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CHEAPR is EVolving!

The CHEAPR pilot program is currently transitioning to the new CHEAPR program established under Public Act 19-117. The new program will offer rebates for both new and used electric vehicles! The CHEAPR board is reassessing current program incentive levels for new EVs and evaluating the implementation of the used EV incentive component. Current incentive levels will remain in effect until the new CHEAPR program is launched later this year.  Stay tuned, incentive levels may change in 2020.

Eligible Vehicle Incentive Amounts

Incentives of up to $5,000 are available for eligible vehicles if sold by a licensed Connecticut franchised new automobile dealership1. Incentive amounts can vary based on the EPA rated electric range of each vehicle. Some of these vehicles may also benefit from a federal tax credit of up to $7,500, lowering the cost of the vehicle even more. Ask your dealer for more information.

Battery Electric Vehicles (BEVs)

A BEV is a vehicle that obtains all its power from energy stored in rechargeable battery packs. BEVs use electric motors and do not use an internal combustion engine...therefore burning no gasoline.

MSRP Cap: $42,000
Incentive Amounts: $1,500 - 200+ mile range, $500 - under 200 mile range

Plug-In Hybrid Electric Vehicles (PHEVs)

A PHEV is a vehicle that can be driven solely on electricity, powered by its internal rechargeable battery but also includes an internal combustion engine or electric generator powered by gasoline to extend the range of the vehicle.

MSRP Cap: $42,000
Incentive Amounts: $500 for all PHEVs

Fuel Cell Electric Vehicles (FCEVs)

A FCEV is a vehicle that is fueled with hydrogen but emits no pollutants, only water and heat. A fuel cell located in the car converts hydrogen to electricity which powers the electric motor to drive the vehicle.

MSRP Cap: $60,000
Incentive Amounts: $5,000 for all FCEVs

 

Eligible Vehicles

If you believe a vehicle should be included on this list, please Contact Us and let us know. If you are having problems viewing this list, please try a different browser or download the eligible vehicle list.

Chevrolet
Bolt

EV Range

238 Miles

MSRP:
CHEAPR:
Fed Tax Credit:3

$36,620
- $1,500
- $0

Estimated Cost:

$35,120

Chevrolet
Volt

EV Range / Total Range

53 Miles / 420 Miles

MSRP:
CHEAPR:
Fed Tax Credit:3

$33,520
- $500
- $0

Estimated Cost:

$33,020

Chrysler
Pacifica PHEV

EV Range / Total Range

33 Miles / 570 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$40,245
- $500
- $7,500

Estimated Cost:

$32,245

Fiat
500e

EV Range

84 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$33,460
- $500
- $7,500

Estimated Cost:

$25,460

Ford
Fusion Energi

EV Range / Total Range

26 Miles / 610 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$34,595
- $500
- $4,585

Estimated Cost:

$29,510

Honda
Clarity Fuel Cell

EV Range

230 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$369/mo.
- $5,000
- $0

Estimated Cost:

<$369/mo.

Honda
Clarity PHEV

EV Range / Total Range

47 Miles / 340 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$33,400
- $500
- $7,500

Estimated Cost:

$25,400

Hyundai
Ioniq Electric

EV Range

124 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$30,315
- $500
- $7,500

Estimated Cost:

$22,315

Hyundai
Ioniq PHEV

EV Range / Total Range

29 Miles / 630 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$25,530
- $500
- $4,543

Estimated Cost:

$20,307

Hyundai
Kona

EV Range

258 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$36,950
- $1,500
- $7,500

Estimated Cost:

$27,950

Hyundai
Nexo

EV Range

380 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$58,300
- $5,000
- $0

Estimated Cost:

$53,300

Hyundai
Sonata PHEV

EV Range / Total Range

28 Miles / 600 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$33,400
- $500
- $4,919

Estimated Cost:

$27,981

Kia
Niro Electric

EV Range

239 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$38,500
- $1,500
- $7,500

Estimated Cost:

$29,500

Kia
Niro PHEV

EV Range / Total Range

26 Miles / 560 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$28,500
- $500
- $4,543

Estimated Cost:

