If you want an electric car, but do not want a Nissan Leaf or Tesla, there are numerous 3rd parties that will convert a new car to run on electric power. A few of them qualify for the EV tax credit.
Vehicles to choose from
Right now, your choices for electric vehicles consist of the Mitsubishi Miev, Nissan Leaf and Tesla S. That means you are pretty limited in your options in case you are trying to get an electric automobile. The nice part about it is that you can get $7,500 taken off your tax bill by purchasing one of these vehicles.
The New York Times explained that buying an electric car is not your only option. You can pay someone or do the conversion yourself to convert any old car into an electric one. The rule used to be that you can claim up to $4,000 in a tax credit with up to 10 percent of the cost of conversion. That credit expired at the end of 2011 though.
3rd parties still qualify
A limited number of third parties will convert brand new cars to electric automobiles, some of which qualify for the $7,500 electric automobile credit. For instance, an electric Jeep Grand Cherokee or Mercedes ML350 from Amp Electric Automobiles is eligible for the credit. It will cost a pretty penny, though. Including the discount from the tax credit, a two-wheel drive Grand Cherokee will cost $49,990 and a four-wheel drive Grand Cherokee will cost $51,900, which is over $30,000 above the cost of the normal models.
Another business, Plug-In Motors, has electric versions of the Ford Mustang and F-150 that you can purchase and get the $7,500 tax credit still, according to CNET.
With $75,900, you can get the base Mustang, called the Panther. The F-150 costs $89,900 instead. They have 85 mile ranges to them. The company offers them with 200 mile ranges also, but that is going to cost you more cash. The F-150 takes 34 hours to charge on a 120-volt outlet, and the Panther takes 11 hours. If you have a 240-volt socket, it will charge much faster though.
Credit per state
State credits are also available for a lot of electric automobiles. If you convert your vehicle to electric power, you can get a 50 percent credit from Oklahoma and 85 percent credit from Colorado, according to CNET.
If you are interested in an electric car, check your state to see if there is a credit accessible to you first. A list of available state credits could be found on the site of the Alternative Fuels and Advanced Vehicle Data Center, which is part of the United States Department of Energy.
Vehicles to choose from
Right now, your choices for electric vehicles consist of the Mitsubishi Miev, Nissan Leaf and Tesla S. That means you are pretty limited in your options in case you are trying to get an electric automobile. The nice part about it is that you can get $7,500 taken off your tax bill by purchasing one of these vehicles.
The New York Times explained that buying an electric car is not your only option. You can pay someone or do the conversion yourself to convert any old car into an electric one. The rule used to be that you can claim up to $4,000 in a tax credit with up to 10 percent of the cost of conversion. That credit expired at the end of 2011 though.
3rd parties still qualify
A limited number of third parties will convert brand new cars to electric automobiles, some of which qualify for the $7,500 electric automobile credit. For instance, an electric Jeep Grand Cherokee or Mercedes ML350 from Amp Electric Automobiles is eligible for the credit. It will cost a pretty penny, though. Including the discount from the tax credit, a two-wheel drive Grand Cherokee will cost $49,990 and a four-wheel drive Grand Cherokee will cost $51,900, which is over $30,000 above the cost of the normal models.
Another business, Plug-In Motors, has electric versions of the Ford Mustang and F-150 that you can purchase and get the $7,500 tax credit still, according to CNET.
With $75,900, you can get the base Mustang, called the Panther. The F-150 costs $89,900 instead. They have 85 mile ranges to them. The company offers them with 200 mile ranges also, but that is going to cost you more cash. The F-150 takes 34 hours to charge on a 120-volt outlet, and the Panther takes 11 hours. If you have a 240-volt socket, it will charge much faster though.
Credit per state
State credits are also available for a lot of electric automobiles. If you convert your vehicle to electric power, you can get a 50 percent credit from Oklahoma and 85 percent credit from Colorado, according to CNET.
If you are interested in an electric car, check your state to see if there is a credit accessible to you first. A list of available state credits could be found on the site of the Alternative Fuels and Advanced Vehicle Data Center, which is part of the United States Department of Energy.
About the Author:
From Atlanta Scion you will definitely get one of the best sports car buying experience achievable. Therefore go to Sandy Springs Scion!
No comments:
Post a Comment