HighTechSpeed:
If I lived in Colorado, I'd be all over this, like me on rice.
Bob
I'll buy it for you
Just front me the money
I'll drive it to you "IF" I fit in the thing
You fly me home (FIRST CLASS) needless to say
GEORGE:
If you could find a way for ME to get the $42k tax credit, you got a deal!
First Class for the missus also if she wants to help you drive it over.
Bob
I'm not GEORGE and never played him on TV, but a couple of caveats:
To qualify, the vehicle must be titled and registered in Colorado. (§39-22-516, C.R.S.)
The credit is only available in the year during which the vehicle was purchased or converted. If the credit allowed exceeds the net tax liability for that year, any excess credit may be carried forward and claimed on future year returns for up to five years until the credit is fully utilized.
So, you have to ask yourself: do you pay enough Colorado taxes to collect the entire credit?