Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Illinois Hybrid Buyers Eligible For Rebates

July 19, 2007

Under the “Green Rewards” program, the Illinois treasurer’s office will partner with banks and credit unions throughout the state to issue $1,000 rebates to Illinois residents who purchase a hybrid or other energy-efficient automobile.Green Rewards is the first incentive program to encourage hybrid purchases in Illinois and the program offers the largest state rebate for hybrids in the nation, according to the treasure’s office.State Treasurer Alexi Giannoulias is pledging $2 million in Green Rewards during a statewide tour in his personal hybrid vehicle. The Treasurer’s Office will fund the program by depositing money at local banks and credit unions at a below-market interest rate. The money that those institutions save in interest is passed to consumers in the form of $1,000 rebates at the time of purchase.
Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

Frank Grochal, former vice president of vehicle remarketing, ARI – Automotive Resources International, retired from the company in 2005 after a successful career spanning six decades.

Read more

Up Next

More From The World's Largest Fleet Publisher