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      07-28-2022, 09:42 AM   #21
jayp98
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Drives: Tesla Model 3
Join Date: Dec 2021
Location: Northeast USA

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Originally Posted by ArchieV View Post
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Originally Posted by Flamesofgold View Post
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Originally Posted by ArchieV View Post
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.
What did they pass in NJ? Asking for a friend
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.
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
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