More info about New Jersey incentives for electric vehicle purchases:
if effect now:
- the 7% sales tax is waived.
- 10% discount applied to off-peak toll pricing on NJT and GSP (must apply through EZ-Pass)
- HOV lane use (in certain areas only)
if effect once the incentive program is in place (i believe they have 180 days to work out the details):
- up to $500 toward the installation of a home charger (sales tax waived on this too)
- up to $5000 rebate incentive for vehicles with a MSRP of $55,000 and under. (whether this is base MSRP or after options has to be clarified)
- the rebate can be applied towards the purchase/lease.
More information should be available when the incentive program details are finalized. check -->
www.drivegreen.nj.gov for updates.