EVE LSV by Fairplay

Introducing the newest vehicle to hit the LSV markets. The EVE LSV is what "GREEN" luxury is all about. It has a 16 HP all-electric motor, top speed of 25 mph, bucket seats and a Euro-styled dash cluster. Plus, the EVE LSV qualifies for both the 50% state income tax and $4,234.72 federal income tax credits to boot.

The Emergency Economic Stabilization Act (EESA) offers a tax credit for qualified plug-in electric vehicles of $2,500 PLUS $417 for every kilowatt hour in excess of 4KW. The EVE LSV a 8.10 Kilowatt Hour Capacity. Based on this formula, the tax credit can be calculated as follows:
$2,500+($417x7.04)=$4,234.72 Credit

(Please check with your tax accountant to determine how this credit affects you.)

MSRP = $7,495*
EESA Credit = ($4234.72)
OK State Tax Credit = ($3,847.50)

*Net Cost = $0 ($387.22 excess tax credit)

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*MSRP before tax, tag & title, freight & prep

Last Updated on Wednesday, 18 November 2009 11:18