Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Golf Carts—Sorry, LSVs—Win Big in Stimulus

Electric car credit goes to street-legal carts

By Kevin Spak,  Newser Staff

Posted Oct 28, 2009 12:29 PM CDT

(Newser) – The federal government really wants to buy you a golf cart—as long as you don’t call it a golf cart. The stimulus contains a tax credit of up to $7,500 for anyone buying an electric vehicle, provided it’s primarily used on the road. So dealers are selling “LSVs” (low-speed vehicles)—cheap, street-legal buggies that happen to look and drive an awful lot like golf carts, ABC News reports.

The vehicles cost a fraction of a real electric car. One that ABC test drove cost just $8,000, and was eligible for a $6,000 write-off—which, if you’re keeping track, is more cash than anyone got for their clunker. It’s probably not what Congress had in mind when it wrote up the provision, but the IRS recently certified the vehicles as eligible for the credit, though it stresses that they’re definitely not golf carts.

They even transport firefighters.
They even transport firefighters.   (AP Photo/Reed Saxon)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Showing 3 of 9 comments
JoeQ
Oct 29, 2009 12:12 PM CDT
These are actually great vehicles for quick trips to the store and such. Some of them are made to look like tiny replicas of classice cars like the 57 Chevy. They are popular in resort areas and retirement towns, just don't try to take one on the freeway.
Netstorm2k10
Oct 28, 2009 10:57 AM CDT
This would be good for picking up my kids from school. Same neighborhood, so it'd be perfect. No major roads to drive on. I wonder if they'd have to revamp the sidewalks though.
sully4411
Oct 28, 2009 9:44 AM CDT
wait how do i take advantage of this offer???

More Newser Stories

Obama Critics: Really So 'Dumb'?

GM Ready to Fix Your Volt

40K New State Laws Kick In for 2012

Tsunami Survivors: Nissan Leaf Batteries

GM: We'll Buy Back Your Volt


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne