Federal and State Incentives for Plug-Ins, EV's

The IRS web site Qualified Vehicles Acquired after 12-31-2009 is incorrect for Toyota.

From Prius Team | PriusChat:

 

It probably wouldn't hurt to leave it alone and let the IRS to sort out their end.

 

From Toyota site...I used my local NY state zipcode, other state offers will vary.​

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Qualified Teachers can receive up to $4,650 when leasing a new 2012 Prius Plug In!​

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$1500 "Toyota Loves Teachers" Prius Plug In Lease Bonus Cash​

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$3,150 Lease Bonus Cash​

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Offer Ends 10/1/2012​

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Offer only valid for teachers grades K through 12 that are certified in
Connecticut, New York or New Jersey. Must present copy of valid teaching
certificate issued from a State Board of Education to qualify. Payment to cover
first month's lease payment only, up to $500. Leases on approved credit from
Toyota Financial Services. Some restrictions may apply. $250 gift cards from
Teacher Created Resources will be issued to the customer once the vehicle is
delivered. Gift card can only be applied towards inventory available through
Teacher Create Resources. Qualifying customers can expect to receive their
electronic gift card via email within five business days from the date their
information in entered by the dealer. See participating dealer for details. Offers
end 10/1/12.

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Lease a brand new 2012 Prius Plug-In for only $269 a month for 36​

months!​

$269.00 per month for 36 months​

$2399.00 due at signing​

Featuring a complimentary maintenance plan with roadside assistance.*​

Qualified teachers can receive up to $1500 "Toyota Loves Teachers" Prius Plug In​

Lease Bonus Cash​

Offer Ends 10/1/2012​

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Lease a new 2012 Prius for $269 a month for 36 months with $2,399 due at​

signing, which includes $2,130 down, $269 first month's payment and $0 security​

deposit. Example based on model #1235. Base MSRP excluding freight is $32,000.​

Monthly payments of $269 total $9684. Capitalized cost of $32,544 based on down​

payment and dealer participation which may vary by dealer. Lease-end purchase​

option is $17,600. $350 disposition fee due at lease end unless customer​

purchases vehicle or decides to re-finance through Toyota Financial Services. Lease​

does not include taxes, license, title fees, acquisition fee of $650, insurance,​

regionally required equipment and other dealers’ charges are extra and not​

included in the amounts shown. Closed-end lease. Payment may vary depending​

upon final transaction price. Customer responsible for maintenance, excess wear​

and tear and $0.15 per mile over 12,000 miles per year. To qualified Tier I+​

customers through Toyota Financial Services. Must take retail delivery by 10/1/12.​

*Featured lease payment includes the application of $3,150 TFS Lease Bonus​

Cash. Customers must lease through Toyota Financial Services. Not all lessees will​

be approved. *Offer only valid for teachers grades K through 12 that are certified​

in Connecticut, New York or New Jersey. Must present copy of valid teaching​

certificate issued from a State Board of Education to qualify. Payment to cover first​

month's lease payment only, up to $500. Leases on approved credit from Toyota​

Financial Services. Some restrictions may apply. $250 gift cards from Teacher​

Created Resources will be issued to the customer once the vehicle is delivered. Gift​

card can only be applied towards inventory available through Teacher Create​

Resources. Qualifying customers can expect to receive their electronic gift card via​

email within five business days from the date their information in entered by the​

dealer. See participating dealer for details. Offers end 10/1/12. *Covers normal​

factory scheduled service for 2 years or 25K miles, whichever comes first. The new​

Toyota vehicle cannot be part of a rental or commercial fleet or a livery or taxi​

vehicle. See participating dealer for complete plan details.​

 

Considering a new untitled plug in prius to replace my 2008 Prius.
My understanding is that The 4.4 kwh battery in the prius does not capture the full available tax credit due to low battery size.
Enginer now offers a range extender (8kwh) additional battery for the 2012 plug in Prius.
My question is if I have the 8kwh additional battery added before initial vehicle registration and title, can I capture the additional tax credit for the added battery. ($417 per kwh or $3,456). This tax credit addition would still be under the max $7500 but would go a long way to pay the $5500 of the Enginer plug in system cost.
Thanks - any advice appreciated.

 

Indiana gives you a sales/use tax exemption.

IN S 304
Provides a sales and use tax exemption for the purchase or lease of a new qualified plug-in electric vehicle if the retail transaction occurs from July 1, 2011, through December 31, 2016


I didn't research the actual Indiana website but found the info along with other states "click here".

 

This isn't any of the states you mentioned, but PA has a rebate program. It's only $1000 for the PIP, but hey, it's something! Details can be found at Alternative Fuels Incentive Grant

 

Nope, PA wasn't a launch state. I got mine in Maryland. But that's not to say PA dealerships haven't managed to get their hands on PIPs from another state.

 

I'm in MD - and just bought a 2012 Plug-In. Was told all of the tax credits have been 'used up'
Is that true?

 

so - there is no 'limit' to federal tax credits for each manufacturer?
the dealer seemed pretty certain...

 

I think the quota is 200,000 units for each manufacturer. There is no danger of it being exhausted any time soon

 

In the state of GEORGIA:

The Plug-in Prius qualifies for the Alternative Fuel TAG (single occ. HOV/ Free HOT lane access)
but DOES NOT qualify for the GA Alternative Fuel TAX CREDIT.
Makes no sense at all.

At least GA isn't willing to go into debt like some other States.

 

If you bought, not leased, and if you are the first purchaser of the car, and if you have income tax to offset, you are good to go on 2500.