Washington EV Rebates: Up to $9,000 More in Savings
Washington State is set to revolutionize electric vehicle (EV) ownership with significant rebates starting in August 2024. Whether you’re considering leasing or buying, new state incentives up to $9,000 are designed to make EVs more accessible and affordable for Washington residents. Governor Jay Inslee aims to accelerate the shift towards cleaner transportation options and enhance environmental sustainability.
Starting in August 2024, Washington will offer substantial rebates to motorists opting for electric vehicles. This initiative supports the state’s goal to reduce reliance on fossil fuels and expand the adoption of cleaner automotive technologies. Read below to see how you can qualify for the Washington EV instant rebate program!
Who is Eligible for the EV Rebate?
To qualify for these rebates, applicants must ensure compliance with several criteria:
- Vehicle Registration: The EV must be registered with the Washington Department of Licensing (DOL) for personal use at a residential Washington address.
- Income Limits: Applicants’ total annual household income must be at or below 300% of the federal poverty level.
Income Eligibility Chart:
| Number of People in Household | Maximum Total Household Income |
|---|---|
| 1 | $45,180 |
| 2 | $61,320 |
| 3 | $77,460 |
| 4 | $93,600 |
| 5 | $109,740 |
| 6 | $125,880 |
| 7 | $142,020 |
| 8 | $158,160 |
The name on your license, CEF, sale/lease agreement, and registration application must match.
Vehicle Eligibility for the EV Rebate
The types of rebates available for the Washington EV rebate program are the following:
- New EV Leases (3 year/36 Month or Greater): $9,000 instant rebate
- New EV Leases (Less than 3 Years): $5,000 instant rebate
- New EV Purchase: $5,000 instant rebate
- Used EV Purchase/Lease: $2,500 instant rebate
Eligible vehicles for the rebate program must meet the following specifications:
- Fully battery electric four-wheel passenger vehicles only (no hybrids, plug-in hybrids, fuel-cell, motorcycles).
- MSRP of $90,000 or less.
- GVWR (Gross Vehicle Weight Rating) of 10,000 lbs or less.
- Originally manufactured as an EV (no conversions).
At our dealership, we proudly offer the Subaru Solterra EV, which can possibly qualify for the Washington EV rebates if they meet the specified conditions noted above. Our dealership has options that align with Washington’s rebate opportunities.
Visit Bud Clary Subaru in Longview Today
Ready to explore the benefits of electric driving with significant state rebates? Visit us at Bud Clary Subaru to find out more about our eligible EVs and how you can save big on your next electric vehicle purchase. Call us today at 360-938-6804 or contact our team for personalized assistance.
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