Used EVs and CHEAPR Incentives
The used car market, in general, is more than double that for new vehicles. That does not appear to be the case for EVs to this point. CHEAPR Likely to Implement Used EV Incentive in … Read more
CHEAPR
CHEAPR Rebates Close Out a Slow Q2 – Will They Make Changes?
37 CHEAPR rebates in June This tepid number was only slightly higher than the 27 in May, closing the quarter with a soft 81 rebates total and 275 for the first half of the year. … Read more
Show us Dealership-Level Data
Dealership Data Request The club regularly gets requests for dealer recommendations. Usually, this follows a poor dealership experience. We have an informal list of some dealers that have been recommended by members, but it is … Read more
CHEAPR Board Meeting Readout – Revised Incentive Proposal
The CHEAPR board virtually convened for their first meeting since late January to consider what the program should look like going forward. To briefly recap recent history, changes were made to the rebate parameters on … Read more
CHEAPR Rebates Continue at Slow Pace – May Update
CHEAPR Rebates Continue to Crawl – Revised Guidelines Needed UPDATE: CHEAPR Board Meeting Scheduled for July 17th. CHEAPR recently published updated stats through May 30. The recent trend continues. May rebates totaled 25. The breakdown … Read more
What if They Gave a Rebate and Nobody Came
Rebates at Lowest Level Ever The lowest number of monthly rebates since its inception has been awarded by CHEAPR in April 2020, a not so grand total of 13, down from 90 in March. There … Read more
CHEAPR Rebates Up as Car Sales Plummet
First Quarter Sales Results Were Terrible for the Industry, but a Sliver of a Silver Lining for EVs The first-quarter economic data were just released and as bad as expected (GDP down 4.8%) with worse … Read more
CHEAPR Update and COVID Outlook
CHEAPR Rebates – The Doldrums Continue Given the after-effects of the change in rebate parameters, the numbers seen in the graph were not a surprise. This information dates through the end of February, which is … Read more
CHEAPR Update with Data Through Jan 31
Updated Track of CHEAPR Rebates – Data through 1/31/20 We have been keeping watch on rebate activity since the most recent change made to the CHEAPR rebate parameters, which lowered both incentives and price cap. … Read more
Ideas to Improve CHEAPR
Interesting Approaches to EV Incentives in Neighboring States This blog has published a number of articles about the recent changes in the CHEAPR program and how they have impacted rebates. Our feeling is that these … Read more