Ownership Advantages
$7,500 federal tax credit.4
Two words: Cha. Ching.
Great news. The IRS will reward your purchase of the Mitsubishi i with a generous $7,5004 tax credit. In addition, many cities and states are offering tax incentives and rebates on top of the federal benefit 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 order 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.
pluginamerica.org
goelectricdrive.com
It turns out gasoline is kind of expensive.
As you happily zip past the gas station (where it's $3-$5 per gallon) to charge
your Mitsubishi i at home (where it's probably about 12 cents per kilowatt-hour),
you'll be saving money. Lots of it. Even compared to a hybrid. Let's take a look.
The comparison to regular gas-powered cars is even more impressive. If you drive
the Mitsubishi i 15,000 miles per year, you could expect to spend as little as $541 on electricity.
An efficient gas car with a respectable mpg rating can consume more than $1,980 worth of
gasoline each year.6 Yikes.
Less maintenance.
Therefore less maintenance costs.
A gas-powered car has hundreds of parts that simply aren't
required on the 100% electric Mitsubishi i. Over time, there's
less to wear out and less to require attention during a
regularly scheduled maintenance. It's a fact that could
translate to greater long-term savings for you, the proud
owner.
For example, the Mitsubishi i has no use for the following:
Based upon various EPA testing methods using different driving conditions and climate controls; the EPA rated the Mitsubishi i with a driving range of 62 miles per charge. Actual range will vary depending on driving/charging habits, speed, conditions, weather, temperature, and battery age. Gradual loss of battery capacity will result with time and use.
Subject to rules and availability. Taxpayer must incur federal tax liability to receive full benefit. Consult your tax professional.
Manufacturer's Suggested Retail Price. Excludes destination/handling,
tax, title, license etc. Retailer price, terms and vehicle availability may vary. See your Mitsubishi
retailer for details. Destination/handling charges for Mitsubishi i $850;
Alaska/Hawaii $975. Tax savings subject to rules and availability. Taxpayer
must incur federal tax liability to receive full benefit. Consult your tax
professional. Actual prices set by retailer.
Pre-ordering the Mitsubishi i requires a one-time, refundable PayPal deposit of $299 for the car. The additional $99.99 required inspection fee will be waived if you order before April 18, 2012. Mitsubishi has partnered with AeroVironment and Best Buy's Geek Squad® professionals to offer home inspections.
Figures based on $4.00 per gallon and 12 cents per kWh. Actual
results may vary depending on your local electricity and fuel costs.
1The Mitsubishi i is the most affordable electric vehicle in America.
And with a federal tax incentive it's even more affordable.
ES TRIM
$29,125 MSRP
- $7,500 federal tax credit
= $21,625 after tax credit
SE TRIM
$31,125 MSRP
- $7,500 federal tax credit
= $23,625 after tax credit
Manufacturer's Suggested Retail Price. Excludes destination/handling,
tax, title, license etc. Retailer price, terms and vehicle availability may vary. See your Mitsubishi
retailer for details. Destination/handling charges for Mitsubishi i $850;
Alaska/Hawaii $975. Tax savings subject to rules and availability. Taxpayer
must incur federal tax liability to receive full benefit. Consult your tax
professional. Actual prices set by retailer.