Author Topic: NJ only:Chevy Bolt (electric car) $55/$72 a month 36/10k miles with one pay  (Read 19387 times)

Offline coffeebean

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2018
  • Posts: 1972
  • Total likes: 402
  • DansDeals.com Hat Tips 7
  • Gender: Male
    • View Profile
  • Location: Connecticut
So you asked the pine belt rep to quote you with their costco discount?
Doesn't it work the opposite way where you need to go through costco?
Correct. No
I try to sound as intelligent as possible.

Offline Fish Tank

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Feb 2012
  • Posts: 695
  • Total likes: 77
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NJ
Check on Edmunds the incentives, residual, and MF for your zip code and trim, and compare to what he was quoting you.
. .  .And what do you do with that information? If dealerships disregard it, it wont help you.

Offline Fish Tank

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Feb 2012
  • Posts: 695
  • Total likes: 77
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: NJ
Correct. No
Interesting. So what's the breakdown? What's the costco discount?

Offline YitzyS

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jan 2015
  • Posts: 3724
  • Total likes: 7430
  • DansDeals.com Hat Tips 31
  • Gender: Male
    • View Profile
  • Location: Lakewood, NJ
Governor Phil Murphy's office just released this press release:



FOR IMMEDIATE RELEASE
July 6, 2021

ICYMI: NJBPU Launches Year 2 of Popular Charge Up New Jersey Electric Vehicle Rebate Program

Beginning Today, Customers Can Receive up to $5,000 Incentive at the Point of Purchase

TRENTON - The New Jersey Board of Public Utilities (NJBPU) opened Year 2 of its Charge Up New Jersey electric vehicle (EV) incentive program today taking one more step toward the  Murphy Administration’s goal of getting 330,000 EVs on the road by 2025. Charge Up New Jersey provides a rebate of up to $5,000 toward a new EV purchased or leased in New Jersey. The incentive is available exclusively as a “point-of-sale” rebate applied during the purchase or leasing process at dealerships and requires a valid New Jersey driver’s license to get started. Only EVs registered and purchased in New Jersey are eligible.

“Transportation is responsible for over 40 percent of the state’s greenhouse gas emissions, as well as harmful air pollution, which often disproportionately impacts overburdened communities,” said Joseph L. Fiordaliso, NJBPU President. “Electrifying the transportation sector is a core strategy of Governor Murphy’s Energy Master Plan because it will help tackle climate change while improving public health and air quality. Making EVs more affordable will encourage EV adoption and get us closer to 100 percent clean energy by 2050.”

According to the program’s administrator, Center for Sustainable Energy (CSE), more than 7,000 drivers utilized the incentive in Year 1. Due to the program’s overwhelming popularity, funding for Year 1 was completely committed by December 2020. Now, only EVs ordered, purchased, or leased after the Year 2 launch today are eligible to receive an incentive.

Year 2 of the Charge Up program builds upon the success of Year 1 and includes important modifications to the program to increase adoption, extend funding availability and encourage buyers who may not otherwise consider making the switch to electric. The program will be comprised of a two-tier incentive based on the final manufacturer’s suggested retail price (MSRP). EVs with an MSRP up to $45,000 are eligible for $25 for each mile of all-electric driving range as determined by the U.S. Environmental Protection Agency (EPA) ratings, up to $5,000. Eligible EV models with 200 miles or more of EPA-rated all-electric range receive the maximum amount. EVs with an MSRP between $45,000 and $55,000 receive $25 for each mile of all-electric EPA driving range, up to $2,000.  Incentives are limited to vehicles with a final MSRP of less than $55,000.

Qualifying vehicles include battery electric vehicles (BEVs), which offer all-electric range, zero emissions, lower fueling costs, and less maintenance, as well as plug-in hybrid electric vehicles (PHEVs), which offer limited all-electric range and an optional gas engine for extended travel without charging.

The Charge Up New Jersey program is funded on an annual basis with $30 million from the Plug-In Electric Vehicle Incentive Fund, which was established by the EV Act (N.J.S.A. 48:25-1 et seq.) and signed by Governor Murphy on January 17, 2020. The EV Act codified the goal of 330,000 registered light-duty electric vehicles in the state by 2025,  putting New Jersey on a path to a 100% clean energy future by 2050.

For more information and complete eligibility requirements, visit chargeup.njcleanenergy.com.
Monkeys don't fly unless you put them on airplanes

Offline coffeebean

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2018
  • Posts: 1972
  • Total likes: 402
  • DansDeals.com Hat Tips 7
  • Gender: Male
    • View Profile
  • Location: Connecticut
Interesting. So what's the breakdown? What's the costco discount?
MSRP of vehicle about $39,000 minus $8,000 instant rebate, Residual, $3,000 Costco, $1,500 Any Lease in household.
I try to sound as intelligent as possible.

