The US offers as much as $7500 as a tax credit for purchase of a plug-in car. Several states also. I wonder how close that comes to covering the cost difference between a plug-in and a gas car?
I found this out a few weeks ago. It is a great incentive, however, the plug in cars are very expensive. I hope they soon become more affordable. Do you know where I can find the information about the individual states incentives?
The talk of town is definitely electric cars. I am hoping they become more affordable soon. I wonder if once there are more electric cars on the road, the electricity will double in price.
This is an interesting development indeed. The trend towards electric cars is irreversible. In fact, the same is true with vans. It is already true in trains and shuttles.
We would expect prices to go down as soon as a critical mass of people adopt it.
Hybrids can be anywhere from $3000 to $20,000 more than gas models. I think the government incentives will help sales but I'm not sure it will be a tie-breaker for the average person.
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Tax Incentives For Clean Vehicles
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