Thread: Govt Announcement on EV versus petrol today

Originally Posted by Kiwi Sapper

I see that what is filling in as for us as a Government until a real one comes along, has announced today that it is giving rebates to purchasers of electric and plug-in hybrid vehicles starting July 1, with up to $8625 for new vehicles and $3450 for used.

A link........ Nah. stuff it, tiny url has been misbehaving today so copy and paste this into THE ADDRESS ENTRY FIELD of your browser.

https://www.msn.com/en-nz/news/natio...ars/ar-AAKYUKn

HOWEVER......"Importantly the policy only applies to new and used cars arriving in New Zealand, so the existing second-hand market of cars that lower income families tend to purchase from will not be affected," says some pointless government minister.

So buy second hand stuff coming into NEW ZEALAND and get a rebate , but buy the same thing that is already here........Nah nothing

ALSO, I understand that the top rebate of $8625 only applies to purchases over $80,000........

In fact the amount of the rebate is LESS than the GST on it already so it is not 'costing ' them a cent. Especially when you consider it effectively doubles the gst on ICE vehicles imported which outnumber the electric ones by more than 10:1

So to clarify , 9 out of 10 cars will have about 10% added in tax, and the remaining 1 out of 10 will get a reduced GST component.....(they will give you part of the GST you have already paid back- but not all of it....) That is a TAX not a rebate. No new taxes.....What a load of shit.....