BMW of North America is offering a $10,000 rebate on its i3 electric car to customers of Public Service Electric & Gas Co., the New Jersey utility announced Thursday. Combined with a $7,500 federal tax credit, the automaker said the incentive would reduce the vehicle's base price by about a third.
The promotion is available to PSE&G customers through April 30. Potential customers must download a form at PSEG.com/goelectric and take it to any BMW dealership along with a copy of their PSE&G bill.
BWM says a base model i3, which can get 114 miles with a full charge, starts at $44,450. Electric vehicles are not subject to sales tax in New Jersey.