frosty
03-19-2007, 06:44 PM
Note: This $1000 rebate on Patriots applies ONLY to two models of the Patriot listed below.... The rebate is to be paid during Fall 2007, according to the Press Release below.
1. 2WD 2.0L 4cyl CVT with 9.0L city/7.3L HWY rating
and
2. 2WD 2.4L 4cyl Manual with 9.0L city/7.2L HWY rating
--------------------------------------------------------
All other models of Patriots including all 4WD versions and
2WD 2.4L CVT model are NOT eligible for the rebate given that their combined mileage (55% city/ 45% HWY) exceeds the 8.3L/100km maximum....
PRESS RELEASE:
Incentives for Purchasing More Fuel-Efficient Vehicles
To increase consumer purchases of more efficient advanced technology vehicles before the new fuel-efficiency standards take effect in 2011, Budget 2007 proposes a new Vehicle Efficiency Incentive (VEI) structure that will cover the full range of passenger vehicles available today. The VEI will have three distinct components and come into effect March 20, 2007:
1. A performance-based rebate program offering up to $2,000 for the purchase of a new fuel-efficient vehicle.
2. Neutral treatment of a broad range of vehicles with average fuel efficiency that are widely purchased by Canadians.
3. A new Green Levy on fuel-inefficient vehicles.
New Rebate for Fuel-Efficient Vehicles
Current models qualifying for the rebate will include hybrid electric vehicles, conventional fuel efficient vehicles and the most efficient of the E-85 fuel and flex fuel vehicles. The list of eligible vehicles will be established by Transport Canada by combining the city and highway fuel-efficiency ratings.
The thresholds will be based on a combined 55 per cent city and 45 per cent highway rating. Initially, new automobiles with a combined fuel consumption rating of 6.5 L/100 km or less and minivans, sport utility vehicles (SUVs) and other light trucks with fuel consumption of 8.3 L/100 km or less will be eligible for a rebate.
These thresholds will be reviewed periodically. The basic rebate amount will be $1,000, and an additional $500 will be added for each half litre per 100 km improvement in the combined fuel-efficiency rating of the vehicle below these thresholds. The maximum rebate value will be $2,000. Efficient E-85 fuel vehicles will be eligible for a rebate of $1,000. Eligible new vehicle purchases or leases as of March 20, 2007, will qualify for the rebate.
Table 3.1
Illustrative List of Eligible Vehicles
for the 2007 Model Year
-------------------------------------------
Combined Fuel
Consumption1 New Rebate
------------------------------------------------------------
(L/100 km)
(dollars)
Toyota Prius 4.1 Rebate $2,000
1.5L, 4 Cyl, Regular Unleaded Gasoline, CVT2
Honda Civic Hybrid 4.5 rebate $2,000
1.3L, 4 Cyl, Regular Unleaded Gasoline, CVT
Toyota Corolla 6.3 rebate $1,000
1.8L, 4 Cyl, Regular Unleaded Gasoline,
5-Speed Manual
Mini Cooper M6 6.5 rebate $1,000
1.6L, 4 Cyl, Regular Unleaded Gasoline,
6-Speed Manual
Ford Escape HEV 4x4 7.4 rebate $2,000
2.3L, 4 Cyl, Regular Unleaded Gasoline, CVT
Saturn Vue Hybrid 7.9 rebate $1,000
2.4L, 4 Cyl, Regular Unleaded Gasoline,
4-Speed Automatic
Jeep Patriot 8.2 rebate $1,000
2.4L, 4 Cyl, Regular Unleaded Gasoline,
5-Speed Manual
Chevrolet Impala 12.33 rebate $1,000
3.5L, 6 Cyl, E85
Flex Fuel Vehicle
Chrysler Sebring 13.03 rebate $1,000
2.7L, 6 Cyl, E85
Flex Fuel Vehicle
----------------------------------------------------------
1 Combined 55 per cent city/45 per cent highway fuel consumption rating based on data published in Natural Resource Canada’s 2007 Fuel Consumption Guide.
2 Continuous/variable/transmission.
3 Fuel consumption rating based on use of E85 fuel Greenhouse gas emissions per kilometre of travel with E85 are approximately 40 per cent lower than for regular unleaded gasoline.
More information on the program, including the vehicles eligible for the rebate, will be published on Transport Canada’s website (www.tc.gc.ca). The lists of eligible vehicles will be updated as information on new vehicle fuel-efficiency ratings becomes available. Consumers purchasing or leasing (long-term leasing for a period of at least 12 months) an eligible vehicle should keep a proof of purchase or a copy of the lease agreement. Consumers will be asked to show proof of registration, in Canada, of the new vehicle.
