Skip to comments.A $7,500 electric car discount scares dealers (Cash for Clunkers Part II)
Posted on 02/05/2011 3:22:45 PM PST by Zakeet
In an effort to put 1 million electric cars on the road by 2015, the Obama administration has proposed a plan that would put up to $7,500 directly in the hands of car buyers without having them jump through any tax hoops.
Plug-in car advocates love the idea but dealers aren't so sure about it.
A tax credit for plug-in vehicles already exists but, as it stands now, car buyers have to wait until tax time to get any money back.
J.D. Power estimates that only about 20,000 EVs will be sold this year. If the rebate boosts that by 10%, which Omotoso calls a reasonable guess, it still adds up to a relative handful of vehicles.
(Excerpt) Read more at money.cnn.com ...
The government can't even give the dumb souped-up golf carts away
If the “I luv da planet” crowd would hurry up and start buying this garbage, I believe there is a good chance we might see gas at 25 cents a gallon again. LOL! I’m keeping my SUV. And I promise not to run over any of those extension cords.
That picture answers the question: What is that blue goo stuck in the tires of that tractor trailer?
The Obama administration is Lucy and the dealers are Charlie Brown. The $7,500 is the football. How frickin’ stupid is Charlie Brown?
“If the I luv da planet crowd would hurry up and start buying this garbage, I believe there is a good chance we might see gas at 25 cents a gallon again”
Exactly right. Every 1 cent Algore can knock off a barrel of oil, by peddling unsafe lighting and transportation in the US, saves his Chinese masters billions.
Can I just take the $7,500 and then let the car get repo’d?
I laughed at your pic. I forgot about the Peel Trident. That was a tiny car.
OtherPeoplesMoney 4 Electro-Clunnkers
The idea of such a large subsidy bugs the bejeebers out of me. Couple questions for anyone in the know:
1) What’s the business case for $7,500 of my tax dollars going towards my neighbor getting an electric car. What is exactly is the ROI / Payback period - or is this just to make libs feel all warm and fuzzy?
2) Since electricity rates vary across the country, where would this car make financial sense? Is it a very limited area? Do the weather conditions (such as snow) or terrain (mountains) mate to the cost/Kwh sweet spot (assuming one exists).
3) Can I get a all weather speakers installed so that I can play a recording of a 67 GTO with Tri-Power.
baby magnets.... not babe magnets
You’d only pick up chicks at an elementary school with that
And all those suckers living in Texas can experience the thrill of a no-charge brownout.
(Remember, the Obamaloon F-science students are in the EPA now...and they’re even dumber than before.)
With 3 wheels , even though it’s fully enclosed , it is considered to be a motorcycle.
“Can I just take the $7,500 and then let the car get repod?”
When I read your post, I believed you to be making a joke or being sarcastic. But I believe that what you are suggesting can be done. If a person already has a lousy credit rating and they can talk a dealer into financing them, then, yes, I think they could do as you suggest.
Congress needs to kill or defund all this green money crap.
“If the I luv da planet crowd would hurry up and start buying this garbage, I believe there is a good chance we might see gas at 25 cents a gallon again. LOL! Im keeping my SUV. And I promise not to run over any of those extension cords.”
From your lips to God’s ears. We could have 93 octane available everywhere and 600hp muscle cars.
Wait until all those batteries in them battery operated cars get cold & don’t start up. What’s next: retrofitting heaters for garages or warming blankets for the car batteries?
:) Yup! That’s what I’m talkin’ about!
It's for the children, after all.
There, fixed it.
“A shoehorn and a s&^tload of Vaseline!!”
I do not believe that electric cars are not energy savers in the long run. In a few years the batteries have to be replaced. Also as the battery ages then it will start to not hold a charge as well. The energy will go into charging it, but that energy will also be lost just as the car sits idle. It is kind of like having an open gas tank where the gas is just evaporating. Energy from a battery also “Evaporates”. As the battery gets older than this is much more serious.
Brought to you by "the party of unintended consequences."
I'm still waiting for the electric current supply and infrastructure dam to break.
California was having brown-outs before these silly things came along.
Don’t forget that huge resale value after five years have been placed upon that $8,000 battery bank. Phhhttt!
Don’t worry. Emperor nobama will order you to buy one of these SEC’s (Sh**y Electric Car) and you WILL obey!
Exactly right. In addition, the electricity grid is nowhere near optimized to charge up all these EVs; the use-cases are horrendous (short range, take forever to charge); range in very cold or very hot weather is seriously degraded if you want to heat or cool the cabin; and the rare earths you need for batteries and motors come from China.
The liquid hydrocarbon fuel system is hard to beat. It is highly optimized, high energy storage density, fast refueling, reasonably efficient, long range, very low emissions, high performance, and cheap to make.
I’ve never understood the liberal urge to dump what works in favor of the silly new things that are unproven, high cost, and of questionable environmental benefit. That goes for ethanol, wind, and solar as well.
Emperor Obama is going down in flames. The MSM is his prop. They are going with him.
One other note, I magically get Newsweak. I have not subscribed to a magazine in 20 years. Desperation as far as I’m concerned.
The answer is, yes.
Not a subscription to the magazine, the magazine.
Whatever it is my money didn’t do it.
I buy things that go in magazines, but I have no need for new magazines.