Québec’s Budget 2017-2018 : $4000 incentive on used electric vehicles
Good news for Québec’s residents. A $4000 incentive on used electric vehicles !
The Québec government announces a $4000 incentive on used all electric vehicles in its 2017-2018 Economic Plan.
- Pilot project to promote the acquisition of used electric vehicles
With the aim of increasing the number of electric vehicles on our roads, the Québec Economic Plan includes a pilot project designed to analyze the impact of
adding used all-electric vehicles27 to the list of eligible vehicles under the Roulez vert program. The pilot project will be in effect from April 1, 2017, to
March 31, 2018. It will be implemented by Transition énergétique Québec; implementation details will be announced by the organization at a later date.
Project participants will consist of the first 1 000 applicants who acquire a used all electric vehicle that meets the following criteria:
— is between three and four years old;
— comes from outside Québec (to avoid having a Québec rebate on new vehicles applied more than once to the same vehicle);
— was bought or leased from an authorized dealer;
— comes with a warranty of at least three years or 40 000 km, and has been inspected and certified by an automobile manufacturer;28
— with a manufacturer’s suggested retail price below $125 000 if bought new.
The maximum rebate under this pilot project will be $4000, which is 50% of the financial assistance granted in the case of a similar electric vehicle if bought new. The project will have had a financial impact of $4 million in 2017-2018.
This initiative is part of the broader objective of making electric vehicles more accessible and affordable, and thereby support the goal of having 100 000 electric vehicles registered in Québec.