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Buying Guide

2nd Drive $900 Rebate

How it Works: Simply purchase a used EV from a participating dealer
& the 2nd Drive $900 discount will be applied to the sale! (Conditions Apply)
$ 900 Instant "Cash on The Hood" Discount if purchased from a participating local dealer as part of the sales agreement

OR

May be applied for after the purchase of a qualifying used EV from any auto dealer.

To qualify, the purchase must meet the following criteria:
  • Vehicle must be a plug in electric (BEV or PHEV), light duty, highway capable, passenger vehicle purchased from a licensed auto dealer.
  • Vehicle must be for personal and not business use & must not have had more than 2 previous owners.
  • Applicant must be a TMLP or MGED residential utility customer in good standing and register the car at the same address as the residential account.
  • For the instant rebate, purchase price must be under $15,000 after the incentive is applied. For after purchase rebate, the net sale price before taxes and fees must be no more than $15,899.
  • Vehicle purchase occurs between 2/15/20 and 12/31/21.
For Used EVs

Massachusetts State Rebate

For brand new electric vehicles purchased on/after January 1, 2020, via the
reestablished Massachusetts Offers Rebates for Electric Vehicles (MOR-EV) Program.
$ 1500-2500 Off the purchase or lease of a qualifying BEV or PHEV.

To qualify, the purchase must meet the following criteria:
  • Vehicle purchase price must be under $50,000
  • Buyers of fully electric vehicles can claim a rebate of $2,500.
  • For plug-in hybrids, the vehicle must have a minimum all electric range of 25 miles to qualify for a $1,500 rebate.
  • You can apply for the MOR-EV rebate as soon as you get your car. Rebates are typically issued within 75 days.
For New EVs

Federal EV Tax Credit

A federal EV tax credit may reduce your net cost to buy or lease a brand
new electric vehicle by as much as an additional $7,500.
$ 2500-7500 Off the purchase or lease of a qualifying BEV or PHEV.

  • Calculated as part of your tax return filing for the year of purchase and therefore is received by you typically between Feb – April of the following year as part of any tax refund you would receive.
  • For leased vehicles, the credit is taken by the leasing company and a portion of it passed on to the consumer as a lease cost reduction.
  • As a non-refundable type of tax credit, like a home mortgage interest deduction, eligibility is based on your annual tax liability, and you can’t roll over the credit to subsequent years.
  • The total amount of the credit is also based on the battery size of the vehicle, so some plug-in hybrid electrics may only qualify for a partial credit amount.
  • The credit also phases out per manufacturer after 200,000 vehicles are sold, so it’s important to verify the brand you choose to buy is still eligible.
For New EVs

Find a Local Dealership 2nd Drive Partner

For information on local, approved used car dealers, please visit the Participating Used Auto Dealers page.

Check Your Federal EV Tax Credit Eligibility

Check on the status of the federal EV tax credit phase out by manufacturer.

Energy New England

  • 5 Hampshire St., Suite 100
    Mansfield, MA 02048
  • 508-698-1200
  • 508-698-0222

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