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2013 Colorado Tax Credit Guidance Doc Released

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by WMTribe90 (Posted Wed, 04 Sep 2013 21:49:25 GMT)
Colorado has released the new guidance doc for calculating tax credits under the Innovative Motor Vehicle and Alternative Fuel program. Gone is the comparable vehicle price difference based calculation for 2013. For purchases, its a straight up calculation that uses the MSRP as the starting point. For my 2013 S model with charger package (MSRP ~$30,000) the State tax credit comes to ~$5,500 of the available $6,000 max.

So, with the Federal tax credit, the actual purchase price for a new S model Leaf is less than $17,000. If I were Nissan I would be running ads in Colorado (and other States with significant credits) spelling out the math. Very few potential buyers realize just how affordable this car can be.

http://www.colorado.gov/cms/forms/dor-tax/Income67.pdf



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