While the introduction of rebates for eligible fuel-efficient vehicles is proposed to take effect March 20, 2007, the payment of rebates will be made once administration and delivery systems have been put in place. The Government is aiming to make rebate payments by fall 2007.
New Green Levy on Fuel-Inefficient Vehicles
For new passenger vehicles (excluding trucks) with fuel-efficiency ratings of 13.0 L/100 km or more, the incentive structure will include a new Green Levy on these vehicles, payable by the manufacturer or importer when vehicles are delivered into the Canadian market. The fuel-efficiency rating will be based on the same combination of city (55 per cent) and highway (45 per cent) fuel consumption ratings used to establish the parameters for the rebate.
The new Green Levy will start at $1,000 for passenger vehicles with combined fuel-efficiency ratings of at least 13.0 L/100 km but less than 14.0 L/100 km. The rate will increase in $1,000 increments for each full litre per 100 km increase in the combined fuel-efficiency rating above the 13.0 L/100 km floor, to a maximum of $4,000, for vehicles with ratings of 16.0 L/100 km or more.
The levy will apply to new vehicles delivered by a manufacturer or importer to a purchaser (usually a dealer) after March 19, 2007. Inventories of vehicles held by dealerships will not be subject to the new Green Levy. Certain consumer purchase contracts entered into before March 20, 2007, will also be grandfathered. With the introduction of the new levy, the existing excise tax on heavy vehicles will be eliminated effective March 20, 2007.
Table 3.2
Vehicle Efficiency Incentive (VEI) Structure
------------------------------------------------------
New Rebate
New Green Levy
-------------------------------------------------------
Fuel Efficiency1 Cars Minivans
SUVs and
light trucks
----------------------------------------------------
(L/100 km) (dollars)
5.5 or less rebate car $2,000 rebate suv/van/truck $2,000
5.6 – 6.0 rebate car $1,500 rebate suv/other $2,000
6.1 – 6.5 rebate car $1,000 rebate suv/other $2,000
6.6 – 7.3 rebate car $0 rebate suv/other $2000
7.4 – 7.8 rebate car $0 rebate suv/other $1500
7.9 – 8.3 rebate car $0 rebate suv/other $1000
8.4 – 12.9 NO REBATE or TAX
13.0 – 13.9 Tax $1,000
14.0 – 14.9 tax $2,000
15.0 – 15.9 tax $3,000
16.0 or more tax $4,000
-----------------------------------------------------------------
1 Vehicle fuel efficiency is based on combined 55 per cent city/45 per cent highway fuel consumption ratings.
1. 2WD 2.0L 4cyl CVT with 9.0L city/7.3L HWY rating
and
2. 2WD 2.4L 4cyl Manual with 9.0L city/7.2L HWY rating
--------------------------------------------------------
All other models of Patriots including all 4WD versions and
2WD 2.4L CVT model are NOT eligible for the rebate given that their combined mileage (55% city/ 45% HWY) exceeds the 8.3L/100km maximum....
PRESS RELEASE:
Incentives for Purchasing More Fuel-Efficient Vehicles
To increase consumer purchases of more efficient advanced technology vehicles before the new fuel-efficiency standards take effect in 2011, Budget 2007 proposes a new Vehicle Efficiency Incentive (VEI) structure that will cover the full range of passenger vehicles available today. The VEI will have three distinct components and come into effect March 20, 2007:
1. A performance-based rebate program offering up to $2,000 for the purchase of a new fuel-efficient vehicle.
2. Neutral treatment of a broad range of vehicles with average fuel efficiency that are widely purchased by Canadians.
3. A new Green Levy on fuel-inefficient vehicles.
New Rebate for Fuel-Efficient Vehicles
Current models qualifying for the rebate will include hybrid electric vehicles, conventional fuel efficient vehicles and the most efficient of the E-85 fuel and flex fuel vehicles. The list of eligible vehicles will be established by Transport Canada by combining the city and highway fuel-efficiency ratings.
The thresholds will be based on a combined 55 per cent city and 45 per cent highway rating. Initially, new automobiles with a combined fuel consumption rating of 6.5 L/100 km or less and minivans, sport utility vehicles (SUVs) and other light trucks with fuel consumption of 8.3 L/100 km or less will be eligible for a rebate.
These thresholds will be reviewed periodically. The basic rebate amount will be $1,000, and an additional $500 will be added for each half litre per 100 km improvement in the combined fuel-efficiency rating of the vehicle below these thresholds. The maximum rebate value will be $2,000. Efficient E-85 fuel vehicles will be eligible for a rebate of $1,000. Eligible new vehicle purchases or leases as of March 20, 2007, will qualify for the rebate.
