GM Volt Forum banner
1 - 6 of 53 Posts

· Senior Member
Joined
·
2,530 Posts
More details are starting to emerge:

http://www.mto.gov.on.ca/english/vehicles/electric/modernized-evip-faq.shtml

• increase the current incentive range for electric vehicles from $5,000 - $8,500 to $6,000 - $10,000
• provide incentives linked to battery capacity ranging from 5 to 16 kilowatt-hours
• provide an opportunity to receive an additional $3,000 incentive for vehicles with a battery larger than 16 kilowatt-hours
• provide an additional $1,000 for vehicles with five or more seats
• cap incentives for vehicles priced from $75,000 to $150,000 at $3,000
• vehicles with MSRP over $150,000 not eligible

http://www.mto.gov.on.ca/english/vehicles/electric/electric-vehicle-rebate.shtml

The Volt qualifies for a rebate of $11,877
 

· Senior Member
Joined
·
2,530 Posts
So my dealer handled the rebate, I guess I have to speak to the dealer to get the extra cash?
It sounds like they'll send you a cheque for the difference as the EVIP incentive recipient.

"If an eligible electric vehicle was purchased/leased between November 10, 2015 and February 9, 2016 with a MSRP less than $75,000 as of the date of purchase/lease, the incentive is based upon the new February 10, 2016 incentive values. Where there is an increase between the old incentive amount and the new incentive amount, the incentive difference will be paid automatically to the EVIP incentive recipient."
 

· Senior Member
Joined
·
2,530 Posts
I'm not 100% confident in the Volt values listed on the website

all things being equal the 2016 volt should get $1,000 more because it's a 5 seater unlike the 2015, yet the 2015 has the same credit amount.

I think someone at the MTO got a little overexcited to publish and did not double check the figures.
I agree. I think there are many errors in the tables. As you say, the Gen 1 and Gen 2 Volt shouldn't be the same.

In general I can't make any sense of how the incentives for BEVs are calculated.
 

· Senior Member
Joined
·
2,530 Posts
I ordered mine on November 9. Picked it up Feb 10, 2016. :(

A single day!

However, the final revision of the Purchase Agreement says Feb 9, 2016. Which date do I go with?

I also signed the rebate application at the dealer during the pick up time.
You should be entitled to the additional incentive since you purchased (paid and took delivery) November 10 or later.

I think what will happen is that MTO will use your address information from the incentive form to send you the additional amount.
 

· Senior Member
Joined
·
2,530 Posts
They've published the program guide now.

http://www.mto.gov.on.ca/english/vehicles/electric/electric-vehicle-incentive-program.shtml

Looks like the reason that 2015 and 2016 Volts get the same incentive is that it maxes out at 30% of MSRP.

They appear to have capped the incentive based on the price listed at gm.ca ($39,590), which is actually inclusive of freight, A/C tax, and a $500 credit.

Calculating the way they say they're supposed to, based solely on MSRP exclusive of options, taxes, PDI and freight, the incentive should actually be $11,517 instead of $11,877 ($360 less).

For now we'll call that close enough for government work. It's possible the incentive will be reduced by $360 in the future, after they correct the calculation.
 
1 - 6 of 53 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top