Prepare for your vehicle purchase

Get ready to use your incentives by learning about your options.

  • PHEV/EV* – Plug-In Hybrid Electric Vehicle utilizes power from a battery and an onboard gas powered generator (example Chevy Volt); Electric Vehicle is purely powered by a battery charged from an external electrical source (example Nissan Leaf)
  • Hybrid 35+* – Gas powered and electric motor vehicle with fuel economy of at least 35 MPG (example Toyota Prius Hybrid)
  • Mobility option – You have the option to replace your car with a qualified E-Bike or transit pass.

*(Model year must be 8 years old or newer. In 2024, eligible model years include 2017, 2018, and newer.)

Frequently Asked Questions

Can I purchase a pickup truck or minivan as my replacement vehicle?
There are now hybrid and plug-in hybrid pickup trucks, Jeeps and mini-vans that qualify for the program. If the vehicle is hybrid, the vehicle must meet a minimum of 35+mpg combined. Please note other trucks including suburbans and non hybrid or plug-in hybrid trucks do not qualify.

Can I purchase a gas or conventional  car as my replacement vehicle?
No, not available at this time.

Can I purchase a used car as my replacement vehicle?
Yes! We encourage our customers to find qualified used vehicles with low mileage. The car must be 2017 or newer.

What other requirements does the replacement vehicle need to meet?

  • Model year 2017 or newer
  • Less than 100,000 miles on the odometer – ideally less than 80,000 miles
  • Finance rate not to exceed 15.99%
  • No active vehicle safety recalls (Check vehicle recalls at nhtsa.gov)

After I buy my car, can I decide to sell it or trade it in later?

Yes, after 30 months.

Your contract will say: Participant shall operate the replacement vehicle for a period of not less than thirty (30) months from the date the vehicle is purchased, or Participant shall refund a pro-rated amount based on the number of years and/or days the vehicle was owned and operated by the Participant.

What if I buy the car and change my mind?

  • Used Vehicles have a minimum 3 day return period. Please verify with the dealership if they offer an extended return policy after 3 days.

  • A 5-day waiting period will be imposed after the close of purchase of the replacement vehicle before the retired vehicle is scrapped.

  • If you are purchasing a NEW and NOT a used car there is no return period. Please verify with dealership you are purchasing car with if they will offer a return option on a NEW car.
  • Once the retired car is destroyed there is nothing that can be done. Your only option is to proceed with the program or rescind from program entirely forfeiting your vehicle.

Vehicle Identification Number (VIN) Consistency with Check Request: If the VIN of the replacement vehicle is not the same on the day of the transaction as presented during the check request, we can no longer proceed with the transaction until a new check request is submitted for approval. For example, a new check request is required if the customer wishes to change the selected vehicle for another vehicle for a different color regardless if the new replacement vehicle is the same type. The new replacement vehicle and the new check request must be approved by the District prior to the scheduled transaction appointment. The check request process will need to be restarted. This can cause a delay in the new check request of an additional 4-6 weeks.

What is the mobility option?

You have the option to replace your car with a qualified E-Bike or transit pass

Can I have cash instead of a down payment check?
No. Our program only provides down payment checks as incentives for residents to purchase cleaner vehicles.

If I finance the car, can I pay off the loan early? Or do I have to pay it off as agreed on the dealership contract?
Financing the car or paying it off in cash is up to you.
Please check with the dealership or bank you are working with and ask if they have a pre-payment penalty.

Does Valley CAN help with the financing?

Valley CAN does not help make payments BUT our team can help you step by step into getting a loan through Self- Help Credit Union. Why Self- Help? Because they have an interest rate reduction of 0.25% – 0.50% for vehicles that are plug-in hybrid or fully electric vehicles.

If you would like more information feel free to reach out to our team:

loanteam@valleycan.org   OR  call/ text 559-392-4728

Can I lease a vehicle?

Yes, the lease period must be a minimum of 30- month lease term. The eligibility list maintained by the California Air Resources Board can be found here:  https://ww2.arb.ca.gov/ZEV-eligibility-list

 

 

Frequently Asked Questions

For Used cars:

Qualified vehicles and sales
    • To see if a vehicle is eligible for the used clean vehicle credit: Fueleconomy.gov      
    • To qualify, in addition to other requirements, a vehicle must have a sale price of $25,000 or less. Sale price includes all dealer-imposed costs or fees not required by law. It doesn’t include costs or fees required by law, such as taxes or title and registration fees.

Learn More

For the New cars:

If you place in service a new plug-in electric vehicle (EV) or fuel cell vehicle (FCV) in 2023 or after, you may qualify for a clean vehicle tax credit.

You may qualify for a credit up to $7,500 under Internal Revenue Code Section 30D if you buy a new, qualified plug-in EV or fuel cell electric vehicle (FCV).

Qualified vehicles
    • Click the button below to see if a vehicle is eligible for the new clean vehicle credit.
      Go to fueleconomy.gov
    • To qualify, in addition to other requirements, the vehicle’s manufacturer suggested retail price (MSRP) can’t exceed (MSRP is the retail price of the automobile suggested by the manufacturer, including manufacturer installed options, accessories and trim but excluding destination fees. It isn’t necessarily the price you pay.):
      • $80,000 for vans**, sport utility vehicles and pickup trucks**
      • $55,000 for other vehicles
        **(currently do not qualified under CCRA Program)

        Learn More

 

What additional incentives can PG&E customers qualify for?
Pre-Owned electric vehicles can qualify for up to a $4,000 rebate.
*You must reside at an address that PG&E covers and be a current customer.
Valley CAN will help you complete and submit the application after the purchase of your replacement vehicle. More info about this program  HERE. 
Please call us at 559-404-0255 for more information.

What additional incentives can SoCal Edison customers qualify for?
Pre-Owned electric vehicles can qualify for up to a $4,000 rebate.
*You must reside at an address that SCE covers and be a current customer. Valley CAN will help you complete and submit the application after the purchase of your replacement vehicle. Please call us at 559-404-0255 for more information.

Guide to Vehicle Replacement

Check out the educational video series and answers to frequently asked questions below for information about the vehicle replacement program. Please contact us for any further questions.