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I've written previously about why Coloradans who are in the market for a new car should really consider an EV, due to the up to $7,500 federal tax credit and the $5,000 Colorado state tax credit (some restrictions apply on the federal tax credit). That's still true, but there are some changes that happened January … Continue reading Coloradans: Buy a New Chevy Bolt for as Low as $15,000 Today (while they last)
I posted a while back suggesting that many Coloradans should consider purchasing an EV if they are in the market for a new vehicle. I thought I should do a follow-up post because Colorado has now approved a new rule requiring 82% of all new cars sold in 2032 have to be EV, full EV … Continue reading Coloradans Should Buy An EV: Part 2
Beginning on Thursday, August 31st, Colorado is launching a new incentive for income-qualified Coloradans to purchase a new or used EV. Titled "Vehicle Exchange Colorado", this can provide up to a $6,000 incentive if you trade in your existing older vehicle and if you meet the other qualifications (note that this is in addition to … Continue reading Colorado’s “Cash for Clunkers” Program
This post is about Colorado HB23-1272 which has passed the Colorado legislature and is awaiting the Governor's signature. Like most bills, this one is complex (77 pages long) and filled with legislative and legal jargon. As a result, the following is my current interpretation of some of the provisions in this bill but it is … Continue reading Coloradans Should Buy an EV
When many financial folks talk about spending they often mention the three "big rocks" of food, shelter, and transportation. That's not to say that the rest of your spending isn't important, it is, but if you get the three big rocks right (or wrong) they will have a much larger impact on your financial well … Continue reading Taking Advantage of the Enhanced EV Tax Credit
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