October 22, 2013

YOUR NEXT CAR...:

Electric car prices decelerate (Peter Valdes-Dapena, 10/22/13, Money)

Electric 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.

Posted by at October 22, 2013 3:31 PM
  

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