Colorado has just approved the Brammo Enertia as eligible for the state’s Alternative Fuel Tax Credit. Although it doesn’t show up yet on their online document as an approved vehicle, the State said in a recent email:
Thank you for all the information on your electric motorcycle. It appears to qualify for the Colorado Alternative fuel tax credit. I show the incremental price difference to be $3,495.00 your vehicle would qualify under category 1 so would be entitled to an 85% credit. $3,495x.85= $2,971.00 minus any federal tax credit available.
What does this mean in English (and with real numbers)?
It means that if you buy a Brammo Enertia in Colorado, you will initially hand over the retail price of the bike plus any sales tax (I think Colorado’s State Sales Tax is 2.9%, but I’m going to leave all the taxes out of these articles because different cities and counties have their own sales taxes, and, frankly, I’ve got better things to do than to chase down local tax rates. Better things, like…um… Hey… do your own homework.) Speaking of homework . . .
Disclaimer: Don’t get your tax or other financial advice from anyone whose online name ends in -fan. This means: do your own homework on this purchase. I’m just trying to get you to think.
Colorado by the numbers:
$7995 – Retail price of Brammo Enertia
-$799 – Federal Tax Credit
-$2971 – Colorado Tax Credit
Okay, so that’s not quite as good as the $2700 figure I came up with the first time I wrote about this issue, but that’s what you get for trusting the advice of a man who chose his profession because he couldn’t stand the sight of blood and because he didn’t “do” numbers.
Still, $4225 is nothing to sneeze at.
In the current tally of SIWIBABE (States in which I’d buy a Brammo Enertia) here’s the rundown:
On some of these, I added things like a “delivery charge” and some fees here and there, but this is just for comparison purposes, anyway. I’ve never considered moving to Oklahoma before, but given that my home state of Missouri offers exactly zilch in the area of alternative vehicle incentives, it might be worth at least making a friend with a Sooner.