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Cuts Expected for CHEAPR in 2025

CHEAPR Rebates by Month thru 0824

The chart at the top of the post shows the number of rebates and amount of funds awarded monthly through August 2024. The reason for the dip in August is that there is only partial-month … Read more

Signs of Life for Income-Limited Rebates

Trend of Rebates thru Nov 29, 2023

Above chart is the monthly rebate trend through November 29, 2023. Recent months tend to get restated higher in subsequent updates. LMI Program Focus The CHEAPR program has always had a focus on making an … Read more

Rebates Set Another Monthly Record

CHEAPR Rebates by Month thru June 2023

Tesla Model Y Leads Rebated Vehicles CHEAPR set another record in June in terms of rebates awarded with 421 rebates, way exceeding the previous high water mark that occurred just one month prior of 286. … Read more

November CHEAPR

CHEAPR Rebates by Month Thru Nov 2022

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

October CHEAPR Update

CHEAPR rebates by month thru October 2022

Steady as She Goes – Rebates Have Plateaued for the Time Being CHEAPR rebates are up over 50% since the MSRP cap was raised in July. Rebates averaged 74 per month for the first half … Read more

Not So Fast

CHEAPR rebates by month thru September 2022

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

CHEAPR July 2022 Update

CHEAPR Rebates by Month Through July 2022

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