2024 Tesla Model 3 Deals, Incentives & Rebates

The New Jersey Board of Public Utilities through the Charge Up New Jersey Electric Vehicle program offers a Standard Rebate of $2,000, or a total of $4,000 (which includes the Charge Up+ rebate for pre-qualified low-income applicants). Offer available to residents who purchase or lease a new eligible battery electric vehicle. Applicants receive this incentive at point-of-sale through participating New Jersey dealerships or showrooms. For Charge Up+, applicants must receive pre-qualification approval prior to purchase or lease. To qualify:

• MSRP of vehicle must not exceed $55,000.
• Must be a New Jersey resident. Active-duty military members stationed in New Jersey, but with permanent residency in another state, may use military orders as proof of residency.
• Remain a New Jersey resident for at least two (2) years after the Vehicle Transaction Date. Active-duty military members stationed in New Jersey with permanent residency in another state are exempt.
• Vehicle must be registered with the New Jersey Motor Vehicle Commission for a minimum of 36 consecutive months.
• Must retain ownership for a minimum of 36 consecutive months immediately after the vehicle purchase or lease date.
• If leasing, lease term must be at least 36 months.

Additional information:

• For the $4,000 (Standard Rebate combined with Charge Up+), applicants must meet one of the following criteria:
• Have a qualifying modified adjusted gross income (MAGI) based on their tax filing status.
• Participate in a qualifying state or federal income assistance program.
• Participants of Comfort Partners, Social Security Disability Insurance (SSDI), or Social Security are required to include a self-attestation of additional/unearned income.

To learn more, visit https://chargeup.njcleanenergy.com/