Table 3.1
Illustrative List of Eligible Vehicles
for the 2007 Model Year
-------------------------------------------
Combined Fuel
Consumption1 New Rebate
------------------------------------------------------------
(L/100 km)
(dollars)
Toyota Prius 4.1 Rebate $2,000
1.5L, 4 Cyl, Regular Unleaded Gasoline, CVT2
Honda Civic Hybrid 4.5 rebate $2,000
1.3L, 4 Cyl, Regular Unleaded Gasoline, CVT
Toyota Corolla 6.3 rebate $1,000
1.8L, 4 Cyl, Regular Unleaded Gasoline,
5-Speed Manual
Mini Cooper M6 6.5 rebate $1,000
1.6L, 4 Cyl, Regular Unleaded Gasoline,
6-Speed Manual
Ford Escape HEV 4x4 7.4 rebate $2,000
2.3L, 4 Cyl, Regular Unleaded Gasoline, CVT
Saturn Vue Hybrid 7.9 rebate $1,000
2.4L, 4 Cyl, Regular Unleaded Gasoline,
4-Speed Automatic
Jeep Patriot 8.2 rebate $1,000
2.4L, 4 Cyl, Regular Unleaded Gasoline,
5-Speed Manual
Chevrolet Impala 12.33 rebate $1,000
3.5L, 6 Cyl, E85
Flex Fuel Vehicle
Chrysler Sebring 13.03 rebate $1,000
2.7L, 6 Cyl, E85
Flex Fuel Vehicle
----------------------------------------------------------
1 Combined 55 per cent city/45 per cent highway fuel consumption rating based on data published in Natural Resource Canada’s 2007 Fuel Consumption Guide.
2 Continuous/variable/transmission.
3 Fuel consumption rating based on use of E85 fuel Greenhouse gas emissions per kilometre of travel with E85 are approximately 40 per cent lower than for regular unleaded gasoline.
More information on the program, including the vehicles eligible for the rebate, will be published on Transport Canada’s website (www.tc.gc.ca). The lists of eligible vehicles will be updated as information on new vehicle fuel-efficiency ratings becomes available. Consumers purchasing or leasing (long-term leasing for a period of at least 12 months) an eligible vehicle should keep a proof of purchase or a copy of the lease agreement. Consumers will be asked to show proof of registration, in Canada, of the new vehicle.
While the introduction of rebates for eligible fuel-efficient vehicles is proposed to take effect March 20, 2007, the payment of rebates will be made once administration and delivery systems have been put in place. The Government is aiming to make rebate payments by fall 2007.
New Green Levy on Fuel-Inefficient Vehicles
For new passenger vehicles (excluding trucks) with fuel-efficiency ratings of 13.0 L/100 km or more, the incentive structure will include a new Green Levy on these vehicles, payable by the manufacturer or importer when vehicles are delivered into the Canadian market. The fuel-efficiency rating will be based on the same combination of city (55 per cent) and highway (45 per cent) fuel consumption ratings used to establish the parameters for the rebate.
The new Green Levy will start at $1,000 for passenger vehicles with combined fuel-efficiency ratings of at least 13.0 L/100 km but less than 14.0 L/100 km. The rate will increase in $1,000 increments for each full litre per 100 km increase in the combined fuel-efficiency rating above the 13.0 L/100 km floor, to a maximum of $4,000, for vehicles with ratings of 16.0 L/100 km or more.
The levy will apply to new vehicles delivered by a manufacturer or importer to a purchaser (usually a dealer) after March 19, 2007. Inventories of vehicles held by dealerships will not be subject to the new Green Levy. Certain consumer purchase contracts entered into before March 20, 2007, will also be grandfathered. With the introduction of the new levy, the existing excise tax on heavy vehicles will be eliminated effective March 20, 2007.
Table 3.2
Vehicle Efficiency Incentive (VEI) Structure
------------------------------------------------------
New Rebate
New Green Levy
-------------------------------------------------------
Fuel Efficiency1 Cars Minivans
SUVs and
light trucks
----------------------------------------------------
(L/100 km) (dollars)
5.5 or less rebate car $2,000 rebate suv/van/truck $2,000
5.6 – 6.0 rebate car $1,500 rebate suv/other $2,000
6.1 – 6.5 rebate car $1,000 rebate suv/other $2,000
6.6 – 7.3 rebate car $0 rebate suv/other $2000
7.4 – 7.8 rebate car $0 rebate suv/other $1500
7.9 – 8.3 rebate car $0 rebate suv/other $1000
8.4 – 12.9 NO REBATE or TAX
13.0 – 13.9 Tax $1,000
14.0 – 14.9 tax $2,000
15.0 – 15.9 tax $3,000
16.0 or more tax $4,000
-----------------------------------------------------------------
1 Vehicle fuel efficiency is based on combined 55 per cent city/45 per cent highway fuel consumption ratings.