Cash for…Golf Carts? It’s True
“Is that about the coolest thing you’ve ever heard?”
-Roger Gaddis of Ada Electric Cars
We have a feeling that not everyone is likely to agree with Mr. Gaddis.
As part of President Obama’s stimulus plan, Americans can receive a rebate for the purchase of an electronic vehicle. Luckily for golfers, this hefty tax credit includes golf carts (yes, golf carts):
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. Even in states that don’t have their own tax rebate plans, 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.
