Quantcast

Ready to Buy an EV? Here's How to Save Big

Popular

By Gina Coplon-Newfield

If you're looking high and low for a new set of wheels, now is the perfect time to go electric. With "group buy" discounts, many people are eligible for incredible price incentives to help make the switch from dirty gasoline-fueled cars toward cleaner, electric vehicles (EVs) an easy one. Residents in states like Massachusetts, Rhode Island, Colorado, Virginia and Maryland have access to EV discount programs offering shockingly high savings.

How does it work? Organizations or agencies collaborate with automakers and car dealerships to provide a "group buy" discount, which offers the auto dealers greater assurance that people will look to them for their EV shopping. Most of these discounts are for thousands of dollars off the price of a car. And indeed, all of these group buy EV discount programs are on top of the federal tax credit people can receive of up to $7,500 on an EV purchase and a rebate or tax credit that many states offer too. In many places, the combined group buy discount, federal tax credit and state rebate can total upwards of $15,000 in savings.

Here are some examples:

Massachusetts and Rhode Island

Through February, Drive Green with Mass Energy is offering Massachusettes and Rhode Island residents massive discounts of thousands of dollars off the purchase or lease of several different models of electric vehicles, including the Nissan LEAF, Chevy Volt, Ford C-MAX Energi and Ford Fusion Energi through group buy prices. To see how much you can save on each model, click here. And remember that any savings in Massachusetts and Rhode Island will be coupled with up to $2,500 through a state government rebate. My own Cambridge, Massachusetts city councillor Jan Devereux just leased a Chevy Volt through this program and made a video about her experience, and several people who recently bought EVs through Drive Green with Mass Energy tell us about their real-life experiences on this helpful blog.

Colorado

On top of the state tax credit of up to $5,160 for the purchase or lease of an EV, many Coloradans can participate in a special group buy price through Drive Electric Northern Colorado when they purchase or lease a Nissan LEAF. With an original price of $33,710, the price is reduced all the way down to $11,840 once both federal and state tax credits are applied, as well as the $5,210 group buy discount. This special group buy price ends on Dec. 31, so now might be time to start dreaming of a green Christmas.

Virginia, Maryland and DC

Residents of Virginia, Maryland, and Washington, DC have access to a pre-negotiated price for the 2016 Model Year Nissan LEAF through the Virginia Clean Cities partnership. With this group buy offer and federal tax credits, area residents can take advantage of up to $12,000 off the sticker price. And the program offers people information about solar energy too.

Utah

While Utah's U Drive Electric group buy program has recently expired, it provides a creative model for others to follow, bringing together public and private groups to promote EVs and reduce local air pollution. The University of Utah, the city of Salt Lake City, and the organization Utah Clean Energy created the program for community members to purchase or lease fully electric and plug-in-hybrid vehicles at discounted prices. In 2015 this program led to the purchase of 76 electric vehicles in the Salt Lake City area with discounts ranging between 3 and 25 percent off the retail price.

Even in areas where group buy discounts are not available, the price of EVs is often lower than you'd think. If you purchase an EV, the federal tax credit of up to $7,500 applies to everyone, and in states including California, Delaware, Pennsylvania, Massachusetts, Connecticut, Colorado, Rhode Island, Maryland, Utah, New Jersey and (coming soon) New York, states are offering rebates, sales tax waivers or tax credits off the price of EVs for those who lease and/or purchase an EV. Additionally, reduced fueling and maintenance costs make many EVs cheaper to own and operate over the lifetime of the vehicles, as reported by NerdWallet.

The Sierra Club's recently updated online EV guide provides information about just about every plug-in car on the market in the U.S. If you click on a car and type in your zip code, you can even see incentives available in your state and how much you'd reduce your fueling costs and emissions in your region of the country, based on the electricity sources where you live.

With more than 20 electric vehicle models available in different mileage ranges and price points, this holiday season may be the right time to go green and save green too.

Show Comments ()

EcoWatch Daily Newsletter

Two Sherpa descending from Everest Base Camp, Himalayas, Khumbu, Nepal. Joel Addams / Aurora Photos / Getty Images

Climate change is having a grizzly effect on Mount Everest as melting snow and glaciers reveal some of the bodies of climbers who died trying to scale the world's highest peak.

