ADVERTISEMENT

Chevy Volt Heavily Subsidized by Colorado Gov’t

$6,000 on top of $7,500 federal subsidy

The federal government already offers about $7,500 in tax incentives for buyers of the Chevrolet Volt and the automaker’s electric vehicle has been temporarily discontinued due to lagging sales.

On top of that, the Colorado state government is offering prospective Volt buyers a substantial incentive of its own, AutoGuide.com reports:

While other states are discouraging people from buying cars like the Nissan Leaf, Colorado is offering up to $6,000 in incentives which combined with the already-available $7,500 in federal tax incentives. That adds up to a maximum $13,500 lopped off the Volt’s price tag, making it a reasonably-riced car for folks living in the mountainous state.

"This rebate in Colorado provides an extra incentive for those that want to purchase or drive an energy-efficient and technologically advanced vehicle like the Chevrolet Volt," said Volt Marketing Director Cristi Landy. "With the available state and federal tax credits, along with the fuel savings that many owners experience by charging daily, the Volt can fit the lifestyles and budgets of many people."

 

Published under: Auto Industry