December 21, 2009

NOTHING COSTS MORE... (via The Other Brother):

Free car! Your taxes at work (Eric Evarts, 12/21/09, Consumer Reports)

Drive Electric is taking advantage of a large federal tax incentive for the purchase of an alternative fuel vehicle, along with a relatively obscure classification for low speed, or Neighborhood Electric Vehicles (NEVs). [...]

A basic golf cart enhanced with a windshield, mirrors, seat belts, and turn signals will qualify. (And in the case of a Premium version of Drive Electric’s two-seat ZonE electric golf cart, a qualifying model could even include luxuries, such as wood dashboard trim and a windshield wiper.)

And traditional golf carts with these accessories are a lot less expensive than a G.E.M. In fact, Drive Electric is advertising their base street-legal golf cart, the zonE NEV-48 EX, for $6,496.53 – perhaps not so coincidentally exactly the same as the amount of the federal tax credit it qualifies for as an electric vehicle through Dec. 31.

Posted by Orrin Judd at December 21, 2009 12:44 PM
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