The New Car Dealers Association of BC (NCDABC) is pleased to support the recent provincial announcement of the $17 million in new vehicle incentive programs being made available for BC consumers through four projects.
The programs include point-of-sale incentives for qualifying new clean energy vehicles, rebates for home charging stations, infrastructure funding for public charging stations, and new funds for the successful BC SCRAP-IT Program.
Beginning December 1st, consumers will receive up to $5,000 off the before-tax price when they purchase or lease a qualifying new battery electric, fuel cell, plug-in hybrid electric or compressed natural gas vehicle. The $7.5 million Clean Energy Vehicle (CEV) Point of Sale Incentive Program is an initiative of the BC Ministry of Environment, LiveSmart BC and the New Car Dealers Association of BC.
It is intended to encourage and accelerate the sale of clean energy vehicles and technology innovation within British Columbia.
Vehicles currently qualifying under the CEV Incentive Program include the Chevrolet Volt, Mitsubishi iMiev, Nissan Leaf, Smart Fortwo, and Toyota Prius. Also included are fuel cell technology models such as the Mercedes-Benz B-class F-cell and Compressed Natural Gas models such as the Honda GX.
Pure battery powered electric vehicles such as the Leaf and iMiev have zero tailpipe emissions. Vehicles qualifying for the rebate are anticipated to cost as little as $300 per year in hydro costs compared to upwards of $1500 per year to fuel a gas powered car.
A new website hosted by the NCDABC, www.cevforbc.ca, to be launched December 1st along with the CEV Incentive Program, will serve as a central point for consumers wanting to learn more about eligible vehicles and incentives for each vehicle.