Electric Vehicle Sales Event

August 1 to October 31, 2018

Dealer discounts plus state and federal tax credits
make NOW the right time to buy an electric vehicle.

Plug-in hybrids (PHEV) and all-electric battery (BEV) models on offer.

  • Zero tailpipe emissions

  • Cut your car’s carbon footprint by 36%

  • Use Colorado-produced electricity to fuel your EV

  • Save money on fuel! Drive for $1.10 / e-gallon national average (Holy Cross Energy customers can drive for 95 cents / e-gallon.)

EV CHARGING

U.S. Department of Energy's
Nationwide EV charging station locator

DOE Alternative Fuels Station Locator


TAX CREDITS

Details about the federal and state income tax credits for purchase or lease of a qualifying electric vehicle.


Here's the deal: 6 dealerships / 7 PHEV and BEV models

EV Sales EVent dealer discounts offered August 1 to October 31, 2018

Act now to maximize your savings on a new electric vehicle!

Audi | Chevrolet | Chrysler | Honda | Nissan | Toyota

Download the 2018 EV Sales EVent flyer: High-res for printing | Low-res for emailing

AUDI    

Audi Glenwood Springs

Audi Glenwood Springs

100 Riverine Road
Glenwood Springs

(970) 945-5200

Audi A3 e-tron PHEV

Audi A3 Sportback e-tron
PHEV / 16-mile range in EV mode
380-mile total range EV + gasoline modes
Manufacturer info website

MSRP base $39,500

Audi manufacturer discount $4,502

Audi Glenwood Springs dealer discount 6%

Colorado tax credit
$5,000 purchase / $2,500 lease

Federal tax credit
up to $4,085 (*note)

CHEVROLET    

Mountain Chevrolet

Mountain Chevrolet

51359 Highway 6
Glenwood Springs

(970) 928-9777

Chevrolet Bolt

Chevrolet Bolt
BEV / 238-mile range
Manufacturer info website

MSRP $37,495

Chevrolet manufacturer discount varies monthly

Mountain Chevrolet dealer discount
$1,000

Colorado tax credit
$5,000 purchase / $2,500 lease

Federal tax credit
up to $7,500 (*note)

 

Chevrolet Volt

Chevrolet Volt
PHEV / 53-mile range in EV mode
420-mile total range EV + gasoline modes
Manufacturer info website

MSRP $34,095

Chevrolet manufacturer discount varies monthly

Mountain Chevrolet dealer discount
$1,000

Colorado tax credit
$5,000 purchase / $2,500 lease

Federal tax credit
up to $7,500 (*note)

CHRYSLER    

Berthod Motors

Berthod Motors

400 27th Street
Glenwood Springs

(970) 945-7466

 

Chrysler Pacifica

Chrysler Pacifica
PHEV / 33-mile range in EV mode
566-mile total range EV + gasoline modes
Manufacturer info website

MSRP $48,580

Berthod Motors dealer discount
$1,000

Colorado tax credit
$5,000 purchase / $2,500 lease

Federal tax credit
up to $7,500 (*note)

HONDA

 

 

Phil Long Honda

Phil Long Honda

51429 Highway 6
Glenwood Springs

(970) 404-3600

Honda Clarity

Honda Clarity & Clarity Touring
PHEV / 47-mile range in EV mode
340-mile total range EV + gasoline modes
Manufacturer info website

Clarity
MSRP $34,295

Phil Long Honda dealer discount
$515

Clarity Touring MSRP $37,495

Phil Long Honda dealer discount
$711

Colorado tax credit
$5,000 purchase / $2,500 lease

Federal tax credit
up to $7,500 (*note)

NISSAN    

Red Rock Nissan

Red Rock Nissan

2582 Highway 6 & 50
Grand Junction

(888) 687-8190

Nissan Leaf

Nissan Leaf S, SV and SL
BEV / 151-mile range
Manufacturer info website

Leaf S
MSRP $33,915
Red Nissan dealer discount $1,737

Leaf SV
MSRP $34,580
Red Nissan dealer discount $1,822

Leaf SL
MSRP $38,795
Red Nissan dealer discount $1,951

Nissan special rebate for all Leaf models: $3,000, through Sept. 30, 2018
Download Special Rebate flyer here for complete details on eligibility

