Canadian TCH Rebate Increases by $1500 - GreenHybrid

Droid13 · #1 (**permalink**) 03-19-2007, 08:40 PM

Several provinces currently offer tax rebates for the purchase of Hybrid vehicles ($2000 in Ontario). The latest federal budget now introduces a graduated rebate for fuel efficient cars, whether they be hybrids, E85s, or simply small and efficient. Based on the TCH's Cdn govt fuel rating, it should qualify for an additional $1500 of rebate over the existing provincial rebates.

Gas guzzling passenger cars will in kind be hit with new levies of between $1000 and $4000.

What remains to be seen is if the budget will survive with the minority govt. If you're in the market for a TCH in Canada, something you'll want to follow...

Sooty · #2 (**permalink**) 03-19-2007, 09:10 PM

Quote:

Originally Posted by Droid13

Several provinces currently offer tax rebates for the purchase of Hybrid vehicles ($2000 in Ontario). The latest federal budget now introduces a graduated rebate for fuel efficient cars, whether they be hybrids, E85s, or simply small and efficient. Based on the TCH's Cdn govt fuel rating, it should qualify for an additional $1500 of rebate over the existing provincial rebates.

Gas guzzling passenger cars will in kind be hit with new levies of between $1000 and $4000.

What remains to be seen is if the budget will survive with the minority govt. If you're in the market for a TCH in Canada, something you'll want to follow...

Unlikely to help anyone who's already purchased one though.

Not that I really expected anything.

camrydan · #3 (**permalink**) 03-20-2007, 05:32 AM

yes
and ontarios budget will be this thursday, hopefully the existing $2000 stays, maybe increases?
thanks
dan

SPL · #4 (**permalink**) 03-22-2007, 07:59 AM

Unfortunately, the Canadian federal budget's proposed rebate on 2007-model fuel-efficient vehicles (including hybrids) is not retroactive. I personally think that this is unfair. It penalizes those of us who had the initiative to purchase those very same current-model vehicles before March 20, in order to "encourage" more people to do so in the future. It's being largely paid for by the additional tax to be imposed on "gas guzzlers." The government should be encouraged to make the rebates retroactive on those fuel-efficient 2007 models.

Stan

Sooty · #5 (**permalink**) 03-22-2007, 08:09 AM

Quote:

Originally Posted by SPL

Unfortunately, the Canadian federal budget's proposed rebate on 2007-model fuel-efficient vehicles (including hybrids) is not retroactive. I personally think that this is unfair. It penalizes those of us who had the initiative to purchase those very same current-model vehicles before March 20, in order to "encourage" more people to do so in the future. It's being largely paid for by the additional tax to be imposed on "gas guzzlers." The government should be encouraged to make the rebates retroactive on those fuel-efficient 2007 models.

Stan

I thought that way at first but then thought if they do that then what is to stop buyers of fuel efficient vehicles made prior to the 2007 model year saying what about us. Then were do you stop.

So as unfair as it seems I can live with it and understand why it was done the way it was.

Steve

JTode · #6 (**permalink**) 03-22-2007, 08:23 AM

Did anyone really buy a hybrid because of the rebate anyways? The rebate just made a good thing better.

Sooty · #7 (**permalink**) 03-22-2007, 08:26 AM

Quote:

Originally Posted by JTode

Did anyone really buy a hybrid because of the rebate anyways? The rebate just made a good thing better.

I didn't as there were no rebates available when I bought mine.

So it didn't even enter in to the equation.

camrydan · #8 (**permalink**) 03-22-2007, 10:22 AM

hi
yes, and we will see if the ontario gvt keeps its $2000 rebate, maybe raises it, making more sense to buy a hybrid over a se v6 with every budget! $up to $3500 now!

im leaning more hybrid now than ever, i was on the fence, but im reading, even with my limited driving, its the right thing to do for me
thanks
dan

Droid13 · #9 (**permalink**) 03-22-2007, 12:28 PM

Quote:

Originally Posted by Sooty

I didn't as there were no rebates available when I bought mine.

So it didn't even enter in to the equation.

Yea, but you live in Alberta. They probably give gas away there free

Droid13 · #10 (**permalink**) 03-22-2007, 12:43 PM

Quote:

Originally Posted by SPL

Unfortunately, the Canadian federal budget's proposed rebate on 2007-model fuel-efficient vehicles (including hybrids) is not retroactive. I personally think that this is unfair. It penalizes those of us who had the initiative to purchase those very same current-model vehicles before March 20, in order to "encourage" more people to do so in the future. It's being largely paid for by the additional tax to be imposed on "gas guzzlers." The government should be encouraged to make the rebates retroactive on those fuel-efficient 2007 models.

Stan

How about a retroactive tax on the gas guzzlers...

"Hello Sir, this is the Canada Revenue Agency calling. We understand you recently bought a new car, a 2007 luxoboat XLST Special Anniversary Limited Edition from our records. How's that working out for you? ......... Excellent, well I'm happy to tell you sir that we'll be sending you a bill for $4000 to help pay for some tax breaks we're going to give to other people. Have a nice day".