For those of you motorcycle enthusiasts out there like me (I have a brand spanking new ’06 Gixxer 600), you might be very happy to learn that Uncle Sam is giving you a whopping tax credit for buying a Zero S electric motorcycle.
There’s a federal tax credit of $2,500 and also California state tax credit of $1,500. These tax credits are dollar-for-dollar, meaning they will deduct 100% of your taxes. Also, you can carry these tax credits to longer years if you want to.
Residents of California will get a whopping $4000 tax credit. The Zero S electric motorcycle is $10,000 and with tax credits, that’s shaved to just $6,000.
This probably is the best deal for an electric bike right so if you have been looking to get a super-MPG-efficient bike, this is it.
The governator Arnold Schwarzenegger himself approved and endorsed the state tax credit. The bike would then run you about $8,000 after all credits have been shaved off, as this bike normally retails for $10,000.
What’s so cool about this bike, you ask? These bikes can travel 40 to 50 miles an hour on a single charge and feature the latest sustainable technology around. Zero S is based in California.