Colorado Gives Massive Tax Credit on Hybrids

How does that translate into actual savings? It means that you could buy the north-of-$100,000 Tesla Roadster electric sports car for almost 40% off — potentially a $42,083 discount. That’s almost reasonable. Buy a 2009 Lexus LS 600h and you’ll catch a $20,000 break (starting MSRP: $106,035). The credit can also be used on lower-priced vehicles such as the Honda Insight and Toyota Prius.

The deal lasts through Dec. 31, which means green-car fans will have to figure out how to move to Colorado quickly.

Whoa! Colorado Residents Get $42G Refund on Tesla Roadster (New York Daily News)