California EV shoppers who do not qualify for the state’s MyFirstEV rebate may have another option. Lexus is offering its own MyLexusEV Rebate, providing up to $2,500 without the state program’s first-time EV buyer requirement or MSRP cap.
How the MyFirstEV Rebate Works
California’s MyFirstEV program provides a rebate of up to $3,500 on new or used electric vehicles for eligible buyers. The program requires applicants to be first-time EV buyers, while the vehicle must have an MSRP of no more than $50,000.
As EVs become more common on the road, not every shopper meets those requirements. Lexus has introduced its own incentive program aimed at making a rebate available to buyers who may not qualify for California’s program.
MyLexusEV Rebate Removes Key Restrictions
Unearthed by CarsDirect, the MyLexusEV Rebate differs from California’s program primarily in its eligibility requirements. Lexus does not impose an MSRP cap for the incentive and does not require buyers to be first-time EV owners.
The program’s structure and name point to the possibility that Lexus is targeting buyers who were not eligible for California’s rebate. However, the Lexus incentive is smaller, offering up to $2,500.
MyLexusEV Rebate Can Be Stacked
The MyLexusEV Rebate can be combined with other discounts and incentives available to shoppers. One example is an existing $4,000 Lease Cash Incentive for the 2026 Lexus RZ.
When combined, those two incentives could provide up to $6,500 in savings on the deal. The article also raises the question of whether a buyer who qualifies for both California’s MyFirstEV program and Lexus’ rebate could receive up to $10,000 in total savings, but that question remains unanswered.
MyLexusEV Offer Ends in September 2026
The absence of an MSRP cap and the ability to combine the Lexus rebate with existing offers make the MyLexusEV Rebate an option for shoppers considering a Lexus EV, particularly those who are no longer eligible for California’s program.
The incentive is available only through the end of September 2026, according to the information provided.
