Increase in Rebates Driven by Tesla Since the MSRP cap was increased in July 2022, there has been an increase in rebates as more models have become available. Somewhat predictably, it is driven mostly by … Read more
Updates on CHEAPR Implementation Almost one year ago, SB-4 was voted into law as Public Act 22-25, an environmental omnibus that made extensive changes to CHEAPR, the state EV purchase incentive program. The easiest change, … Read more
CHEAPR as a Proxy for EV-Friendly Dealers It is not unusual for a consumer to reach out to us, usually after a bad sales experience, and ask if we can recommend a dealership. We have … Read more
New CHEAPR incentives to arrive this year Expansions to CHEAPR, courtesy of Public Act 22-25, passed by the legislature last year, effective as of July 2022, implemented piecemeal as they are built, will see the … Read more
CHEAPR Rebates Dip in September It looked like we were on a roll with rebates having risen from 59 in June to 93 (implementation of higher MSRP cap) in July to 136 in August (restated … Read more
Rebates Increase Due to Higher MSRP Cap CHEAPR rebates rose to 115 in August, and July was restated to 92, up from 57 in June and the low point for this year in February of … Read more
New CHEAPR, Though Still A Slow Pace of Rebates There were 57 CHEAPR rebates awarded in July, the first month where the higher MSRP cap, now $50,000, was in effect. This was the same number … Read more
“Old CHEAPR” Quietly Ends – How Fast Will The New Program Ramp? June was a slow rebate month by any measure with just 57 rebates, of which 41 were PHEV. These numbers continue recent trends … Read more
$50K MSRP Cap Effective July 1 The first of the changes to the incentive program has been implemented as of July 1, namely an increase in the $42,000 MSRP cap to $50,000. This is still … Read more
Treading Water – Awaiting New Program Implementation The data for April have been posted, a low number of 51 rebates. We are in a holding pattern at this point as we await the particulars of … Read more