Re: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs
Peri, The Federal Credit is only for new vehicles. QualifiedPlug-In Electric Drive Motor Vehicle Tax CreditA tax credit isavailable for the purchase of a new qualified plug-in electric drive motorvehicle that draws propulsion using a traction battery that has at least fivekilowatt hours (kWh) of capacity, uses an external source of energy to rechargethe battery, has a gross vehicle weight rating of up to 14,000 pounds, andmeets specified emission standards. The minimum credit amount is $2,500, andthe credit may be up to $7,500, based on each vehicle's traction batterycapacity and the gross vehicle weight rating. The credit will begin to bephased out for each manufacturer in the second quarter following the calendarquarter in which a minimum of 200,000 qualified plug-in electric drive vehicleshave been sold by that manufacturer for use in the United States. This taxcredit applies to vehicles acquired after December 31, 2009. For moreinformation, including qualifying vehicles, see the Internal Revenue Service(IRS) Plug-In Electric Vehicle Credit website. Alsorefer to IRS Form 8936, which is available via the IRS Forms and Publications website.(Reference Public Law 112-240, Section 403; and 26 U.S. Code30D) Point of Contact U.S. Internal Revenue Service Phone: (800) 829-1040 http://www.irs.gov/ From: Peri Hartman via EV ev@lists.evdl.org To: ev@lists.evdl.org Sent: Monday, May 18, 2015 8:55 AM Subject: Re: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs Does anyone know if the federal credit can be applied to a used EV provided that the credit hasn't already been applied to that EV? Peri -- Original Message -- From: brucedp5 via EV ev@lists.evdl.org To: ev@lists.evdl.org Sent: 18-May-15 12:41:11 AM Subject: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs http://www.greencarreports.com/news/1098277_colorados-electric-car-credit-applies-to-used-cars-too Colorado's Electric-Car Credit: Applies To Used Cars Too By John Voelcker May 13, 2015 [images http://images.thecarconnection.com/med/2015-nissan-leaf_100473864_m.jpg 2015 Nissan Leaf http://images.thecarconnection.com/med/tesla-roadster-recharging-at-denver-international-airport-from-solardave-blog_100305292_m.jpg Tesla Roadster recharging at Denver International Airport, from SolarDave blog ] The checkerboard pattern of constantly changing electric-car incentives and fees among the 50 American states often baffles outsiders. And as states go, Colorado has a mixed record. But its electric-car incentive turns out to have a quirk not shared by any other state, as far as we can determine. That is the eligibility of its electric-car purchase tax credit not just to new cars, but also to used cars on which the credit hasn't previously been claimed. That largely applies to electric cars imported from other outside Colorado. That state's electric-car purchase tax credit lets taxpayers claim a credit for 75 percent of the premium over a comparable gasoline car, up to a maximum of $6,000, for purchasing a battery-electric or plug-in hybrid vehicle. According to a Colorado electric-car advocate who asked to remain anonymous, a Colorado resident can claim that credit on any electric car whose Vehicle Identification Number (VIN) hasn't previously been submitted to the program. That means that, in theory, a Colorado resident could travel to California to buy a 2011 Nissan Leaf that had been registered there for three years--the time required to claim that state's electric-car purchase rebate. Our source says that the buyer could then truck it to Colorado, register it as a used car, and legally claim that state's tax credit on the year's tax return. That quirk aside, two years ago, Colorado was rated the most electric car-friendly of six Southwestern states studied by the Southwest Energy Efficiency Project (SWEEP). On the other hand, Colorado is one of several states that have instituted a special registration fee on electric cars to compensate for the gasoline taxes they don't pay. But in Colorado, it's among the lowest, at just $50 per year. Better yet, $20 of each car's annual fee goes to the state's Electric Vehicle Grant Fund, which pays for public charging stations and other infrastructure. At the behest of the Colorado Automobile Dealers Association, the state was one of the earliest to change its franchise laws to prohibit Tesla Motors from opening additional Tesla Stores within the state. That took place back in March 2010, as the association's president Tim Jackson proudly related to Green Car Reports during an interview we published in October 2012. If the goal of incentives that encourage electric-car purchases is to get more of the cars on the road, then presumably the Colorado law will do exactly that. A used electric car imported from another state presumably substitutes for the gasoline car that would otherwise have been purchased
Re: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs
