Oct 02, 2024
Latest News | 2 mins, 1 sec
ALERT: Division of Taxation Issues EV Sales Tax Form Dealers Must Complete & Return
As previously announced, the Division of Taxation began phasing out the Sales and Use Tax exemption on retail purchases of zero emission vehicles (ZEVs) YESTERDAY. This phase-out process will occur in two stages: Beginning October 1, 2024, through June 30, 2025, a tax rate of 3.3125% will be imposed on...
Oct 02, 2024
Latest News | 2 mins, 29 secs
Appellate Courts Decided Two Significant Cases Related to Threats to the Franchise Model
The direct-sale threat, which has gone quiet in New Jersey for a while, continues to rear its head in full-force elsewhere. In August, two courts issued opinions on whether or not auto manufacturers can directly sell in their respective jurisdictions. While neither opinion directly impacts New Jersey, both cases...
Sep 17, 2024
Latest News | 3 mins, 32 secs
$4,000 New Jersey State EV Incentives Are Available NOW!
Charge Up New Jersey is now accepting applications for the Charge Up+ EV incentive! Income-qualifying* customers can receive a $4,000 incentive for the purchase or lease of a new eligible EV. Applications may be submitted for vehicles ordered, purchased or leased on or after September 17, 2024. The Charge Up+ incentive cannot...
Sep 11, 2024
Latest News | 1 min, 12 secs
Phaseout of Sales Tax Exemption for ZEVs Begins October 1st
Just a reminder that on June 28, 2024, Governor Murphy approved a law (P.L. 2024, c.19) that phases out the sales and use tax exemption for zero emission vehicles (ZEVs). Starting October 1, 2024, all sales of ZEVs will be subject to sales and use tax of 3.3125%. After July 1,...
Sep 10, 2024
NJ CAR hosted a webinar yesterday with representatives from the Board of Public Utilities and the Center For Sustainable Energy, the organization that manages the Charge Up New Jersey EV Incentive Program here in New Jersey. The webinar featured an overview of the soon-to-be-launched Charge Up+, income-based EV incentive and...
Sep 09, 2024
Latest News | 5 mins, 3 secs
Criminal Provisions of the New Temp Tag Law
NJ CAR previously advised dealers of the passage of P.L. 2023, c.285 (the Temp Tag Law) and its requirement for usage of new temp tag paper with enhanced security features. We also previously advised dealers that October 1, 2024, is the last day that initial and second temporary license plates...