The new CVRP rebate changes are going into effect 12/3/2019.
1. Standard rebate is now $2,000, down from $2,500 (increased [lower income?] rebate amounts remain unchanged)
2. MSRP cap is now $60,000 max. OK for Model 3, but S/X are now excluded
3. Minimum UDDS electric range is now 35 miles, up from 20 (this will exclude most plug-in cars)
4. Rebate limit reduced from 2 per individual/entity to 1
What should I know about the December 3rd program changes?
1. Standard rebate is now $2,000, down from $2,500 (increased [lower income?] rebate amounts remain unchanged)
2. MSRP cap is now $60,000 max. OK for Model 3, but S/X are now excluded
3. Minimum UDDS electric range is now 35 miles, up from 20 (this will exclude most plug-in cars)
4. Rebate limit reduced from 2 per individual/entity to 1
What should I know about the December 3rd program changes?