Are you considering making the switch to an electric vehicle in Québec? If so, you’re in luck! The Québec government is offering substantial financial assistance to encourage the adoption of eco-friendly electric vehicles under the Roulez vert program.
In this article, we’ll discuss the details of the financial assistance available, eligibility criteria, and how you can make the most of this opportunity to save big on your new electric vehicle purchase with the help of the Quebec EV rebate program.
The Roulez vert Program: Your Key to Savings
Under the Roulez vert program, Québec residents can receive generous financial incentives when purchasing or leasing eligible new electric vehicles. The program aims to promote sustainable transportation and reduce greenhouse gas emissions, making it a win-win for both the environment and your wallet.
How Much Financial Incentive Can You Receive?
The amount of financial assistance you can obtain depends on the type of electric vehicle you choose:
If you opt for a fully electric vehicle, you can benefit from the maximum government rebate of $7,000. This significant incentive is designed to make electric cars an attractive choice for environmentally conscious consumers.
For those considering a plug-in hybrid vehicle, the government offers a rebate of either $5,000 or $2,500, depending on the vehicle’s specifications. This flexibility ensures that a wide range of electric vehicles remains accessible to Québec residents.
If you’re interested in cutting-edge hydrogen-powered vehicles, you can receive a substantial $7,000 government rebate to support your choice.
Motorcycle enthusiasts are not left out; the Roulez vert program provides a $2,000 rebate for electric motorcycles, making green transportation options even more attractive.
For those seeking more compact electric options, such as electric scooters, the program offers a $500 rebate to encourage sustainable mobility in urban areas.
Eligible Vehicles and Quebec EV Rebates
It’s essential to consult the detailed list of new electric vehicles eligible for the Roulez vert program to determine the exact amount of the rebates when purchasing and leasing vehicles. Ensuring your chosen vehicle meets the program’s criteria is key to maximizing your savings.
Here, you find the list of eligible vehicles for the Quebec EV rebate.
Requirements of New Vehicle Purchases for Quebec EV Rebate
To qualify for inclusion on the list of eligible new vehicles for the Quebec EV rebate, your vehicle must meet the following conditions:
- It must be registered for the first time in Quebec.
- It must not have been previously registered outside Quebec.
- It must be purchased or leased for a duration of 12 months or more within Canada.
As such, you have the flexibility to purchase your new vehicle from a Quebec-based dealer, a dealer in another Canadian province, or through the Canadian website of an automaker, provided you adhere to all program conditions.
Calculating Applicable Taxes for Quebec EV Rebate
Keep in mind that the applicable taxes are calculated based on the vehicle’s price before the government rebate is applied. This means that the financial assistance you receive won’t affect your tax obligations.
To verify your vehicle’s eligibility and the amount of financial assistance, the date of registration in your name is what matters. Regardless of when you purchase or order the vehicle, it’s the registration date that counts. So, be sure to plan your registration accordingly to maximize your benefits.
Convenient Payment Options
Getting your hands on the financial assistance is hassle-free. If you make your purchase through a dealership, they can apply the government rebate to your contract, eliminating the need to wait for the funds.
However, if you prefer a more hands-on approach or your dealer can’t assist, you can personally claim financial assistance through the program’s online services. Rest assured, you’ll receive your funds after your application is approved, usually within a few weeks.
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Say No to Dealer Administration Fees
When applying for the government rebate, your dealer should not charge any administration fees. If you encounter such fees, you have the option to refuse and submit your application for financial assistance through the program’s online services.
Stay Informed
It’s essential to stay updated on the Roulez vert program’s conditions and potential modifications to the financial assistance amounts. The Québec government may adjust the program as needed, so periodically check the “About the Roulez vert program” section for the latest information.
Federal Government Bonus
In addition to Québec’s generous incentives, the federal government also offers a subsidy of up to $5,000 for the purchase or leasing of a new electric vehicle. This bonus is added to the Québec government rebate, further enhancing your savings.
Make an eco-conscious choice while maximizing your financial benefits by taking advantage of these substantial incentives for new electric vehicles in Québec. Embrace a greener future and enjoy significant savings on your electric vehicle purchase or lease today!
Don’t miss out on the opportunity to drive change and savings simultaneously. Your electric vehicle journey starts here!
Recent Changes to the Quebec EV Rebate Program
- The maximum manufacturer’s suggested retail price (MSRP) threshold for a new electric vehicle to qualify for financial assistance has been raised from $60,000 to $65,000. This change applies retroactively to all-electric vehicles registered as eligible since April 1, 2022.
- The comprehensive list of new electric vehicles that meet the eligibility criteria has been recently revised.
- Additionally, a new restriction has been introduced, limiting each dealership to submit a maximum of two applications per financial year for electric vehicles registered under the dealership’s name.
Quebec EV Rebates for Home Charging
- Individuals applying must now cover a minimum cost of $600, exclusive of applicable taxes, for the acquisition and installation of charging stations.
- Financial support is currently accessible for extended rentals (36 months or more) of charging stations.
Key Takeaways:
- The Québec government offers substantial financial assistance for new electric vehicles under the Roulez vert program.
- The amount of financial assistance varies depending on the type of electric vehicle chosen.
- Eligibility and the amount of assistance are determined by the vehicle’s registration date.
- Payment options are convenient, whether through a dealership or the program’s online services.
- Be aware of potential modifications to the program’s conditions and amounts.
- Federal government incentives further boost your savings on electric vehicle purchases or leases.