Quote:
Originally Posted by ArchieV
Quote:
Originally Posted by Flamesofgold
Quote:
Originally Posted by ArchieV
When the average price of a new vehicle, electric, ICE or otherwise is 48k now it's laughable that the sedan cutoff is 55k. Also to cap income on this rather than just offering a floating reduction is dumb. Good they're bringing the credit back I guess though.I live in NJ and they recently passed additional legislation as well.
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What did they pass in NJ? Asking for a friend
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Misspoke on the date (they previously passed on 1/7/20) adding a 4K credit. Doesn't appear to be any restrictions to vehicle type or income.
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The one passed in 2020 had no cap and a cash incentive of 5,000 but they since changed it over the last couple years and it is now a $4,000 max incentive with an MSRP cap of 55,000