'Catch: EV can never have been previously registered in CO'

http://www.greencarreports.com/news/1103266_dealer-brings-forbidden-fruit-used-electric-cars-to-boulder-colorado
Dealer brings 'forbidden fruit' used electric cars to Boulder, Colorado
Apr 13, 2016  Andrew Ganz

[images  
http://images.hgmsites.net/med/green-eyed-motors-sells-a-kia-soul-ev-for-the-price-of-a-regular-soul-after-credit_100551348_m.jpg
Green Eyed Motors sells a Kia Soul EV for the price of a regular Soul (after
credit)

http://images.hgmsites.net/med/2015-nissan-leaf-s_100548743_m.jpg
2015 Nissan Leaf, Denver, Colorado, Mar 2016 / Andrew Ganz
]

Green Eyed Motors imports Chevrolet Spark EVs and other models sold mainly
in California

Some markets are stronger than others for certain types of cars. Think
Subarus in the Northeast or the Rocky Mountains, convertibles in Florida,
and pickup trucks in Texas.

Used-car dealers carefully watch auctions to find cars in less demand
elsewhere that they can sell locally for more money.

Now, a used-car dealer in Boulder, Colorado, has made a business out of
nabbing electric cars intended to be sold only in California, and offering
them to buyers in Colorado—who end up with much lower net costs, thanks to
the state's uniquely hefty incentives.

It's not quite a loophole, but Green Eyed Motors of Boulder appears to have
found an intelligent niche, at least in the short term.

Colorado's somewhat convoluted electric-car tax credit provides an
income-tax reduction worth up to $6,000 the first time an electric car is
registered in the state.

Colorado's law differs from those in many other states, not only for its
high maximum but also in that the credit applies to used cars just as it
does to new cars. 

There's some math involved, based on a car's battery capacity and its
purchase price, that prevents most electric cars from qualifying for the
full $6,000.

Still, upwards of $5,000 is the norm for a new Nissan Leaf—and Green Eyed
Motors advertises several of its cars as qualifying for the full credit. 

What the company does is unique within the state's borders, as far as Green
Car Reports is aware.

The dealership actively seeks out cars from other states, including those
that would normally be unavailable outside California or a handful of other
coastal locales.

In fact, Green Eyed Motors advertises directly on its site that all its
electric cars are imported into Colorado from other states, ensuring that
they will qualify for the rebate. 

Since Green Eyed Motors is casting a wide net, they look beyond the Nissan
Leafs that are most common nationwide. 

That means that Colorado buyers can locally buy a normally unavailable used
electric car, like a Fiat 500e or a Chevrolet Spark EV, saving them the
effort of buying one unseen and having it trucked in from California.

As of this writing, Green Eyed Motors is offering a Kia Soul EV, a Chevrolet
Spark EV, several Mercedes-Benz B-Class Electric Drives, a Toyota RAV4 EV,
and a Fiat 500e.

A quick comparison to prices in the Los Angeles area reveals that Green Eyed
isn't charging any premium for offering "forbidden fruit" in Colorado. 

That's not to say that Green Eyed Motors only deals in eco-friendly cars;
the company has its share of luxury SUVs that might net 15 mpg combined.

After all, even in Colorado, the market for California-only electric cars is
pretty small. 

We reached out to the dealership to find out more about their business
model, but representatives were not available for comment.
[© greencarreports.com]
...
http://www.hybridcars.com/colorado-car-dealer-trades-in-hard-to-get-evs/
Colorado Car Dealer Trades in Hard-to-Get EVs
April 14, 2016
...
http://gas2.org/2016/04/17/some-car-dealers-specialize-in-used-evs/
Some Car Dealers Specialize In Used EVs
April 17th, 2016  Its electric car incentive — up to $6,000 — applies to
used EVs as well as new cars. The only catch is the car can never have been
previously registered in Colorado ...



http://www.greeneyedmotors.com/used-car-boulder/?model=Leaf
Green Eyed Motors Used EVs
http://www.greeneyedmotors.com/used-car-boulder/?model=i-MiEV
http://www.greeneyedmotors.com/used-car-boulder/?model=Soul%20EV
http://www.greeneyedmotors.com/used-car-boulder/?model=Spark%20EV
http://www.greeneyedmotors.com/used-car-boulder/?model=RAV4%20EV
http://www.greeneyedmotors.com/used-car-boulder/?model=500e
https://www.facebook.com/GreenEyedMotors
...
http://www.niada.com/national/member_directory.php?te_class=member_directory&te_mode=table&te_asearch=true&te_qsearch=false&state=Colorado&company[]=Green+Eyed+Motors+LLC&btnSearch=Search
National Independent Automobile Dealers Association
Green Eyed Motors LLC  c/o Luke Walch   Boulder, CO 80301




For EVLN EV-newswire posts use: 
http://evdl.org/evln/


{brucedp.150m.com}

--
View this message in context: 
http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-Green-Eyed-CO-ice-dealer-selling-forbidden-fruit-used-EVs-tp4681596.html
Sent from the Electric Vehicle Discussion List mailing list archive at 
Nabble.com.
_______________________________________________
UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
http://lists.evdl.org/listinfo.cgi/ev-evdl.org
Read EVAngel's EV News at http://evdl.org/evln/
Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)

Reply via email to