Colorado tax credit
$5,000 purchase / $2,500 lease

Federal tax credit
up to $7,500 (*note)

TOYOTA    

Bighorn Toyota

Bighorn Toyota

130 Center Drive
Glenwood Springs

(970) 945-6544

Toyota Prius Prime

Toyota Prius Prime, Prime Premium and Prime Plus
PHEV / 25-mile range in EV mode
640-mile total range EV + gasoline modes
Manufacturer info website

Prius Prime
MSRP $28,353

Prius Prime Premium
MSRP $30,003

Prius Prime Plus
MSRP $34,219

Bighorn Toyota dealer discount on all models $1,000

Toyota manufacturer discount varies monthly

Colorado tax credit
$5,000 purchase / $2,500 lease

Federal tax credit
up to $7,500 (*note)

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The 2018 EV Sales EVent is sponsored by

Garfield Clean Energy, CLEER, Holy Cross Energy, City ofAspen, City of Glenwood Springs, Town of Vail, Eagle County, Walking Mountains Science Center and CORE


Details about federal and state tax credits

About the federal tax credit:

The federal tax credit is based on vehicle battery size. All vehicles offered in the 2018 Sales Event qualify for the full $7,500 credit except for the Audi A3 e-tron. Its credit is $4,085.

Any tax-paying entity can file for the credit.

The federal government allocated set amounts of tax credits to each auto manufacturer. Credits taper off as the manufacturer approaches its specified number of vehicles.

For vehicle buyers, the federal tax credit can be used only for the tax year in which the purchase is made. If the buyer's total tax liability is less than $7,500, the credit can only be used to offset that tax year's total liability.

  • Example 1: Jane Doe buys an EV that qualifies for a $7,500 credit. Her federal tax owed for the year of purchase (including employer withholdings and self-employment pre-payments) is $5,000. Jane will receive a $5,000 refund.
  • Example 2: Mary Buck buys an EV that qualifies for a $7,500 credit. Her federal tax owed for the year of purchase (including employer withholdings and self-employment pre-payments) is $20,000. Jane will receive a $7,500 refund.

The federal tax credit also applies to leased vehicles.

About Colorado's tax credit:

Colorado's "Innovative Motor Vehicle" income tax credit is a flat $5,000 for the purchase of any plug-in hybrid or all-electric vehicle, and $2,500 for the lease of any plug-in hybrid or all-electric vehicle.

Any tax-paying entity can file for the credit.

The credit is fully refundable. The vehicle buyer will get the full $5,000 credit even if their state income tax liability is less than that amount. The vehicle customer who leases a qualifying vehicle will get the full $2,500 credit even if their state income tax liability is less than that amount.

Colorado's tax credits will taper down in the coming years and end on Dec. 31, 2021:

  • Sales in 2018 and 2019: $5,000 for purchase / $2,500 for lease
  • 2020: $4,000 purchase / $2,000 lease
  • 2021: $2,500 purchase / $1,500 lease

About Colorado's assignable tax credit refund:

In 2016, legislators passed HB 1332, which allows vehicle buyers to assign the "Innovative Motor Vehicle" income tax credit to a financing entity at the time a new electric vehicle is leased, or purchased using financing.

Ask your dealer if its financing entity has signed up with the Colorado Department of Revenue. If it has, and if you chose to lease the vehicle or purchase with dealer financing, the dealer can offer the tax credit at the time of sale. Buyers don't have to wait to file their taxes the following year to benefit from the state tax credit.

Banks or credit unions providing auto loans can also offer the assigned tax credit, if they have signed up with the Colorado Department of Revenue.

The dealership's financing entity, bank or credit union will ask the buyer or lessee to sign a Colorado Department of Revenue “Election Statement” form, DR 618, to document the transaction at the time of purchase.

The financing entity may collect a fee of up to $150 from the buyer's tax credit to cover its administrative costs for processing the assignment.

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