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Want Govt To Pay For Half Of Your Electric Car? Try EstoniaWant Govt To Pay For Half Of Your Electric Car? Try Estonia

Want Govt To Pay For Half Of Your Electric Car? Try EstoniaWant Govt To Pay For Half Of Your Electric Car? Try Estonia

May 17, 2012
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Some electric-car makers (they know who they are) tend to quote base prices after subtracting the U.S. Federal income tax credit of $7,500.
We don’t do that here, but that practice would be even more tempting in Estonia–which gives a whopping $22,900 (18,000-euro) incentive on every electric car sold in the small Baltic republic.
It may not go quite as far as you might expect, since in Estonia, a new Nissan Leaf costs $50,900 (€39,990) versus its U.S. base price of $35,200.
Further distorting the comparison, the Estonian price includes value-added tax, whereas the U.S. price is quoted before state and local sales taxes. 
Still, the Estonian credit–which is limited to a maximum of 50 percent of the vehicle price or €18,000, whichever is lower–cuts 45 percent off the price of that Leaf.
That’s a good deal, and one we suspect many U.S. electric-car buyers would love to have–whether for the Leaf or any other zero-emission battery-electric vehicle.
Nissan Leaf €18,000 incentive shown on Nissan website for Estonia
News on the Estonian incentive comes courtesy of the Spanish-language site forococheselectricos.com, which covers electric-car topics across a broad spectrum.
The site notes that the credit also applies to the electric Peugeot iOn, which is a relabeled Mitsubishi i-MiEV (sold in the U.S. as the Mitsubishi ‘i’), giving that car a price of just $21,600 (€17,000) after the incentive.
Even better, it suggests, the eagerly anticipated Renault Zoe electric coupe–not yet released–would cost only $12,700 (€10,000) after the maximum incentiv of half the purchase price.
While the Zoe hasn’t yet arrived, the streets of Tallinn, the Estonian capital, apparently have a number of electric cars on them–including roughly 500 Mitsubishi i-MiEVs acquired to offset carbon-emission fines for the country.
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