The Texas Commission on Environmental Quality (TCEQ) has announced that the rebate program for new plug-in vehicles is now accepting applications. The program provides a $2,500 rebate for the purchase or lease of a new plug-in hybrid or electric vehicle. Even better news: applications are being accepted retroactively for vehicles purchased on or after September 1, 2021! There are 2,000 rebates available for plug-in vehicles and they are offered on a first-come, first-served basis. Applications will be accepted until the rebates are depleted or January 7, 2023, whichever occurs first. Information on the program may be found here. Eligible vehicles are listed here. Instructions on how to apply and the forms you will need are here.
- Form 2 has to be signed by a representative of the dealership, from which you acquired the vehicle. Get this done when you purchase/lease the vehicle!!! (If you are working with a dealer I have trained, they should have copies of the forms waiting for you.)
- You will have to provide a copy of the vehicle title, if you are applying retroactively. If you are in the process of buying/leasing the vehicle, the dealership should provide you with a copy of the Application for Texas Title and Registration.
- There are other documents you will need to provide, but those are normally given to you at time of purchase (like the financing contract). If you paid cash, you’ll need a copy of the check. Make sure you include everything required by using the checklist in the form set.
- Finally, if you’re a car dealer or automotive salesperson, the last time this happened, I spent 5 hours calling my PHEV & EV customers that bought on or after the rebate’s retroactive start. I got NEW car deals, due to this (as well as cash gifts, my clients’ undying loyalty and referrals out the wazoo). Time to crank up the BDC!
Now, GO GET YOUR MONEY!!!
