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HOW YOU CAN TAKE ADVANTAGE OF THE GOVERNMENT OF CANADA'S $5,000 EV REBATE ON THE NISSAN LEAF


 

2019 Nissan Leaf Plus white

 

The Canadian federal government announced a $5,000 rebate for electric vehicle buyers as part of its 2019 budget, but the scope of the Zero-Emissions Vehicle Program doesn't take every electric vehicle into account.

 

Fortunately, the affordability of the Nissan LEAF means all versions of the second-generation Nissan EV fall under the government's $45,000 price barrier.

Here are the important facts to consider for EV shoppers who want to take advantage of a $5,000 rebate from the federal government.

 


2019 Nissan Leaf Plus


First, the rebate is applied at the point of sale. In this case, that means Centennial Nissan applies the discount and files all paperwork to be reimbursed, with no work or waiting on the part of the customer. 

 

Second, to benefit from the iZEV program, the LEAF can be purchased or leased. Yes, leased vehicles are eligible, but the rebate level is determined by the lease term. A 48-month lease means the full $5,000 rebate is applied, a 36-month lease allows for a $3,750 rebate, a 24-month lease drops the rebate to $2,500, and a 12-month lease provides a $1,250 rebate.

 

Third, only LEAFs purchased or leased on or after May 1, 2019, are eligible for the rebate. The iZEV program is not retroactive.

 

Fourth, individuals can only benefit from one iZEV rebate per year.

 

Fifth, the iZEV program's eligibility requirements for vehicles says the vehicles must be priced under $45,000. That price barrier, says Transport Canada, is in effect "even if delivery, freight and other fees, such as vehicle colour and add-on accessories, push the actual purchase price over these set limits." 

 

2019 Nissan Leaf Plus rear

 

The Nissan LEAF is priced from $40,698 in SV form. The $43,998 LEAF S Plus - with range of up to 363 kilometres, 214 horsepower, and quicker charging - is also obviously less than $45,000. But there are two other LEAFs that are also eligible for the program: the $46,598 LEAF SV Plus and $49,498 LEAF SL Plus.

The federal government has made it possible for upper trim level versions costing less than $55,000 to be eligible because of the sub-$45,000 entry price of the LEAF SV.

 

More LEAF | More Nissan | More Ignition |


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