The Brammo Buying Experience > Taxes, Incentives, Advantages

New Colorado EV tax credit information (FYI Income 67)

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860:
The State of Colorado has now split out a new FYI page for the revised 2012-2016 Innovative Motor Vehicle Credit that gives up to a $6,000 dollar refundable tax incentive for EV's.  (It also gives tax incentives for all kinds of other green cars too.)


https://www.colorado.gov/pacific/tax/fyi-publications-income-tax

or take this link and click on "Income 67" at the bottom of the list:

https://www.colorado.gov/pacific/sites/default/files/Income67.pdf

It is mostly info straight out of the old FYI, but it contains some new stuff, like this:

Q:  Can a vehicle qualify for this credit if it is not on the list?
A:  Yes. However vehicles must be approved, and the credit calculated by the Department of Revenue. Credits for manufactured vehicles must be applied for by the manufacturer

And this:

Zero Motorcycles

2012 DS ZF 6
Incremental price difference $ 6,505
Tax credit available for tax year 2012 $4,879
2012 DS ZF9
Incremental price difference $ 9,005
Tax credit available for tax year 2012 $ 6,000
2012 S ZF 6
Incremental price difference $ 6,505
Tax credit available for tax year 2012 $ 4,879
2012 S ZF9
Incremental price difference $ 9,005
Tax credit available for tax year 2012 $ 6,000
2012 X
Incremental price difference $ 6,746
Tax credit available for tax year 2012 $ 5,059
2012 X (2 packs)
Incremental price difference $ 9,241
Tax credit available for tax year 2012 $ 6,000
2012 XU
Incremental price difference $ 4,496
Tax credit available for tax year 2012 $3,372
2012 XU (2 packs)
Incremental price difference $ 6,991
Tax credit available for tax year 2012 $ 5,243


And for Brammo:

Brammo Motorcycles
Brammo Enertia Category 1
Incremental price difference $3,496
Tax credit available for tax year 2012 $2,622


So, open question for anyone inside Brammo --  Is anyone working with Colorado for updated Enertia Plus incentive numbers?  Of course I'd like to see the Empulse 6.0, 8.0, and 10.0 tax credits too...  *grin*  But seriously, depending upon how the incentives shake down, the Enertia Plus may be somewhere around just $1K more than the current Enertia (after rebate).

Brammofan:
Thank you 1416 for posting this in the proper subforum.  ;D

I just spoke with someone very special at Brammo and he assured me that they are aware of the Colorado incentive situation and are working toward getting those incremental numbers for the Enertia Plus and the Empulse. 

EmpulseRider:
UPDATE: whoops... old link these are at 85% not 75%!!! Strange that they have the Zero 2012 models in there, no way you could have bought one in 2011.

Hmm i see this for the zeros:

2012 DS ZF6 Page 21 of 21
Incremental price difference $ 6,505
Tax credit available for tax year 2011 $5,529
2012 DS ZF9
Incremental price difference $ 9005
Tax credit available for tax year 2011 $ 6,000
2012 S ZF6
Incremental price difference $6,505
Tax credit available for tax year 2011 $5,529
2012 S ZF9
Incremental price difference $9,005
Tax credit available for tax year 2011 $6,000
2012 X
Incremental price difference $ 6,746
Tax credit available for tax year 2011 $ 5,734
2012 X (2 packs)
Incremental price difference $ 9,241  
Tax credit available for tax year 2011 $ 6,000
2012 XU
Incremental price difference $ 4,496
Tax credit available for tax year 2011 $ 3,821
2012 XU (2 packs)
Incremental price difference $6,991
Tax credit available for tax year 2011 $ 5,942

http://www.colorado.gov/cs/Satellite?c=Document_C&cid=1178305445492&pagename=Revenue%2FDocument_C%2FREVXAddLink

Says recently revised by the link... wonder if this is an old link though still...? Found the link on this page: http://www.colorado.gov/cs/Satellite/Revenue/REVX/1193047059436

protomech:
I'll admit, I'd take a $6000 credit on a ZF9..

I got a call about a Zero S back in very early January .. Zero was sending out a very early shipment of S bikes at that time. It's not inconceivable that someone might have scored one before 12-31.. but the more likely explanation is that Zero just submitted the paperwork and CO didn't verify that bikes were shipping.

860:

--- Quote from: EmpulseBuyer on March 15, 2012, 10:47:13 PM ---
Says recently revised by the link... wonder if this is an old link though still...? Found the link on this page: http://www.colorado.gov/cs/Satellite/Revenue/REVX/1193047059436

--- End quote ---

If you goto that page in your link, and go down to the bottom of the page you will see this:

# Income 67:  Innovative Motor Vehicle Credit  **NEW**

This is the 2012-2016 tax credit information.  The old FYI 9 is now just info for people still filing their 2011 or earlier state taxes.  FYI 9 is now dead for new purchases, and FYI 67 is the law of the land. 

That should really make things confusing out in the internet world for a while, eh?

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