the rebate one way or another.