Colorado Residents Get State Funded $42k Tax Credit for Tesla Roadster
been waiting for the sale price of the car to drop from its $109,900
price point to a more reasonably $70k-ish will have a really good day
after hearing this news (assuming you live in Colorado). The state of
Colorado is offering a special tax credit that is designed to allow
purchasers of electric vehicles to save big on the purchase
price.
The catch, other than having to live in Colorado, is
that you have to buy before December 31. The tax credit, which is
apparently on state income taxes not federal taxes, allows for a
credit
of up to 85% of the difference between the price of certain
alternative fuel vehicles and the price of a similar gasoline powered
vehicle.
GreenCarReports.com reports that in the case
of the sexy
Tesla Roadster, the discount works out to a whopping $42,000.
That is equivalent to getting the Tesla Roadster for $67,800, a 38.6%
discount. To make things easier for Colorado residents, Tesla is set
to open a dealership in Boulder, Colorado today with an invitation
only VIP cocktail gala.
Those wondering why a store in
Colorado and why such big discounts for residents, Kimbal Musk,
brother of Tesla CEO Elon Musk wrote, “While in Colorado, Nikola
Tesla proved that earth was a conductor of electricity, produced
artificial lightning with discharges consisting of millions of
volts…and performed long distance power transmission experiments
that lit up banks of lights around Colorado Springs.”
There
is the answer, the electronic automakers namesake spent time in
Colorado and made important discoveries there. Colorado is also home
to some very wealthy residents, which is a nice thing for Tesla as
well.
For those that require a bit more passenger space and a lot more
luxury, the Lexus LS 600h L can be had with “only” a $20,392 tax
credit. You can see the full list of tax credits here (PDF).
Originally posted 2009-10-26 03:38:31.
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