Peri, The Federal Credit is only for new vehicles. QualifiedPlug-In Electric Drive Motor Vehicle Tax CreditA tax credit isavailable for the purchase of a new qualified plug-in electric drive motorvehicle that draws propulsion using a traction battery that has at least fivekilowatt hours (kWh) of capacity, uses an external source of energy to rechargethe battery, has a gross vehicle weight rating of up to 14,000 pounds, andmeets specified emission standards. The minimum credit amount is $2,500, andthe credit may be up to $7,500, based on each vehicle's traction batterycapacity and the gross vehicle weight rating. The credit will begin to bephased out for each manufacturer in the second quarter following the calendarquarter in which a minimum of 200,000 qualified plug-in electric drive vehicleshave been sold by that manufacturer for use in the United States. This taxcredit applies to vehicles acquired after December 31, 2009. For moreinformation, including qualifying vehicles, see the Internal Revenue Service(IRS) Plug-In Electric Vehicle Credit website. Alsorefer to IRS Form 8936, which is available via the IRS Forms and Publications website.(Reference Public Law 112-240, Section 403; and 26 U.S. Code30D) Point of Contact U.S. Internal Revenue Service Phone: (800) 829-1040 http://www.irs.gov/ From: Peri Hartman via EV ev@lists.evdl.org To: ev@lists.evdl.org Sent: Monday, May 18, 2015 8:55 AM Subject: Re: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs Does anyone know if the federal credit can be applied to a used EV provided that the credit hasn't already been applied to that EV? Peri -- Original Message -- From: brucedp5 via EV ev@lists.evdl.org To: ev@lists.evdl.org Sent: 18-May-15 12:41:11 AM Subject: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs http://www.greencarreports.com/news/1098277_colorados-electric-car-credit-applies-to-used-cars-too Colorado's Electric-Car Credit: Applies To Used Cars Too By John Voelcker May 13, 2015 [images http://images.thecarconnection.com/med/2015-nissan-leaf_100473864_m.jpg 2015 Nissan Leaf http://images.thecarconnection.com/med/tesla-roadster-recharging-at-denver-international-airport-from-solardave-blog_100305292_m.jpg Tesla Roadster recharging at Denver International Airport, from SolarDave blog ] The checkerboard pattern of constantly changing electric-car incentives and fees among the 50 American states often baffles outsiders. And as states go, Colorado has a mixed record. But its electric-car incentive turns out to have a quirk not shared by any other state, as far as we can determine. That is the eligibility of its electric-car purchase tax credit not just to new cars, but also to used cars on which the credit hasn't previously been claimed. That largely applies to electric cars imported from other outside Colorado. That state's electric-car purchase tax credit lets taxpayers claim a credit for 75 percent of the premium over a comparable gasoline car, up to a maximum of $6,000, for purchasing a battery-electric or plug-in hybrid vehicle. According to a Colorado electric-car advocate who asked to remain anonymous, a Colorado resident can claim that credit on any electric car whose Vehicle Identification Number (VIN) hasn't previously been submitted to the program. That means that, in theory, a Colorado resident could travel to California to buy a 2011 Nissan Leaf that had been registered there for three years--the time required to claim that state's electric-car purchase rebate. Our source says that the buyer could then truck it to Colorado, register it as a used car, and legally claim that state's tax credit on the year's tax return. That quirk aside, two years ago, Colorado was rated the most electric car-friendly of six Southwestern states studied by the Southwest Energy Efficiency Project (SWEEP). On the other hand, Colorado is one of several states that have instituted a special registration fee on electric cars to compensate for the gasoline taxes they don't pay. But in Colorado, it's among the lowest, at just $50 per year. Better yet, $20 of each car's annual fee goes to the state's Electric Vehicle Grant Fund, which pays for public charging stations and other infrastructure. At the behest of the Colorado Automobile Dealers Association, the state was one of the earliest to change its franchise laws to prohibit Tesla Motors from opening additional Tesla Stores within the state. That took place back in March 2010, as the association's president Tim Jackson proudly related to Green Car Reports during an interview we published in October 2012. If the goal of incentives that encourage electric-car purchases is to get more of the cars on the road, then presumably the Colorado law will do exactly that. A used electric car imported from another state presumably substitutes for the gasoline car that would otherwise have been purchased
Re: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs
Does anyone know if the federal credit can be applied to a used EV
provided that the credit hasn't already been applied to that EV?
