Put a few safety features on this $10,000 golf cart and the Obama economic geniuses will give it to you free -- and you can qualify for as many as you care to order.
From the WSJ, we have this:
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. "Is that about the coolest thing you've ever heard?"
The golf-cart boom has followed an IRS ruling that golf carts qualify for the electric-car credit as long as they are also road worthy. These qualifying golf carts are essentially the same as normal golf carts save for adding some safety features, such as side and rear view mirrors and three-point seat belts. They typically can go 15 to 25 miles per hour. end of text
No one knows just how many have been sold but the number may be as high as 14,000 units. People are ordering 3,4 , 5 and more, keeping one for themselves and making a killing off the sale of their remaining order. Incredible. One wonders what cart manufacturer was in tight with which Congressman !!!
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