If you live in Oklahoma, you have until December 31, 2009 to buy an electric car for about $900. Through a combination of federal and state tax credits, the Kandi Coco drops from its retail price of $10,600 to a cool $865. The federal tax credit amounts to $4,435 while the state is offering a 50 percent tax credit.
Well, now let's get down to what you get for your $900. The Coco is a neighborhood electric vehicle, and trust us, you won't be leaving your neighborhood in it. The maximum speed it can reach is 25 mph. But if you've ever considered buying a golf cart for getting around, this is a much sweeter option, and with the tax credits, actually cheaper. It charges in six to seven hours, has an AM/FM radio and comes in yellow, red, blue and black.
So, while the market for such a car is limited, and the market for such a car in Oklahoma is even more limited, those who do fall into that demographic have the chance to score a pretty sweet deal.
written by baby cribs, December 17, 2009
written by BruceMcF, December 17, 2009
written by Bruce, December 17, 2009
written by Electric, December 19, 2009
written by Joe, December 23, 2009
written by Wall MIrror Gall, October 02, 2010
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