Peri
-- Original Message --
From: brucedp5 via EV ev@lists.evdl.org
To: ev@lists.evdl.org
Sent: 18-May-15 12:41:11 AM
Subject: [EVDL] EVLN: CO's Credit Applies 2Used Outside-State
Purchased EVs
http://www.greencarreports.com/news/1098277_colorados-electric-car-credit-applies-to-used-cars-too
Colorado's Electric-Car Credit: Applies To Used Cars Too
By John Voelcker May 13, 2015
[images
http://images.thecarconnection.com/med/2015-nissan-leaf_100473864_m.jpg
2015 Nissan Leaf
http://images.thecarconnection.com/med/tesla-roadster-recharging-at-denver-international-airport-from-solardave-blog_100305292_m.jpg
Tesla Roadster recharging at Denver International Airport, from
SolarDave
blog
]
The checkerboard pattern of constantly changing electric-car incentives
and
fees among the 50 American states often baffles outsiders.
And as states go, Colorado has a mixed record.
But its electric-car incentive turns out to have a quirk not shared by
any
other state, as far as we can determine.
That is the eligibility of its electric-car purchase tax credit not
just to
new cars, but also to used cars on which the credit hasn't previously
been
claimed.
That largely applies to electric cars imported from other outside
Colorado.
That state's electric-car purchase tax credit lets taxpayers claim a
credit
for 75 percent of the premium over a comparable gasoline car, up to a
maximum of $6,000, for purchasing a battery-electric or plug-in hybrid
vehicle.
According to a Colorado electric-car advocate who asked to remain
anonymous,
a Colorado resident can claim that credit on any electric car whose
Vehicle
Identification Number (VIN) hasn't previously been submitted to the
program.
That means that, in theory, a Colorado resident could travel to
California
to buy a 2011 Nissan Leaf that had been registered there for three
years--the time required to claim that state's electric-car purchase
rebate.
Our source says that the buyer could then truck it to Colorado,
register it
as a used car, and legally claim that state's tax credit on the year's
tax
return.
That quirk aside, two years ago, Colorado was rated the most electric
car-friendly of six Southwestern states studied by the Southwest Energy
Efficiency Project (SWEEP).
On the other hand, Colorado is one of several states that have
instituted a
special registration fee on electric cars to compensate for the
gasoline
taxes they don't pay.
But in Colorado, it's among the lowest, at just $50 per year.
Better yet, $20 of each car's annual fee goes to the state's Electric
Vehicle Grant Fund, which pays for public charging stations and other
infrastructure.
At the behest of the Colorado Automobile Dealers Association, the state
was
one of the earliest to change its franchise laws to prohibit Tesla
Motors
from opening additional Tesla Stores within the state.
That took place back in March 2010, as the association's president Tim
Jackson proudly related to Green Car Reports during an interview we
published in October 2012.
If the goal of incentives that encourage electric-car purchases is to
get
more of the cars on the road, then presumably the Colorado law will do
exactly that.
A used electric car imported from another state presumably substitutes
for
the gasoline car that would otherwise have been purchased (though,
admittedly, that car is hardly likely to be exported in exchange).
[© greencarreports.com]
...
http://www.greencarreports.com/news/1084155_why-electric-car-owners-should-be-happy-for-new-colorado-tax
Electric-Car Owners Should Be Happy For New Colorado Tax (May 2013)
...
http://www.ngtnews.com/e107_plugins/content/content.php?content.10753#.VVN-fcb4CMo
Pennsylvania Extends Alt-Fuel Vehicle Rebate Program
[May 13, 2015] Plug-in hybrid electric vehicles (PHEVs) and battery
electric vehicles (EVs) that have battery system capacities equal or
greater
than 10 kWh - including models ...
...
http://www.autoblog.com/2015/05/16/used-ev-tax-incentive-colorado/
You can score a used EV tax incentive in Colorado
...
https://www.google.com/search?q=electric+vehicle+tax+credit
Electric vehicle tax credit
For EVLN posts use:
http://evdl.org/evln/
{brucedp.150m.com}
--
View this message in context:
http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-CO-s-Credit-Applies-2Used-Outside-State-Purchased-EVs-tp4675595.html
Sent from the Electric Vehicle Discussion List mailing list archive at
Nabble.com.
