The most affordable EV in America MiEV

by The 1 | November 19, 2011 at 08:27 am

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The numbers are in — the Mitsubishi i is the most affordable electric vehicle in the entire United States1. And considering there's a host of federal and state tax incentives for EV drivers, it's never been easier on the budget to own an electric car (and especially this one) than it is right now.

$7,500 federal tax credit.

Great news. The IRS will reward your purchase of the Mitsubishi i with a generous $7,500 tax credit. Purchase an EVSE 240V home charging dock and you'll qualify for another tax credit up to $1,000. In addition, many cities and states are offering tax incentives and rebates on top of the federal benefits when you purchase an electric vehicle. Keep in mind that federal and state funding for tax incentive programs can run out, so now's the time to reserve your car.

Driving a Mitsubishi i has other advantages. Some cities offer parking perks for drivers of electric vehicles. Others let you access the coveted “HOV” lane without passengers. Long story short? It pays to be green.

Looking for more information about EV incentives? Here are two independent websites we recommend. You gotta love the Internet.

http://www.pluginamerica.org/
http://goelectricdrive.com/

Optional home charging dock (240V/15A, EVSE)
Requires purchase and installation

This is our recommendation for fast and convenient home charging. Developed by Eaton, a global leader in electrical components, the 240V wall-mounted quick-charger gives you a full charge in just 7.0 hours. Essentially, the 240V charger is your own personal "fueling" station.

Better yet, the federal government is offering tax credits up to $1,000 for those who purchase the 240V home charging dock. That's in addition to the $7,500 tax credit for buying the Mitsubishi i. And then there's all that money you won't be spending on gas. The good news just keeps piling up around here.

http://i.mitsubishicars.com/