KSarge
Posts: 18
Joined: Sat May 23, 2015 8:07 pm
Delivery Date: 06 Feb 2016
Leaf Number: 300464
Location: Milton, Ontario, Canada

Ontario increases EV incentive up to $14K!

Wed Feb 10, 2016 9:42 pm

Great news today, as we just bought a Leaf last week! It is apparently retroactive to Jan 1. 8-)

http://www.citynews.ca/2016/02/10/ontar ... tric-cars/

Kevin

gabo
Posts: 8
Joined: Mon Feb 29, 2016 12:58 pm
Delivery Date: 29 Feb 2016
Location: Ottawa, ON

Re: Ontario increases EV incentive up to $14K!

Mon Feb 29, 2016 1:06 pm

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?

Thanks.

KSarge
Posts: 18
Joined: Sat May 23, 2015 8:07 pm
Delivery Date: 06 Feb 2016
Leaf Number: 300464
Location: Milton, Ontario, Canada

Re: Ontario increases EV incentive up to $14K!

Mon Mar 07, 2016 9:40 pm

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?

Thanks.

Hi gabo,

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. 8-)

gabo
Posts: 8
Joined: Mon Feb 29, 2016 12:58 pm
Delivery Date: 29 Feb 2016
Location: Ottawa, ON

Re: Ontario increases EV incentive up to $14K!

Mon Mar 07, 2016 10:24 pm

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?

Thanks.

Hi gabo,

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. 8-)


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.

Gabo

KSarge
Posts: 18
Joined: Sat May 23, 2015 8:07 pm
Delivery Date: 06 Feb 2016
Leaf Number: 300464
Location: Milton, Ontario, Canada

Re: Ontario increases EV incentive up to $14K!

Sat Mar 12, 2016 8:57 pm

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?

Thanks.

Hi gabo,

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. 8-)


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.

Gabo


Hi Gabo,

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."


And...

"MSRP
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...

gabo
Posts: 8
Joined: Mon Feb 29, 2016 12:58 pm
Delivery Date: 29 Feb 2016
Location: Ottawa, ON

Re: Ontario increases EV incentive up to $14K!

Sun Mar 13, 2016 4:51 pm

Hi,

I agree with you - calculation should work, hopefully.

I am planning to get Nissan Leaf 2016 SV (or SL), but $3,000 difference between calculation and the MTO table are lot. So I'm waiting.

Nissan is ignoring my questions and asking me to talk to dealers - you probably know how knowledgable the dealers are about EV.
And MTO is responding as I quoted in my previous post.

Still I shouldn't complain - $9,600 is more than $8,500. I was ready to get the Leaf this spring. But now when I know that there is a chance to get $12,100 (for SL), I would rather wait couple of weeks or months.


You hinted in your post that you paid less than MSRP. I went through negotiation with Nissan in Ottawa, and the dealers didn't even discussed price less than MSRP. My initial negotiation started around 1,500 more than MSRP. They said that they include some "etching" and some service.... that is why they price is higher. We are now around MSRP when I said that I don't care about those extras.

I am not ready to sign the deal (because of this "not clear" Ontario incentives), but in your experience there is a room to push the price down below MSRP even for Leaf, right?


Thanks,

Gabo

KSarge
Posts: 18
Joined: Sat May 23, 2015 8:07 pm
Delivery Date: 06 Feb 2016
Leaf Number: 300464
Location: Milton, Ontario, Canada

Re: Ontario increases EV incentive up to $14K!

Sun Mar 13, 2016 8:22 pm

Well, the margins are pretty slim, so there is not a lot of negotiating room, but I did get a few hundred dollars off, plus they threw in a few accessories (winter mats, bumper protector). There are other accessories available but those are the ones which appealed to us.

I would strongly caution against extended warranties, or the new electronic rust protection they push now. I also don't really believe etching is all that useful anymore either.

I definitely would not pay ABOVE MSRP, particularly with gas prices where they are, it's not like there is a huge demand for EVs right now.

I will let you know what happens with the rebate.

Good luck!

gabo
Posts: 8
Joined: Mon Feb 29, 2016 12:58 pm
Delivery Date: 29 Feb 2016
Location: Ottawa, ON

Re: Ontario increases EV incentive up to $14K!

Fri Mar 18, 2016 12:10 pm

Hi,

Table with incentive amounts are updated on the MTO web site.

http://www.mto.gov.on.ca/english/vehicl ... bate.shtml

Gabriel

KSarge
Posts: 18
Joined: Sat May 23, 2015 8:07 pm
Delivery Date: 06 Feb 2016
Leaf Number: 300464
Location: Milton, Ontario, Canada

Re: Ontario increases EV incentive up to $14K!

Fri Mar 18, 2016 8:07 pm

gabo wrote:Hi,

Table with incentive amounts are updated on the MTO web site.

http://www.mto.gov.on.ca/english/vehicl ... bate.shtml

Gabriel

Nice! Great find. :D

kennethbokor
Posts: 2
Joined: Mon Mar 14, 2016 12:35 pm
Delivery Date: 30 Nov 2016

Re: Ontario increases EV incentive up to $14K!

Mon Mar 21, 2016 11:12 am

Also, some dealers are giving you the rebate up front in the form of a discount. Alta Nissan in Woodbridge ON does this, so you don't have to wait for the rebate cheque. They file the paperwork with you.

Return to “Canada”