Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

For NJ residents: don't forget $5k rebate

dmurphy

Active Member
Supporting Member
Am I eligible for rebate?

Per the terms of the program, no. The MSRP must be below $55,000. You unfortunately miss by $1. (Wish it said “at or below” - but it doesn’t.)

My recommendation would be to take off FSD and buy it separately. Then you’d be eligible to collect the $5000 rebate.

So right now, the vehicle is $55,000 total.

If you removed FSD, it’d be $48,000. And then you’d get a $5,000 rebate, making the total $43,000. If you then bought FSD by itself - even if the price goes up to $8000, that would bring the total to $51,530. (You’d pay sales tax on FSD bought separately, so that’s where the extra $530 comes from.)

Would still save yourself $3,470!
 
Per the terms of the program, no. The MSRP must be below $55,000. You unfortunately miss by $1. (Wish it said “at or below” - but it doesn’t.)

My recommendation would be to take off FSD and buy it separately. Then you’d be eligible to collect the $5000 rebate.

So right now, the vehicle is $55,000 total.

If you removed FSD, it’d be $48,000. And then you’d get a $5,000 rebate, making the total $43,000. If you then bought FSD by itself - even if the price goes up to $8000, that would bring the total to $51,530. (You’d pay sales tax on FSD bought separately, so that’s where the extra $530 comes from.)

Would still save yourself $3,470!
In telsa page at the time of order I saw 5000$ NJ incentive included with my order of price 55,000$
and I just saw below link they mentioned

Plug-In Electric Vehicle (PEV) Rebate Program
The New Jersey Board of Public Utilities offers state residents a rebate in the amount of $25 per mile of all-electric range, up to $5,000, to purchase or lease a new PEV with an MSRP of $55,000 or less. Rebates may be limited to one award per person. PEVs must be purchased or leased after January 17, 2020. The plug-in hybrid electric vehicle rebate expires December 31, 2022, and all-electric vehicle rebates expire June 30, 2030. For more information, see New Jersey’s Clean Energy Program Electric Vehicle Incentive Programwebsite.

Alternative Fuels Data Center: New Jersey Laws and Incentives
 

Products we're discussing on TMC...

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top