October 22, 2013
YOUR NEXT CAR...:
Electric car prices decelerate (Peter Valdes-Dapena, 10/22/13, Money)
Posted by Orrin Judd at October 22, 2013 3:31 PMElectric car prices have gotten shockingly reasonable.In August, GM took $5,000 off the $40,000 price of its rechargeable Chevy Volt. Thank California, which has passed sales quotas for eco-friendly vehicles -- and helped spark a price war.If you buy an electric, a $7,500 federal tax credit brings the cost down to little more than a similar gas-powered car. And leases are cheap too.