Toyota Confirms Prius Plug-In's Eligibility for an Additional State of California Consumer
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| Incentive and Its EPA Mileage Rating
As the 2012 Prius Plug-in models begin to arrive at dealerships, Toyota Motor Sales, Inc. announces that it has been approved for the State of California's Clean Vehicle Rebate Program (CVRP).
Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to the $2,500 Federal Tax credit¹ offered for qualified vehicles (more information available at: http://www.irs.gov/businesses/article/0,,id=219867,00.html). The 2012 Prius Plug-in also offers consumers eligibility for the State of California's HOV lane sticker (information found at http://www.arb.ca.gov/msprog/carpool/carpool.html).
The CVRP program offers rebates to individuals, business owners, non-profit groups, and government entities that purchase or lease new eligible zero-emission or plug-in hybrid electric vehicles. Under this program, the Prius Plug-in is eligible for a $1,500 rebate that will be provided to consumers on a first come first-served basis. These grants are available when a vehicle is either purchased or leased for 36 months or longer. The CVRP is funded by the California Air Resources Board (ARB). Additional information about the CVRP incentive and application resources can be found on the http://cvrp.energycenter.org website.