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). [...]Posted by Orrin Judd at December 21, 2009 12:44 PMA 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.
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