While automakers are stepping up efforts to build green and zero emissions vehicles, consumers may wish to look at current New York incentives and tax credits for hybrid and electric cars.
No Incentives/Rebates on Purchase of Hybrids and Electrics
At the present time, the state of New York does not have any approved incentives, rebates or tax credits available for consumer purchase of hybrid or electric vehicles. This may change as more such vehicles become available for sale in the state.
Free Home Charging Station
Coulomb Technologies’ ChargePoint America program offers an electric vehicle supply equipment (EVSE) incentive at no cost to individuals or entities within the metropolitan New York City area. To be eligible for a free home charging station, individuals living in the specified area must purchase a qualified electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV) and can apply for the ChargePoint America program at the dealership or with the manufacturer at the time of vehicle purchase.
For further details, see the ChargePoint America website.
HOV Lane Exemption
Through the Clean Pass Program, eligible electric vehicles and hybrid electric vehicles (HEVs) may use the Long Island Expressway HOV lanes – regardless of the number of vehicle occupants. Vehicles must display the Clean Pass vehicles sticker, which is available from the New York State Department of Motor Vehicles.
According to the New York State Department of Transportation, eligible vehicles for the Clean Pass program (see the site for a complete list) include:
- 2011 Toyota Prius
- Honda Civic Hybrid (model years 2006-2010)
- Honda FCX Clarity (model years 2008-2010)
- Tesla Roadster (model year 2008-2010)
Alternative Fuel Tax Exemption and Rate Reduction
According to New York State Tax law, the following fuels used exclusively to operate a motor vehicle engine are exempt from state sales and use taxes: E85, compressed natural gas, and hydrogen fuels. In addition, cities and counties in New York may reduce the sales and use tax imposed on 20 percent biodiesel blends (B20) to 80 percent of the diesel fuel tax rate. The exemption and rate reduction expire September 1, 2011.
What does all this mean for consumers who want to buy zero emission and hybrid vehicles? As more of these green vehicles become available, there may be more New York incentives and tax credits for hybrid and electric cars.
Be sure to also see if the vehicles you’re considering can qualify for a federal tax credit, deduction, or rebate. Here’s more info on new car tax credit, hybrid car tax credit, and electric car tax credit from the federal government. Also, make sure to check out the list of year-end new car deals, new car lease deals, and certified used car deals being offered by the car makers. Given the year-end and car manufacturers’ desire to sell more cars, there’s great deals to be had if you do your homework and are aware of all the incentives, discounts, rebates you can qualify for. Here’s some tips on year-end car buying strategy.