On May 1st of 2019, the Canadian government proposed incentives on the purchase or lease of electric and other zero-emission vehicles. This became the basis for the current iZEV program that’s presided over by Transport Canada. The Nissan of Duncan dealership on Vancouver Island of British Columbia offers incentives through the iZEV program, as do other Landsperg Auto Group (LAG) locations for qualifying ZEV models.
A ZEV (Zero-Emission Vehicle) has 1 specific qualifier for the iZEV program:
However, this point requires a little clarification, especially for drivers unfamiliar with ZEVs.
Vehicles considered ZEVs under these rules include:
iZEV stands for ‘Incentives for Zero-Emission Vehicles’. The Transport Canada iZEV program offers incentives on zero-emission vehicles with a base model MSRP under $45,500 (or $55,000 for 3-row vehicles).
The iZEV program offers a discount of up to $5,000 for the purchase or lease of a new battery-electric vehicle, a discount of up to $2,500-$,5,000 for the purchase or lease of a plug-in hybrid vehicle, and a discount of up to $5,000 for the purchase or lease of a hydrogen fuel cell vehicle. The discount rate will vary depending on the chosen trim level and vehicle size.
Interested in shopping for your next zero-emission vehicle here at Nissan of Duncan? Browse through the available ZEV models in our online inventory and contact our team to learn about additional, available lease and finance incentives on new Nissan vehicles.