Electric vehicles are not only good for the environment but can be easy on the wallet as
well, particularly with the various rebates and incentives offered to buyers. In British
Columbia, buyers of the 2023 Volkswagen ID.4 can take advantage of both provincial
and federal rebate programs.$4,000 for new battery electric vehicles. The amount varies based on the
vehicle's battery capacity, to encourage the purchase of EVs with longer range.
Moreover, the buyers income plays a role in the available rebates offered. More
on that in a second.purchase price of new battery electric vehicles, with the amount depending on
the vehicle's range and number of seats.Who is Eligible
To qualify for these programs, applicants must be a resident of B.C., hold a valid B.C.
driver's license, and meet certain income requirements. Below is an overview of the
rebates based on income.Individual income (gross annual income) | Rebate for plug-in hybrids | Rebate for battery electric and long-range plug-in hybrids |
Less than $80,000 | $2,000 | $4,000 |
$80,001 $90,000 | $1,000 | $2,000 |
$90,001 $100,000 | $500 | $1,000 |
$100,001 and above | No rebate | No rebate |
For the Federal iZEV program, there is no income consideration. So, if you make $75,000
per year in BC and opt for a new ID.4, you will get the full $9,000 rebate ($4,000 from BC
and $5,000 from Canada). If your income is over $100,000, then you will only get the
$5,000 rebate from Canada.BC and iZEV incentives are applied at the time of purchase, reducing the price of the
vehicle after taxes as if you put a down payment on the vehicle. Not that buyers must
apply for the rebate before their purchase, and approval can take up to three weeks.
Eligible Volkswagen Electric VehiclesThe 2023 Volkswagen ID.4 qualifies for the maximum incentives under both the BC Go
Electric and iZEV programs, given its high battery capacity and long-range. It also meets
the price thresholds for these programs, with its manufacturers suggested retail price
(MSRP) starting at $43,995.Model | MSRP | Electric Rage | BC Rebate | Federal Rebate | Combined Rebates |
Volkswagen e-Golf Comfortline | $37,895 | 201km | $4,000 | $5,000 | $9,000 |
Volkswagen ID.4 AWD Pro | $52,995 | 410km | $4,000 | $5,000 | $9,000 |
Volkswagen ID.4 Pro RWD | $48,995 | 443km | $4,000 | $5,000 | $9,000 |
Volkswagen ID.4 RWD | $43,995 | 336km | $4,000 | $5,000 | $9,000 |
Through the combination of provincial and federal incentives, residents of British
Columbia can achieve substantial savings when buying a new Volkswagen ID.4, making it
an even more attractive choice for those looking to switch to an electric vehicle.