$23,457

Kia
Optima PHEV

EV Range / Total Range

29 Miles / 610 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$36,090
- $500
- $4,919

Estimated Cost:

$30,671

Kia
Soul EV

EV Range

111 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$33,950
- $500
- $7,500

Estimated Cost:

$25,950

Mini Cooper
Countryman PHEV

EV Range / Total Range

12 Miles / 270 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$36,900
- $500
- $4,001

Estimated Cost:

$32,399

Mitsubishi
Outlander PHEV

EV Range / Total Range

22 Miles / 310 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$35,795
- $500
- $5,836

Estimated Cost:

$29,459

Nissan
Leaf, 40kWh

EV Range

151 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$29,990
- $500
- $7,500

Estimated Cost:

$21,990

Nissan
Leaf S Plus, 62kWh

EV Range

226 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$36,550
- $1,500
- $7,500

Estimated Cost:

$27,550

Nissan
Leaf SV/SL Plus, 62kWh

EV Range

215 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$38,510
- $1,500
- $7,500

Estimated Cost:

$29,510

Smart
fortwo EQ Cabrio

EV Range

57 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$28,100
- $500
- $7,500

Estimated Cost:

$20,100

Smart
fortwo EQ Coupe

EV Range

58 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$23,900
- $500
- $7,500

Estimated Cost:

$15,900

Subaru
Crosstrek PHEV

EV Range / Total Range

17 Miles / 480 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$34,995
- $500
- $4,502

Estimated Cost:

$29,993

Tesla
Model 3 Std. Range Plus

EV Range

240 Miles

MSRP:
CHEAPR:
Fed Tax Credit:2

$39,990
- $1,500
- $0

Estimated Cost:

$38,490

Toyota
Mirai

EV Range

312 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$349/mo.
- $5,000
- $0

Estimated Cost:

<$349/mo.

Toyota
Prius Prime

EV Range / Total Range

25 Miles / 640 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$27,600
- $500
- $4,502

Estimated Cost:

$22,598

Volkswagen
eGolf

EV Range

125 Miles

MSRP:
CHEAPR:
Fed Tax Credit:

$31,895
- $500
- $7,500

Estimated Cost:

$23,895

 

Notes:

Data on this page is compiled from fueleconomy.gov and manufacturers' data and is for general informational purposes only. Data for vehicles labeled "coming soon" are estimates based on early reports and are not to be viewed as official. All prices, technical data points and features and figures may vary based on model year and trim level. Please visit the specific manufacturer websites or ask your dealer for the latest information about each vehicle.

EV Range is the approximate distance that can be traveled on a fully charged battery using electricity only. Range can vary greatly depending on driving and environmental conditions.

Total Range is the approximate total electric and gas range of the vehicle. Range can vary greatly depending on driving and environmental conditions.

Efficiency represents the number of miles the vehicle can travel using a quantity of fuel with the same energy content as a gallon of gasoline. This allows a reasonable comparison between vehicles using different fuels. For example, you can use MPGe to compare an electric vehicle with a gasoline vehicle; even though electricity used is obviously not measured in actual gallons.

1 The CHEAPR program is able to process rebate applications from individual consumers who purchase or lease an eligible vehicle directly from an original equipment manufacturer (OEM) that does not have licensed franchised new automobile dealers in Connecticut (e.g., Tesla). However, when such vehicles are authorized for sale or lease within Connecticut, applicants will be required to purchase or lease such vehicles from retail locations located within the state in order to be eligible for the CHEAPR program.

2 The federal income tax credit was lowered to $3,750 for any Tesla Model 3 delivered between January 1, 2019 and June 30, 2019. The credit dropped to $1,875 for any Tesla Model 3 delivered between July 1, 2019 and December 31, 2019. The federal income tax credit was eliminated for any Tesla Model 3 delivered on or after January 1, 2020.

3 The federal income tax credit was lowered to $3,750 for any Chevrolet Bolt or Volt delivered between April 1, 2019 and September 30, 2019. The credit dropped to $1,875 for any Chevrolet Bolt or Volt delivered between October 1, 2019 and March 31, 2020. The federal income tax credit was eliminated for any Chevrolet Bolt or Volt delivered on or after April 1, 2020.

 

Content last updated April 1, 2020