Colorado

Colorado $5,000 EV tax credit reducing on Jan. 1, 2020

edited November -1 in Colorado
Just wanted to point out that the Colorado EV tax credit is still $5,000 through the end of the year but drops to $2,500 on Jan. 1, 2020. Tesla's remaining $1,875 federal tax credit ends then as well, so Tesla prices effectively increase by $4,375 on Jan. 1 for Colorado purchasers.

"Buying an electric, plug-in hybrid electric or hydrogen vehicle will qualify for tax-credits of $2,500 through 2022 and drop to $2,000 for purchases through Jan. 1, 2026. Leased electric vehicles get a $1,500 credit. Tax credits are higher for heavy-duty electric trucks. The current tax credit, which ends Jan. 1, 2020, is $5,000 for electric and hydrogen passenger vehicles."

https://coloradosun.com/2019/05/06/colorado-new-electric-vehicle-laws-2019/
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