|
|
|
|
Zap Xebra
Cost: $11,700
Tax credit: About $1,200*
The Xebra looks like a tiny car, but it has only three wheels. That matters because under the law, a car isn't a car unless it has four wheels.The lack of a fourth wheel makes the Xebra technically more like a motorcycle, which means it doesn't need airbags or crash-safety gear, and they can ride on any highway with no maximum speed limit.
But buyers need to be aware that, despite its appearance, the Xebra doesn't offer the crash protection of even a small car.
Under the new rules, buyers of two-wheeled or three-wheeled electric vehicles like the Xebra can get a tax credit for up to 10% of the vehicles' cost or $2,500, whichever is less. Tax credits for two- and three-wheeled vehicles don't take effect until next year, but a Zap spokesman said, those who buy this year will be able to apply for the credit in 2010.
NEXT: EV Innovations Flash
Last updated February 23 2009: 1:53 PM ET
RSS*Based on reading of legislation. IRS rules not yet finalized.
Find your next Car
More Galleries
Through most of the decade Florida was one of the fastest growing states. But the sunny clime -- and 6 others -- lost more residents than they gained in the year ended July 1. More
In just 10 years, the market's changed a lot when it comes to cars. Where are these models now? The Prius became a hit; the Aztek got killed. More
President Obama meets often with small business owners, peppering his speeches with their stories. We checked in with 6 entrepreneurs touted by the President to find out how they handle health care. More
Special Offer
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET. Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data. Fundamental data provided by Morningstar, Inc.. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
