You don’t get the Federal rebate per se. Usually the manufacturer passes on most, or all of it in the form of an incentive. The NY state rebate is applied to the sale directly by the dealer. The deal must be completed at a participating NY state dealer by a NY State resident. The amount varies depending on the electric range of the car. Perhaps take a look at the Fusion Energi? People have had some decent luck getting good deals on those recently. The Volt (if you can still find it) is a tough one now because Chevy lost a good part of the Federal incentive when they hit a certain sales number. The Energi and Clarity I believe are still under that threshold.
There are a few additional plugs that you can look at…not sure if all are available in your area.
Prius Prime
Hyundai Ioniq, Sonata
Kia Optima
Benz c350e
…and some others that are probably too pricey to consider. Biggest bang for the $ may be on ev rather than plugin hybrid…if you can make it work.
You may also want to consider financing on the clarity.
You would be eligible to receive the full 7500 federal credit.
Resale value for hondas is generally good and if you sell it in two years you could be looking at a net cost equal to less than $200 monthly, judging conservatively.
I believe there was an additional $6-7.5k from honda that expired earlier this week. Some dealers were passing it on, some not.
One dealer quoted me the full additional discount others quoted zero of it, so YMMV.
If that has been extended and you can find the right dealer you could conceivably make money on a two year ownership/financing.
Obviously your abilty to be able to take full advantage of the federal credit will depend on your specific yearly tax liabilities which is something you can verify with your accountant.
I second that vote. I got a 530e a month ago for $446/mo + tax, $2500 DAS, 36/12 for a 56K MSRP vehicle. Of course, it is not as good of a deal as one Electric got. But, who can beat Electric!
The car is just amazing. I just wish the car had a little longer range. But, I use up the battery completely by the time I get home from work. So, it works well enough. I am getting almost 50 mpg for the driving that I am doing. The other plus is I can just plug into 110v with no charger overnight and take advantage of $0.09/kwh super off-peak rate. Six to 7 hours of charging is enough to top it up for each day.
The 530e has a great lease…too bad its ev range is fricking terrible. OP will need to consider what is the primary purpose of this car. If it’s to run on ev…good luck with that, if it’s to save some $ then there are better options, it he wants a premium phev sedan then there is no better choice at this time.
Electric, what you expect as residuals when you have fed and states credits hanging over them? Of course the residuals will reflect the free money.
There’s a contrast brewing here. Best PHEV’s to lease vs Best PHEV’s, period. Due to piss poor residuals most of the “Best PHEV” lease very poorly but might be a good purchase.
Meanwhile one that has a fairly high residual and has great incentives currently may not be class leading but you certainly get the best bang for your buck. (Seriously, the G30 5 is an awesome car on its own and in PHEV form is even better)