Ontario EV incentives upped to $14K... and decreased to $3k for Tesla

[phigment]

Ontario offering $14,000 in incentives to people who buy electric cars

So, for the model 3 I'm guessing we see:

$35KUSD @ $0.7 exchange = $50K CAD

$50K * HST - $14K = $42.5K CAD after tax for the base model.

 

[rypalmer]

Cap incentives for vehicles priced between $75,000 and $150,000 at $3,000

Uh oh.

 

[phigment]

Yeah, not sure why they put in $75K - $150K clause. What if I order an P90DL X? That'll be more than $150K... does that mean I can get the full $14K for that?

 

[green1]

Yeah, not sure why they put in $75K - $150K clause. What if I order an P90DL X? That'll be more than $150K... does that mean I can get the full $14K for that?

I know exactly why they put that in there, GM asked for it. They don't want it going to the model S or X, they want the money going to the bolt. as for the 150 top end, I bet if you read further it's probably zero for vehicles over 150

 

[rypalmer]

So this was announced today... anybody know when these new rules will kick in?

 

[Breezy]

I know exactly why they put that in there, GM asked for it. They don't want it going to the model S or X, they want the money going to the bolt. as for the 150 top end, I bet if you read further it's probably zero for vehicles over 150

My goodness. GM really is the boogeyman around here. The ELR and the CT6 PHEV will also have their rebate capped at $3k. And the Model 3 will qualify as well.

Could be that giving rebates for luxury vehicles was seen as politically unwise.

- - - Updated - - -

So this was announced today... anybody know when these new rules will kick in?

Effective today.

 

[rypalmer]

Could be that giving rebates for luxury vehicles was seen as politically unwise.

Depends if you consider the Model S a luxury vehicle.

 

[sitter_k]

Depends if you consider the Model S a luxury vehicle.

As much as i hate this, I'd say Almost all cars $90-100k is squarely in the luxury segment.

Price of a new model s just went up by $5500 + the Canadian dollar readjustment.

 

[S'toon]

My goodness. GM really is the boogeyman around here. The ELR and the CT6 PHEV will also have their rebate capped at $3k. And the Model 3 will qualify as well.

Could be that giving rebates for luxury vehicles was seen as politically unwise.

- - - Updated - - -



Effective today.

The ELR was discontinued, the CT6 doesn't exist as of yet.

 

[RAM_Eh]

The incentive for Tesla's are capped at $ 3000.00 because of the price.

So the question I have is there is an additional rebate for larger KW batteries $ 3000.00 and $1000.00 5 or more passengers, SO DOES IT QUALIFY for those?

 

[Destiny1701]

Is it written that's it's effective immediately? Trying to find on the govnt site however there is no mention of
effective immediately with no transition timeline or phase out period.

 

[phigment]

Is it written that's it's effective immediately? Trying to find on the govnt site however there is no mention of
effective immediately with no transition timeline or phase out period.

In the original link I found the following

This announcement is retroactive to Jan. 1, so the Liberals say anyone who bought an electric vehicle already this year can apply.

 

[S'toon]

Phil's correct, it's retroactive to Jan 1st. I wonder how that affects Tesla buyers who've taken delivery last several weeks.
http://www.ctvnews.ca/autos/ont-off...4k-for-people-who-buy-electric-cars-1.2772433

 

[slam]

The statement about being retroactive to Jan 1st sounds brutal for anyone who bought a Model-S! So if you bought a Model-S this year, you are suddenly now expecting to receive $5500 less?

But does the retroactive date apply to the purchase date or the date your application for the incentive was fill in? I'm in a bit of a head scratcher at the moment. I purchased a new 70D in December 2015, but I'm not getting it until next week.

 

[Destiny1701]

I purchased my car technically end of November but don't take delivery until mid March. I wonder as well what date would be written
on the application? Pick up date or purchase date?

 

[eMileage]

Here is a link to the announcement:

Ontario Making Electric Vehicles More Affordable

 

[edwolb]

Bought and picked mine up December 31, 2015. At first I felt a little cheated, but seeing the limitation I may have gotten lucky

 

[hingisfan]

Here is a link to the announcement:

Ontario Making Electric Vehicles More Affordable

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View attachment 110933 View attachment 110934 View attachment 110935

That announcement looks like it's done at the cool 14 EV capable parking garage at Bay and the Queen's Quay in Toronto.

 

[Trev Page]

This is the best news ever for those of us waiting for Model 3!!!! We don't know all the details yet on what they mean by bigger battery size or what Model 3 will have in terms of a battery but if GM is behind this then a 60Kwh battery is "big" and we should easily be able to claim the full $14K!!! I'm stoked!!

 

[sandpiper]

Cap incentives for vehicles priced between $75,000 and $150,000 at $3,000.

Q: How can you tell when the Ontario government is in the process of screwing something else up?

A: Wynne's lips are moving.