Save $7,500 On The Chevy Volt
GM just announced today that new buyers will get a tax credit equivalent to $7,500 off the Chevy Volt. This new provision is part of the recently passed 700 billion dollar bailout BILL.
Eco Geek reports that:
a bill passed today (amidst a bunch of other good news for car companies.) The Bill gives a tax credit to buyers of plug-in vehicles. Each plug-in automatically gets a $2,500 cut, then you get an additional $417 per kwh for batteries greater than 4 kwh. That works out to $7500 per Volt, which could push the base price below $30k.
Head on over to the GM site, for all the fine print on the Chevy Volt tax credit.
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