Monday, December 21, 2009

Save Green by Driving Green: Tax Credit Now Available for Purchase of GEM Electric Vehicles

Global Electric Motorcars, a wholly endemic accessory of Chrysler Group LLC, is admiring to advertise that all GEM battery-electric car models accept been certified to the Internal Revenue Service (IRS) for the Qualified Plug-In Electric Drive Motor Vehicle Credit, allotment of the Emergency Economic Stabilization Act of 2008. The tax acclaim marks addition accretion in announcement apple-pie active nationwide, a could cause for which Global Electric Motorcars has been a allegiant advocate for over the accomplished 11 years.

Aiming to abound the exchange for able and environmentally-friendly vehicles, the tax acclaim is now accessible on any new 2007, 2008, or 2009 archetypal year GEM car purchased from January 1, 2009 through December 31, 2009. Credit amounts are as follows:

•$3,751 for the GEM e2, GEM e4, GEM e6 (12-volt array system) and GEM eS
•$5,002 for the GEM e6 (8-volt array system) and GEM eL XD.

For example, a GEM e2 archetypal bartering $7,395 may alone amount $3,644 afterwards the tax acclaim is applied.* The tax acclaim will accommodate abeyant GEM consumers with added accessible agency of accumulation eco-friendly busline solutions into circadian life.

“The Qualified Plug-In Electric Drive Motor Vehicle Credit makes GEM cars added affordable for our customers,” says Global Electric Motorcars President and Chief Operating Officer, Rick Kasper. “The tax credit, accumulated with a absolute buying amount of one-third that of a full-function vehicle, gives our barter even added acumen to use GEM cars for bounded driving.”

The money consumers save on GEM cars through the tax acclaim is an added account to the abiding advantages of active “green.” With added than 40,000 GEM zero-emission cars on the alley worldwide, GEM cars drive the agnate of 150 afar per gallon, or two cents per mile, and are abundant added economical in amount and ammunition burning than acceptable cars. Regularly acclimated for active errands, carriage equipment, or commuting to plan and school, GEM cars are a safe, ideal best for city-limits driving.

GEM cars are aswell currently acceptable for added federal, state, and bounded tax incentives. Customers should argue with their tax adviser for advice on their specific tax bearings to actuate to what admeasurement they will account from this tax credit. For added advice apropos the Qualified Plug-In Electric Drive Motor Vehicle Credit or added accessible incentives for GEM cars, amuse appointment www.gemcar.com/taxcredit.

*Excluding tax, title, license, and destination costs. Pricing may change at any time after notification. Please agenda that you should allocution with your tax adviser for advice apropos your specific tax bearings and to actuate to what admeasurement (if any) you will account from this tax credit. This archetype reflects the accomplished accessible Section 30D tax acclaim account for this accurate model. Some taxpayers will not apprehend the best tax benefit.

U.S. Treasury Circular 230 Notice: Any tax admonition absolute in this advice (including any attachments) was not advised or accounting to be used, and cannot be used, for the purpose of (a) alienated penalties that may be imposed beneath the Internal Revenue Code or by any added applicative tax authority; or (b) promoting, business or advising to addition affair any tax-related amount addressed herein. We accommodate this acknowledgment to assure acquiescence with new standards of able practice, pursuant to which assertive tax admonition have to amuse requirements as to anatomy and substance.
About Global Electric Motorcars:

As a wholly endemic accessory of Chrysler Group LLC, Global Electric Motorcars has been the bazaar baton in the low-speed, Neighborhood Electric Vehicle (NEV) industry for the accomplished 11 years and has added than 40,000 GEM battery-electric cars on the alley worldwide. GEM cars are acclimated by local, accompaniment and civic government agencies, resorts, master- planned communities, universities, medical and accumulated campuses, as able-bodied as by sports teams, taxi-shuttle casework and alone consumers.

The six GEM commuter and account models are acknowledged on a lot of streets with acquaint speeds of 35 mph or beneath and accept abounding of the aforementioned assurance appearance of approved cars, but are abundant added economical in amount and ammunition consumption. GEM cars are acceptable for incentives and tax credits from clean-air districts and added authoritative agencies.

To date, GEM cars accept been apprenticed added than 350 actor emission-free afar and accept adored added than 16 actor gallons of gasoline. They aswell accept prevented added than 180 bags of ozone-depleting pollutants from extensive the air.

For added information, to amount your own GEM car or locate a bounded dealer, appointment www.gemcar.com or acquaintance Jessica Lieu at 323.937.1351 or Jessica@barnettellman.com.

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