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It’s back!
FTFA: What qualifies me for $6,000 in extra EV rebates?
There’s a multi-part test for this answer. First, you have to be income-qualified, meaning you make less than 80% of the median income in your county, or have already qualified for a government assistance program like Medicaid or SNAP food benefits.
Second, you have to purchase a new or used EV that costs less than $50,000 from a dealer qualified to be in the state rebate program. The vehicle must be zero- or ultra-low emissions, meaning a fully electric battery-only EV, or a plug-in hybrid electric vehicle. Used EVs get a $4,000 rebate. New car seekers can also get the rebate applied to a lease instead of an outright purchase.
Third, the fossil-fuel powered car you turn in must be fully owned, and either 12 years old (2011 model year for this year’s rebate) or have failed a recent emissions test. It must be running — no “push, pull or tow” for this new program.
Colorado revives “cash for clunkers,” offers $6,000 for an old car you trade for an EV
My thoughts: Lots of strings attached, and even more, $6K for a working vehicle from 2011 might not be a great deal either. Older F-150s with reasonable mileage will probably get a better price if they’ve been maintained, at least if they’re 4WD and have towing.
Wow. They are really trying hard to drag those who really shouldn’t be buying (and prolly don’t want to be) …into it.
It’s sorta like how N.I.N.J.A. loans were, to housing, & why strawberry pickers who made $14,000 a year were buying ~ million Dollar houses in California in the last run-up to The Housing Bubble?
…The more things change, the more they stay the same. I guess.
P.S. Eric,
These ‘confirm’ and, ‘your connection is not secure’ hop through the hoola-hoop is a drag.
I imagine you’re doing it for spamBots ‘er sumsuch,… or, maybe it’s just my P.C.? I dunno.
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