New Car Rebate Blogs
Electric Car Rebate Incentive Was Not Cancelled in California
Due to the big state’s budget crisis, California’s excellent program for electric car buyers (offering a great rebate) was really closed to disappearing this week. Luckily for new buyers and for the environment, the rebate survived and it will be for a maximum of $2.500, which might disappoint some buyers as last year’s incentives reached double that amount.
2011 is the third year for this amazing program and CARB has announced that about $40 million will be given in funds. This amount will be distributed amongst zero emissions trucks and buses, plug in cars and some technology demonstrations.
Besides this incentive, the $7.500 federal income tax credit will also be given to electric car buyers, only that this amount will be returned when you do your taxes next year.
If you like to receive a free price quote and check on amazing rebates and incentives, please go ahead and visit our website at CarDealerRebates.com
