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> so instead I leased the car, Honda got the rebate, I got the lower price, and a month later I bought out the lease. The Clarity is a great car! Hope you are
by danans 3y ago
> so instead I leased the car, Honda got the rebate, I got the lower price, and a month later I bought out the lease.
The Clarity is a great car! Hope you are enjoying it.
The CA rebate is income limited regardless of whether it is a purchase or lease. It sounds more like you were able to negotiate a lower price with Honda, not that you actually got the rebate. Most EVs are currently in such demand that there is little ability to negotiate on price.
- jeffbee 3y agoThat wasn't how it was explained to me. As I understood it, Honda Random American Subsidiary retained the benefit of the tax credit somehow, without (obviously) a personal income test. Whatever the case was, the overall effect was that I paid about the same price for the car as I would have paid if I had purchased it and received the EV rebate, for which I was not eligible.
- danans 3y agoCVRP has a function called CVRP Rebate Now (https://cleanvehiclerebate.org/en/dealer/rebate-now#rb-now-faq https://cleanvehiclerebate.org/en/dealer/rebate-now#rb-now-f...) that allows the dealer to credit the rebate as a down payment. It doesn't change the income eligibility requirements, and the purchaser/leasee has to pre-qualify (by confirming income) 30-45 days before the vehicle purchase. Without that pre-qualification, the dealer can't get the money back from the CVRP.