Read More Show Less
Navajo Generating Station, Arizona. Wolfgang Moroder / Wikimedia / CC BY-SA 3.0

The Navajo Nation have decided to stop pursuing the acquisition of a beleaguered coal-fired power plant in Arizona, locking in the plant to be taken offline and its associated coal mine to close later this year.

A Navajo Nation Council committee voted 11-9 last week to stop pursuing the purchase of the 2,250-megawatt Navajo Generating Station, which with the Kayenta coal mine provides more than 800 jobs to primarily Navajo and Hopi workers as well as tribal royalties.

A coalition of utilities that own the plant said in 2017 it would cease operations due to increased economic pressure, and the plant's future has proved a flash point for national and regional energy policy and raised larger questions on how Native communities will handle ties to fossil fuel industries as the economy changes.

For a deeper dive:

Arizona Republic, Indian Country Today, AP, WOKV, Farmington Daily Times

For more climate change and clean energy news, you can follow Climate Nexus on Twitter and Facebook, and sign up for daily Hot News.

Sponsored
Sir David Attenborough opens Woodberry Wetlands on April 30, 2016 in London, United Kingdom. Danny Martindale / WireImage

Beloved nature broadcaster Sir David Attenborough will produce a new documentary for BBC One focused entirely on climate change, the network announced Friday.

Read More Show Less
Pexels

By Brian Barth

Looking to spice it up this year in the old vegetable patch?

Read More Show Less
An extended version of the Fuxing bullet train at the China National Railway Test Center on Oct. 15, 2018 in Beijing, China. VCG / VCG via Getty Images

By Jeff Turrentine

Is it just us?

Other countries don't seem to have a problem getting their high-speed rail systems on track. This superfast, fuel-efficient form of mass transit is wildly popular throughout Asia and the European Union. Japan's sleek Shinkansen line, the busiest high-speed rail system in the world, carries an estimated 420,000 riders every weekday. In China, the new Fuxing Hao bullet train now hurries more than 100 million passengers a year between Beijing and Shanghai at a top speed of 218 miles an hour, allowing its riders to make the trip of 775 miles — roughly the distance from New York City to Chicago — in about four and a half hours. Spain, Germany and France together have more than 4,500 miles of track dedicated to high-speed rail, over which more than 150 million passengers travel annually.

Read More Show Less
Sponsored
Ocean Heroes Bootcamp

By Coda Christopherson (11) and Lea Eiders (15)

Growing up in a plastic-free home, I was sheltered from the plastic waste crisis. I (Coda) went to a very progressive school that had vegan lunch items, farm animals and ran on solar power. My mom produces zero-waste events and my dad is a sailor, so we're very passionate about the ocean. When I was nine years old, we moved back to Manhattan Beach, California and I started 3rd grade in a public school. This was the first time I really understood that plastic-free living is not the norm; single-use plastics were everywhere, especially in the cafeteria. Once I recognized this problem, I knew I had to make a difference.

Read More Show Less

A major California avocado producer issued a voluntary recall of the popular fruit over concerns they could be contaminated with Listeria monocytogenes, USA Today reported.

Henry Avocado issued the recall Saturday after a routine government inspection at its California packing facility turned up positive test results for the bacteria on "environmental samples," the company said in a statement. No illnesses have been reported.

Read More Show Less
Acting Secretary David Bernhardt visited Watson Hopper Inc., a manufacturer of rigs and oil drilling equipment in Hobbs, New Mexico on Feb. 6, 2019. Tami A. Heilemann / DOI

Oil executives gathered for a conference laughed about their "unprecedented" access to Trump administration officials, according to a recording obtained by Reveal from the Center for Investigative Reporting.

In the recording, taken at a June 2017 meeting of the Independent Petroleum Association of America (IPAA) at a Ritz-Carlton in Southern California, members expressed excitement about one official in particular: David Bernhardt, who had been nominated that April to be deputy secretary at the Department of Interior (DOI). Bernhardt would be confirmed the following month.

"We know him very well, and we have direct access to him, have conversations with him about issues ranging from federal land access to endangered species, to a lot of issues," IPAA political director Dan Naatz said in the recording.

Read More Show Less