The federal government’s successful incentive program for zero-emissions vehicle purchases is running out of money and not slated for renewal, much to the dismay of environmental and industry groups.
Yeah, they announced Friday there was almost 72M left in the fund, so apparently they sold 16K cars this weekend and ran it dry. Except with the cancellation today, dealerships are being told that unless the car was delivered before the announcement, those people aren’t getting the credit. Since you usually don’t drive away in your car on the day you buy it, it sounds like lots of awkward calls are going out today. TC says they will dole out the remainder on a first come first serve basis, so some may get ot and others won’t. I wonder what happens to the money for those who still go through with their weekend purchase without the bonus. Huge windfall for the dealers when they get the rebate and don’t tell their customers?
Yeah, they announced Friday there was almost 72M left in the fund, so apparently they sold 16K cars this weekend and ran it dry. Except with the cancellation today, dealerships are being told that unless the car was delivered before the announcement, those people aren’t getting the credit. Since you usually don’t drive away in your car on the day you buy it, it sounds like lots of awkward calls are going out today. TC says they will dole out the remainder on a first come first serve basis, so some may get ot and others won’t. I wonder what happens to the money for those who still go through with their weekend purchase without the bonus. Huge windfall for the dealers when they get the rebate and don’t tell their customers?