Employer rebate of $3,000

itzakik · 06-07-2009, 06:24 PM

I just found out on Friday that my employer, Bank of America, has a hybrid discount program to encourage the purchase of a hybrid auto. All you have to do is fax in a bill of sale, showing that the employee is at least one of the buyers & within 90 days, a $3,000 rebate will be added to your paycheck. Of course it's taxed like other income but hey, it's still $3,000. I'd have never known about this if a co-worker hadn't stumbled across it & then clued me in. I got to thinking that perhaps other employers are doing the same so you might want to check it out. BofA has it running through the end of 2009 & it applies to a huge list of hybrids, even the Lexus!

gremlinperson · 06-10-2009, 12:17 AM

Just wanted to add that for BofA, it must be a brand new hybrid. They give the reimbursements for any of the cars that are/were IRS eligible -- even if they have been phased out from the IRS list.

I must say, this incentive worked on me and made my purchase possible. I am expecting delivery tomorrow of a new 2009, and I will immediately file for the $3k.

Check with your employers!

NoMoShocks · 06-10-2009, 12:26 AM

That's not fair! I owe Bank of America over $3000 so I should get the rebate as a customer. Don't they value their customers? I guess not.

06-07-2009, 06:24 PM	#1
itzakik Junior Member Join Date: Apr 2009 Posts: 9 My Car: 2009 Prius Model: N/A Package: #6 Touring Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Employer rebate of $3,000 I just found out on Friday that my employer, Bank of America, has a hybrid discount program to encourage the purchase of a hybrid auto. All you have to do is fax in a bill of sale, showing that the employee is at least one of the buyers & within 90 days, a $3,000 rebate will be added to your paycheck. Of course it's taxed like other income but hey, it's still $3,000. I'd have never known about this if a co-worker hadn't stumbled across it & then clued me in. I got to thinking that perhaps other employers are doing the same so you might want to check it out. BofA has it running through the end of 2009 & it applies to a huge list of hybrids, even the Lexus!

06-10-2009, 12:17 AM	#2
gremlinperson Junior Member Join Date: Jun 2009 Location: Charlotte NC Posts: 8 My Car: 2009 Prius Model: N/A Package: #5 Touring Thanks: 2 Thanked 0 Times in 0 Posts Friends: 0	Re: Employer rebate of $3,000 Just wanted to add that for BofA, it must be a brand new hybrid. They give the reimbursements for any of the cars that are/were IRS eligible -- even if they have been phased out from the IRS list. I must say, this incentive worked on me and made my purchase possible. I am expecting delivery tomorrow of a new 2009, and I will immediately file for the $3k. Check with your employers!

06-10-2009, 12:26 AM	#3
NoMoShocks Electrical Engineer Join Date: Jan 2007 Location: Camas, WA Posts: 1,219 My Car: 2010 Prius Model: IV Package: Solar Roof Thanks: 2 Thanked 49 Times in 31 Posts Friends: 1	Re: Employer rebate of $3,000 That's not fair! I owe Bank of America over $3000 so I should get the rebate as a customer. Don't they value their customers? I guess not.

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