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Old 10-11-2023, 04:52 PM   #260 (permalink)
Isaac Zachary
High Altitude Hybrid
 
Join Date: Dec 2020
Location: Gunnison, CO
Posts: 2,079

Avalon - '13 Toyota Avalon HV
90 day: 40.45 mpg (US)

Prius - '06 Toyota Prius
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Quote:
Originally Posted by redpoint5 View Post
You're still thinking the subsidy is money in your pocket. It's not. It's money for the dealerships.

The price is the intersection of supply and demand. A $4k "credit" doesn't increase the supply of used vehicles, but it does increase demand. Price goes up.

When I mention $14k used Bolts in Oregon, those same exact cars were going for $12,500 in CA. Oregon has a $2k used EV credit, so Oregon dealerships buy up the inventory in CA, ship them 1,000 miles north, and bump the price up.
But do you have to buy the car in Oregon in order to get the credit?

I need to look into it better, but I do believe the Colorado credit applies to any car bought in the USA. The requirement is I have to be a Colorado resident.

When I bought the Leaf that's what happened. Well, it was kind of a loop hole. If the car was registered in Colorado for the first time I was able to get the credit, even though the car was used and from Utah.
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