Offline nanach09

  • Dansdeals Bronze Elite
  • *
  • Join Date: Dec 2012
  • Posts: 48
  • Total likes: 7
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: lakewood nj
Seacoast Chevy dealer said they don't have now in stock but they have a waiting list and its $4700 after all Rebates incl. Costco
For 36 months 10k miles

Offline coffeebean

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2018
  • Posts: 1972
  • Total likes: 402
  • DansDeals.com Hat Tips 7
  • Gender: Male
    • View Profile
  • Location: Connecticut
Seacoast Chevy dealer said they don't have now in stock but they have a waiting list and its $4700 after all Rebates incl. Costco
For 36 months 10k miles
That's pretty good, I called Woodbridge they said $6,890 after everything.
I try to sound as intelligent as possible.

Offline yelped

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2015
  • Posts: 6987
  • Total likes: 1453
  • DansDeals.com Hat Tips 26
    • View Profile
. .  .And what do you do with that information? If dealerships disregard it, it wont help you.
If you know the numbers, you can try pushing back by pointing out that the MF should be so and so, etc. They will usually give in.

Offline shragie1212

  • Dansdeals Silver Elite
  • **
  • Join Date: Nov 2019
  • Posts: 66
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: lakewoood
Does anyone know how much the hyundai ioniq is after the rebate?

Offline Jellybelly

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2016
  • Posts: 936
  • Total likes: 732
  • DansDeals.com Hat Tips 0
    • View Profile
Does anyone know the fine print of the Costco discount?
Is there any way I can use my brothers membership? We don’t live in same household

Offline Madreigis

  • Dansdeals Bronze Elite
  • *
  • Join Date: Dec 2012
  • Posts: 32
  • Total likes: 3
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Morristown NJ
Does anyone know the fine print of the Costco discount?
Is there any way I can use my brothers membership? We don’t live in same household

He can be the co-signer on the lease

Offline Jellybelly

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Aug 2016
  • Posts: 936
  • Total likes: 732
  • DansDeals.com Hat Tips 0
    • View Profile
Thanx!

Offline davidd75

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jan 2012
  • Posts: 2860
  • Total likes: 33
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: new jersey
Does anyone know how much the hyundai ioniq is after the rebate?

yea I remember last year the Ionic was pretty competitively priced and you could pay in installments

Offline davidd75

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jan 2012
  • Posts: 2860
  • Total likes: 33
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: new jersey
one hyundai dealership quoted me today approx $309 per month 0 down 36 months 10K  for Ionic including the nj rebate.
wow have times have changed :(

hopefully the deal will be better later in the year when they try to move their 2021 stock of cars?

Offline coffeebean

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2018
  • Posts: 1972
  • Total likes: 402
  • DansDeals.com Hat Tips 7
  • Gender: Male
    • View Profile
  • Location: Connecticut


hopefully the deal will be better later in the year when they try to move their 2021 stock of cars?
They will never have enough cars with this rebate because people are willing to pay for it even if it's very expensive

I try to sound as intelligent as possible.

Offline yelped

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Mar 2015
  • Posts: 6987
  • Total likes: 1453
  • DansDeals.com Hat Tips 26
    • View Profile
They will never have enough cars with this rebate because people are willing to pay for it even if it's very expensive
Not really. Hyundai only sold a total of 770 of Ioniq EVs in the US up till 2020. If you can wait I would wait until supply comes back, or keep on trying to shop and negotiate.

Offline refoelaron

  • Dansdeals Bronze Elite
  • *
  • Join Date: Apr 2015
  • Posts: 33
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: brooklyn
costco says you need to be a member by 05/31/2021, any way to sign up now and get it?

Offline avromie7

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Feb 2014
  • Posts: 6928
  • Total likes: 1444
  • DansDeals.com Hat Tips 6
    • View Profile
  • Location: Lakewood
costco says you need to be a member by 05/31/2021, any way to sign up now and get it?
Find a costco that opened after that date and sign up in store.
I wonder what people who type "u" instead of "you" do with all their free time.

Offline yaakovely

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Jun 2017
  • Posts: 408
  • Total likes: 46
  • DansDeals.com Hat Tips 5
    • View Profile
I really looked around and spoke with the dealership that gave these crazy prices last time around. Seems like there was some incentive from Chevrolet that ended. The cheapest I was quoted was about $200/mo after the 5k NJ EV rebate.
« Last Edit: July 08, 2021, 12:37:08 AM by yaakovely »

Offline coffeebean

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2018
  • Posts: 1972
  • Total likes: 402
  • DansDeals.com Hat Tips 7
  • Gender: Male
    • View Profile
  • Location: Connecticut


may be worth it since you get a $7,500 federal tax credit if you buy, in addition to other incentives.
I think you're wrong, if you look closely at the site, it's written that you can only get the $7,500 tax credit if you got the car way back.
I try to sound as intelligent as possible.