___
UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
http://lists.evdl.org/listinfo.cgi/ev-evdl.org
For EV drag racing discussion, please use NEDRA
(http://groups.yahoo.com/group/NEDRA)
___
UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
http://lists.evdl.org
[EVDL] EVLN: CO's Credit Applies 2Used Outside-State Purchased EVs
http://www.greencarreports.com/news/1098277_colorados-electric-car-credit-applies-to-used-cars-too
Colorado's Electric-Car Credit: Applies To Used Cars Too
By John Voelcker May 13, 2015
[images
http://images.thecarconnection.com/med/2015-nissan-leaf_100473864_m.jpg
2015 Nissan Leaf
http://images.thecarconnection.com/med/tesla-roadster-recharging-at-denver-international-airport-from-solardave-blog_100305292_m.jpg
Tesla Roadster recharging at Denver International Airport, from SolarDave
blog
]
The checkerboard pattern of constantly changing electric-car incentives and
fees among the 50 American states often baffles outsiders.
And as states go, Colorado has a mixed record.
But its electric-car incentive turns out to have a quirk not shared by any
other state, as far as we can determine.
That is the eligibility of its electric-car purchase tax credit not just to
new cars, but also to used cars on which the credit hasn't previously been
claimed.
That largely applies to electric cars imported from other outside Colorado.
That state's electric-car purchase tax credit lets taxpayers claim a credit
for 75 percent of the premium over a comparable gasoline car, up to a
maximum of $6,000, for purchasing a battery-electric or plug-in hybrid
vehicle.
According to a Colorado electric-car advocate who asked to remain anonymous,
a Colorado resident can claim that credit on any electric car whose Vehicle
Identification Number (VIN) hasn't previously been submitted to the program.
That means that, in theory, a Colorado resident could travel to California
to buy a 2011 Nissan Leaf that had been registered there for three
years--the time required to claim that state's electric-car purchase rebate.
Our source says that the buyer could then truck it to Colorado, register it
as a used car, and legally claim that state's tax credit on the year's tax
return.
That quirk aside, two years ago, Colorado was rated the most electric
car-friendly of six Southwestern states studied by the Southwest Energy
Efficiency Project (SWEEP).
On the other hand, Colorado is one of several states that have instituted a
special registration fee on electric cars to compensate for the gasoline
taxes they don't pay.
But in Colorado, it's among the lowest, at just $50 per year.
Better yet, $20 of each car's annual fee goes to the state's Electric
Vehicle Grant Fund, which pays for public charging stations and other
infrastructure.
At the behest of the Colorado Automobile Dealers Association, the state was
one of the earliest to change its franchise laws to prohibit Tesla Motors
from opening additional Tesla Stores within the state.
That took place back in March 2010, as the association's president Tim
Jackson proudly related to Green Car Reports during an interview we
published in October 2012.
If the goal of incentives that encourage electric-car purchases is to get
more of the cars on the road, then presumably the Colorado law will do
exactly that.
A used electric car imported from another state presumably substitutes for
the gasoline car that would otherwise have been purchased (though,
admittedly, that car is hardly likely to be exported in exchange).
[© greencarreports.com]
...
http://www.greencarreports.com/news/1084155_why-electric-car-owners-should-be-happy-for-new-colorado-tax
Electric-Car Owners Should Be Happy For New Colorado Tax (May 2013)
...
http://www.ngtnews.com/e107_plugins/content/content.php?content.10753#.VVN-fcb4CMo
Pennsylvania Extends Alt-Fuel Vehicle Rebate Program
[May 13, 2015] Plug-in hybrid electric vehicles (PHEVs) and battery
electric vehicles (EVs) that have battery system capacities equal or greater
than 10 kWh - including models ...
...
http://www.autoblog.com/2015/05/16/used-ev-tax-incentive-colorado/
You can score a used EV tax incentive in Colorado
...
https://www.google.com/search?q=electric+vehicle+tax+credit
Electric vehicle tax credit
For EVLN posts use:
http://evdl.org/evln/
{brucedp.150m.com}
--
View this message in context:
http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-CO-s-Credit-Applies-2Used-Outside-State-Purchased-EVs-tp4675595.html
Sent from the Electric Vehicle Discussion List mailing list archive at
Nabble.com.
___
UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
http://lists.evdl.org/listinfo.cgi/ev-evdl.org
For EV drag racing discussion, please use NEDRA
(http://groups.yahoo.com/group/NEDRA)
