NJ EV rebate repayment

[Sunny99]

Moderator note: This thread was moved from the Model 3 forum.

Hello im selling my telsa model 3 in nj which i got 2000$ rebate

Now I’m selling after one year how to repay the rebate
What is the process for repayment

 

[exfed2001]

Moderator note: This thread was moved from the Model 3 forum.

Hello im selling my telsa model 3 in nj which i got 2000$ rebate

Now I’m selling after one year how to repay the rebate
What is the process for repayment

I'm in the same position as you are. I traded in the MY that got me the $2K POS rebate in 2/23 on Thursday, and immediately got into the "same" but different color MY.

The rules say in part (one word is my CAPS for emphasis)

"If a vehicle for which an incentive payment was issued is sold, returned, or traded in, or if a lease
is transferred or assumed by another party prior to expiration of the minimum ownership period
or lease agreement, or if the applicant moves out of state, the purchaser or lessee MAY be
required to reimburse the Program. "

So it looks like they will let us know.

I have another complication in that if funding becomes available, I might get a $1500 rebate this year, so I'll just wait.

 

[TypeX]

You'd have to speak to your accountant on the clawback.