% "Let them eat cake" ... 'Why don't they eat meat?' %
http://insideevs.com/california-income-based-rebate-program-expected-begin-mid-march/ California Income-Based Electric Vehicle Rebate Program Expected To Begin Mid-March [20151231] Jay Cole [image http://insideevs.com/wp-content/uploads/2015/12/cvrp-rebate-income-chart.jpg (chart to show CVRP changes) California Air Resources Board via CarsDirect ] [image] California’s CVRP REbate Program Changes Look To Take Hold In Mid-March Big changes are coming to California’s plug-in car rebate system, and they are coming fairly soon. [image] Under The New CVRP Program, The Unemployed Person In San Francisco Can Now Get A $3,000 Rebate Off The 2016 Chevrolet Volt pih Instead of a flat rebate amount given based on the eligibility of the vehicle (formerly $1,500 for a plug-in hybrid vehicle and $2,500 for an all-electric vehicle), the program will add a owner-based rebate component that can alter the credit anywhere from zero to $4,000. More details on the program itself can be found below, but what was unknown previously was the exact time frame for implantation of the program. However, the sharp-eyed fellows over at CarsDirect (of whom also bring us the “best monthly EV deals” worksheet) sent us a note saying that CARB had updated its CVRP program details, saying to expect the changes soon. “Implementation Date Implementation of the income eligibility changes is anticipated in mid-March 2016. The implementation date will be announced at least two weeks prior on the ARB and CVRP websites and through a press release. CVRP will continue to operate without income eligibility changes until the implementation date.” [image] Toyota Mirai fcv (Gullwings Or Not) Is Now Eligible For As Much As $6,500 Off So if you happen to be a single-wage earner making more than $250,000 and you have been looking at picking up that snazzy Chevy Spark EV, you should probably do that sooner rather than later. Conversely, if you are working part-time at the local Wal-Mart, you should tell Tesla to delay deliver of your Model X to pickup some bonus cash. For the rest of the unwashed masses, just go on about your daily business ... [© insideevs.com] ... http://www.arb.ca.gov/msprog/aqip/fundplan/proposed_fy15-16_funding_plan.pdf CARB 2015-16 funding plan ... https://en.wikipedia.org/wiki/Let_them_eat_cake "Let them eat cake" ... 'Why don't they eat meat?' http://www.carsdirect.com/deals-articles/start-date-announced-for-new-income-based-plug-in-rebates-in-california Start Date Announced for New Income-Based Plug-in Rebates in California December 30, 2015 Alex Bernstein When it comes to encouraging plug-in vehicle adoption, California has undoubtedly been a leader. Thus far, the state's Clean Vehicle Rebate for buying a plug-in hybrid or electric car has largely been treated equally. That's set to change in early 2016 due to new income-based rules that will determine eligibility. So when will the new program start? And who will and won't be eligible? Here's what you need to know. Timeframe for new rules Earlier this year, the California Air Resources Board proposed the addition of new income-based criteria for the state's Clean Vehicle Rebate Project (CVRP). According to a posting on the group's website today, the proposal has since been approved with implementation anticipated to begin in mid-March of 2016. The changes involve greater support for applicants earning less than 300% of the Federal Poverty Limit (currently $35,310 for individuals and $60,270 for a family of three). On the other hand, those at the top end of the income spectrum will no longer be eligible for the rebate on EVs and plug-in hybrids. It should be noted that support for hydrogen vehicles like the Toyota Mirai is continuing at $5,000 for mid and high income earners and at an increased amount of $6,500 for lower income applicants. We've listed the basic amounts below. Be sure to check the program website for complete rules. Income Level Electric Plug-in Hybrid Fuel-Cell Less than 300% of Federal Poverty Limit $4,000 $3,000 $6,500 300% of Federal Poverty Limit to $250k $2,500 $1,500 $5,000 > $250k for Individual Filers > $340k for Head-of-Household > $500k for Joint Filers Not Eligible Not Eligible $5,000 Source: California Air Resources Board (PDF) Incentive to buy now? Now that a start timeframe has been announced, plug-in buyers have a lot to think about. For those who will qualify for the additional support, it probably makes sense to wait until the new rules take effect. For shoppers in the middle-tier, it's reasonable to say timing may not matter since rebates will continue unchanged from their current amounts. However, at the upper end of the spectrum, it may be a no-brainer that shoppers may want to buy or lease before the current rules change. Other considerations Shoppers not in a rush may want to consider that the California DMV recently exhausted their entire supply of green single-occupant HOV lane stickers for plug-in hybrids like the Chevy Volt. Applications are still being accepted but there is no guarantee if and when more will become available. Note that EVs like the Nissan LEAF are not subject to the limitation since they involve a white sticker that has no limit on the number that can be issued. Where are the deals? As we found in our monthly green car deal roundup, there are some exciting special offers on plug-in hybrids and EVs right now in California. Note that most offers are set to expire January 4. If you're looking to buy a plug-in, the 2016 Chevrolet Volt is hard to ignore, with an all-new design and improved driving range. GM is currently offering a $1,000 rebate or a 39-month lease from $299 per month with $500 at signing. Non-GM lessees can get a $500 bonus that can turn this into a zero-down lease. When it comes to EVs, the 2015 Chevy Spark EV has the lowest effective lease cost out of every EV we looked at. In California, it can be leased from $138 for 39 months with $0 due at signing. There's also a $1,000 rebate for shoppers looking to buy. Shoppers able to spend a bit more may appreciate a discounted lease on the 2016 Volkswagen e-Golf SE featuring $0 at signing and payments of $259 for 36 months. Non-VW owners can benefit from a $1,500 conquest bonus as well. Our take With the new rules anticipated to take effect next March, shoppers at both ends of the income spectrum may want to consider timing their next purchase or lease accordingly. For an easy way to find the best deals, visit the CarsDirect Deals Page for the latest deal-related news and analyses. Browse expert buying advice updated monthly on nearly 300 models for insider insights you'll only find at CarsDirect. Be sure to sign up for email alerts to have the latest deals delivered straight to your inbox. Offers listed here are based on a resident in Southern California and may be subject to change. Most lease offers are for well-qualified buyers based on available credit and exclude tax, license, title, registration, document fees and insurance. Not all buyers may qualify. Please check with your CarsDirect Trusted Dealer to confirm details and eligibility. [© carsdirect.com] For EVLN EV-newswire posts use: http://evdl.org/evln/ {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-CA-Income-Based-Plugin-Rebates-6-5k-fcv-to-no-wage-skewed-tp4679421.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
