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Golf Cart Tax Credit -- Is This for Real?

posted October 20, 2009 - 5:07am
Golf Cart Tax Credit -- Is This for Real?

Is that  old golf cart getting a little dilapidated? Well, it appears you may be in luck.  The latest federal government tax credit is aimed at those wonderous little electronic vehicles that enable people to move their lazy asses around the gold course.  Unbelievable.

From the Wall Street Journal:

“The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart”… “the federal credit is generous enough to pay for half or even two-thirds of the average sticker price of a cart, which is typically in the range of $8,000 to $10,000. “The purchase of some models could be absolutely free,” Roger Gaddis of Ada Electric Cars in Oklahoma said earlier this year. “Is that about the coolest thing you’ve ever heard?”

More on this story at the link below.

 


Article: http://www.myinvestmentanalysis.com/golf-cart-tax-...

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