Zero Motorcycles reported that they are returning their “Cash For Carbon” program at their partnered dealerships.
This initiative is a win-win combination for Zero Motorcycles and riders who wish to transfer to the EV market. As the gas prices are more uncertain than ever, many people are looking for more fuel-efficient alternatives. Hence, this program creates an excellent opportunity for switching to a more energy-efficient option.
If you wish to participate in this program, it works in the following manner. Zero Motorcycle will increase and take into account the trade-in value of the gas-powered motorcycle. That amount will then be subtracted from the price of a 2020/2021 SR/F or SR/S motorcycles.
Zero Motorcycles will grant a $1,500 credit to stack upon the subtracted value, adding the cherry to the top. This will qualify under the 10% Federal Tax Credit in the US and the perks of any local tax initiatives.
The maximum amount that can be subtracted is $4,000 which is nice, considering that a new Zero bike costs between $10,000 and $25,000.
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Source: Web Bike World
