Zero Motorcycles Matches Electric Motorcycle Tax Credit

May 19, 2017 View Comments by

2016 Zero DS

Zero Motorcycles is continuing to advocate for the electric motorcycle movement. The company has announced its “Don’t Wait for Washington” program, offering buyers a cash rebate matching the expired Electric Motorcycle Federal Tax Credit, should it not be reinstated in 2017.

The U.S. government had been giving buyers of electric motorcycles a tax credit equal to 10 percent of the purchase price (up to $2,500), but the tax credit expired at the end of 2016 and has yet to be renewed. With the “Don’t Wait for Washington” program, buyers will receive 10 percent back (up to $1,869) on the cost of any new, eligible 2017 Zero motorcycle purchased between May 12 – July 4, 2017.

How it works:

  1. Purchase or place an order for a new 2017 model Zero motorcycle at an authorized U.S. Zero dealer between May 12 and July 4, 2017.
  2. If the U.S. government renews the Electric Motorcycle Federal Tax Credit by the end of 2017 and it applies to your purchase of the Zero motorcycle, file your taxes as normal and take advantage of your tax credit from the IRS.
  3. If by December 31, 2017, the Electric Motorcycle Federal Tax Credit is not renewed or replaced with a Federal tax credit of equal or greater value, Zero will send you a check for 10 percent, capped at $1,869, of the purchase price of your bike in the first quarter of 2018.
  4. No incentive will be paid by Zero should Congress enact a new 2-wheeled plug-in tax credit or equivalent program by December 31, 2017 that has an equal or greater value than the 2016 Electric Motorcycle Federal Tax Credit and applies to purchases made during the Program term.
  5. In the event that a new federal tax credit applicable to Zero motorcycles purchased during the program period is introduced at a lower rate than the 2016 Electric Motorcycle Federal Tax Credit, Zero will pay cash back equal to the difference between the new tax credit and the value of the 2016 Electric Motorcycle Federal Tax Credit (10% of purchase price capped at $1,869).
  6. Cash back incentives earned under this program are subject to additional terms and conditions.

6E669971-EA99-4C15-9E5F-717579510B8CTo learn more about the program, visit Don’t Wait for Washington.

To speak up on the issue, contact Congress via Plug In America.

Text and Photography: Zero Motorcycles

 

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