What Lexus Hybrid Incentives Are Available in California?

For many car shoppers, high gas prices and rising temperatures are incentives enough to switch to a hybrid or EV. However, federal, state, and local financial incentives are undeniably attractive as well. Keyes Lexus will guide you through the Lexus RX hybrid incentives available to you.

What Are the Lexus RX Hybrid Incentives

The Californian government has a tax rebate program for drivers who buy electric cars, fuel cell vehicles, hybrids, or plug-in hybrid vehicles (PHEV). The rebates are as follows:

The standard rebate for fuel cell electric vehicles is $4,500, and the increased rebate is $7,000. For fully-electric cars, the standard rebate is $2,000, and the increased rebate is $4,500. The standard rebate for plug-in hybrid electric vehicles is $1,000, and the increased rebate is $3,500.

The increased amount for the rebate is attainable but depends on several factors, such as where you live in the state. To qualify, you must also meet the Clean Air Act criteria and mainly drive your vehicle in the United States. Remember, just because a car is a hybrid does not necessarily mean that you can get a rebate for it in California.

The vehicle also must be purchased new. For now, at least, you cannot buy a pre-owned vehicle and receive a rebate for it. You must complete Form 8936 and turn it in with your yearly tax returns to obtain the rebate. Please make sure you speak with a tax expert to learn more about how to get it and that you are getting the right amount back.

Electric and Plug-in Hybrid Lexus Vehicles

The selection of electrified Lexus vehicles includes the company's first all-electric vehicle, the Lexus RZ 450e, a PHEV in the form of the Lexus NX Plug-in Hybrid., and the first Lexus RX with plug-in hybrid capabilities as well. Your options to save now and at the pump make your next trip to Keyes Lexus an intelligent choice. We are happy to explain your rebate options, financing, and more, so visit us today.