Washington State’s 2024 Instant EV Rebate

Washington State’s 2024 Instant EV Rebate: Affordable Electric Vehicles for Eligible Residents

Washington State is launching an exciting initiative to help lower-income residents transition to electric vehicles (EVs): the 2024 Instant EV Rebate Program. Starting August 1, 2024, this program aims to make EVs more affordable for Washington residents who meet specific income requirements. Here’s what you need to know if you’re considering an EV purchase or lease from Dick Hannah Dealerships in Vancouver, Washington.

Key Details of the Program

Program Duration and Budget

Dates: August 1, 2024 – May 31, 2025 (or until funds are exhausted)

Budget: $44,725,000

Rebate Amounts

• New EV Lease (3 years or longer): $9,000
• New EV Lease (Less than 3 years): $5,000
• New EV Purchase: $5,000
• Used EV Purchase/Lease: $2,500

Eligibility Requirements

For Vehicles:

• Must be a fully battery electric four-wheel passenger vehicle.
• Total cash price, including all options, must be under $90,000.
• Gross Vehicle Weight Rating (GVWR) must be under 10,000 lbs.
• The vehicle must have been originally manufactured as an EV (no conversions).

For…