Tax Credits On Battery Cars |
Detroit Bureau on Twitter

Posts Tagged ‘tax credits on battery cars’

A Nissan Leaf for $12,000?

Extensive tax incentives could shave nearly 2/3 off sticker price.

by on Oct.25, 2010

Could you put a 2011 Nissan Leaf in your driveway for just $12,000?

Imagine getting a new 2011 Nissan Leaf for nearly two-thirds off the sticker price.  That very well could happen for some buyers of the battery-electric vehicle if they live and work in the right places.

Given the range of tax credits and other givebacks coming online, some Leaf customers could drive one home for barely $12,000.

Nissan has put a base of $32,780 on the BEV.  But that doesn’t take into account the $7,500 federal tax credit that will be offered on the 2011 Leaf (for the first 200,000 customers, anyway).

And it also ignores an array of state and local incentives, and even some incentives from green-minded employers, notes Mark Perry, the Nissan product planning chief overseeing the maker’s battery program.

News You Can Use! Click For Free Subscription!

Washington State, for one, waves the sales tax for buyers. The State of Colorado, meanwhile, has approved a $6,000 credit of its own.  In fact, 13 states now have some form of financial incentives in place covering battery cars and other green, high-mileage models, including the 2011 Nissan Leaf.

In California, the credit is a smaller $5,000, but Leaf buyers also will get the coveted HOV decal that permits a motorist to drive in the freeway car pool lanes even with only one person onboard.