Do You Qualify?
There are several qualifications for the MileageSmart Program. In order to qualify, one must meet the following credentials:
Must be a Vermont Resident and provide a valid Vermont Driver’s License
Must not be claimed as a dependent
Must be 18 years of age or older
Must be at or below 80% State Median Income (based on AGI). Income eligibility chart listed below.
*Incentives are limited to one per individual over the life of the program
Maximum Income by Household Size
*Household Income determined using Adjusted Gross Income
*Your household income is determined by adding up the Adjusted Gross Income of everyone in your household. This is line 11 on a IRS form 1040.
| Number of Persons in Household |
Annual | Monthly |
|---|---|---|
| 1 | $55,050.00 | $4,587.50 |
| 2 | $62,900.00 | $5,241.67 |
| 3 | $70,750.00 | $5,895.83 |
| 4 | $78,600.00 | $6,550.00 |
| 5 | $84,900.00 | $7,075.00 |
| 6 | $91,200.00 | $7,600.00 |
| 7 | $97,500.00 | $8,125.00 |
| 8 | $103,800.00 | $8,650.00 |
If you don’t qualify based on the above criteria, check Drive Electric’s site for other incentive programs
Also, check out our Lenders page to find discounted green car loans.
