1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Rebates 2020 Prime

Discussion in 'Prime Main Forum (2017-2022)' started by JGC61, Aug 30, 2019.

  1. JGC61

    JGC61 Active Member

    Joined:
    Mar 8, 2011
    214
    101
    6
    Location:
    Long Island
    Vehicle:
    2021 Prius Prime
    Model:
    Limited
    Are there any rebates for the 2020 prime.
    When I purchased my 2017 Prime Advanced the factory gave a $3,500 rebate, NY state $1,150 and the federal Government $ 4,000 tax rebate
     
    #1 JGC61, Aug 30, 2019
  2. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,784
    48,990
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    i think so, search for another thread on this created recently
     
    #2 bisco, Aug 30, 2019
  3. jb in NE

    jb in NE Senior Member

    Joined:
    Apr 13, 2018
    2,233
    1,596
    0
    Location:
    Nebraska
    Vehicle:
    2018 Prius Prime
    Model:
    Prime Premium
    The Federal rebate is the same for the current model ($4,502 non-refundable credit). State and dealer rebates vary by state and geographic region. You would need to check your state website for any changes.
     
    #3 jb in NE, Aug 30, 2019
  4. followingalex

    followingalex Junior Member

    Joined:
    Oct 4, 2017
    42
    18
    1
    Location:
    New York
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Premium
    say you buy the 2017 and filed for the credit when doing your taxes in 2018..
    now you sell your 2017 and buy a 2020 so next year, do you qualify for the credit? again?
     
    #4 followingalex, Sep 3, 2019
  5. smyles

    smyles Active Member

    Joined:
    Jan 1, 2019
    332
    229
    0
    Location:
    US
    Vehicle:
    2020 Prius Prime
    Model:
    XLE
    1 credit per each new car, so yes
     
    #5 smyles, Sep 3, 2019
  6. ziggy29

    ziggy29 Member

    Joined:
    Jun 27, 2018
    127
    64
    0
    Location:
    North Oregon Coast
    Vehicle:
    2018 Prius Prime
    Model:
    Prime Advanced
    Yes. As far as I can tell there is no limit to the credits you can take, knowing of course that this is a tax credit, meaning that if you get credit in excess of taxes otherwise owed, there is no benefit.
     
    #6 ziggy29, Sep 4, 2019
  7. jb in NE

    jb in NE Senior Member

    Joined:
    Apr 13, 2018
    2,233
    1,596
    0
    Location:
    Nebraska
    Vehicle:
    2018 Prius Prime
    Model:
    Prime Premium
    Specifically, this is a non-refundable credit. This limits the credit to the lesser of the credit amount or your Federal tax amount. There are refundable credits that are not limited to the Federal tax amount.
     
    #7 jb in NE, Sep 4, 2019
(You must log in or sign up to post here.)