Toyota Prius Plug-In Hybrid Approved for California Clean Vehicle Rebate
Toyota confirmed today that the 2012 Prius Plug-In has been approved for the State of California’s Clean Vehicle Rebate Program (CVRP).
The CVRP is a consumer incentive made available in addition to the $2,500 Federal Tax credit for qualified vehicles. The 2012 Prius Plug-In has started to arrive at dealerships, and will also be eligible for the State of California’s HOV lane sticker.
The Prius Plug-In will be eligible for a $1,500 rebate that will be given to consumers on a first come, first serve basis. That rebate will be available to anyone who purchases or leases a Prius Plug-In for 36 months or longer.
The Prius Plug-In features a new Lithium-ion battery, boosting overall fuel economy and offers convenient charging times of only 2.5 to 3 hours using a standard 120-volt outlet, or 1.5 hours with a 240-volt outlet. The Plug-In also comes in an “Advanced” model which adds additional standard features of Premium HDD Navigation with Entune, Plug-In Hybrid Applications through a smartphone, Head-up Display, Dynamic Radar Cruise Control, and more.
The base MSRP for the Prius Plug-In Hybrid is $32,000 while the Advanced has an MSRP of $39,525. Both models are eligible for up to $4,000 in government-supported incentives – $2,500 federal tax credit and $1,500 CVRP.
A national rollout of Prius Plug-in is planned for 2013. At launch, the Prius Plug-in Hybrid will be available in the following 14 states:
- California
- Oregon
- Washington
- Arizona
- Maine
- Massachusetts
- Vermont
- New Hampshire
- Rhode Island
- Connecticut
- New York
- New Jersey
- Maryland
- Virginia.
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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Good times! I'll wait until my Honda Civic dies though before getting a plug-in hybrid