gabo wrote: KSarge wrote:
gabo wrote:I was trying to contact the government to find out how much incentives they really provide and they always referring to $9,600 for Nissan Leaf, even though the 2016 SL MSRP is $40,548 and based on calculation it should be around $12,000.
Have you already received your incentive? Or would you know how much it is going to be?
We got the $8500 off at purchase of the Leaf SL on Feb 1, but have not received the retroactive cheque yet. From my interpretation, the Leaf SL has an MSRP of $40,548, so it should be eligible for $12,164, which would be the maximum 30%. So, we are expecting a cheque for $3,664.
I will report back to confirm.
Thanks, please do.
MTO replied to me after 3 weeks, stating following:
"The manufacturer applied to the program with a specific MSRP amount to each vehicle. That is the number the program used to determine the amount in the tables.
Not the MSRP given from each dealership to the customer.
The amount for each vehicle is a blanket amount. No calculations need to be completed. The table is used to determine the incentive."
I'm still hopping that they will pay the full 30% from $40,548.
Sorry for the delay, I don't seem to have notification turned on for this thread (but I selected it now).
I haven't received any update yet on the incentive, but here is the official policy:http://www.forms.ssb.gov.on.ca/mbs/ssb/ ... _Guide.pdf
Specifically, look at page 2:"Purchase incentives are not to exceed 30% of MSRP. The incentive value will be calculated based on the MSRP on the date of the purchase or lease.
Please note the following important information:
• The total value of the incentives cannot exceed 30% of the Manufacturer's Suggested Retail Price (MSRP). The incentive value will be calculated based on the MSRP on date of the purchase or lease."
MSRP is the base value of the each model and trim level exclusive of options, taxes, PDI and freight."
To me, that sounds pretty clear that they take into consideration the trim level of the vehicle to calculate the rebate amount. However, they use the MSRP amount (not the sale amount), which should generally be in the interest of the consumer.
I do agree that the whole process is very vague, though...