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Boulder Sales and er... Gallery?

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dpeilow

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May 23, 2008
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Tesla Motors part of temporary fill for downtown Boulder building - Boulder Daily Camera


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Tesla Motors part of temporary fill for downtown Boulder building

By Alicia Wallace Camera Business Writer
Posted: 10/15/2009 06:35:12 PM MDT

A Pearl Street property targeted for redevelopment soon will serve as a temporary showroom for automaker Tesla Motors' electronic vehicle technology.

The development group that owns 915 Pearl St. is remodeling the interior of the 5,900-square-foot space for an "electric automotive demonstration gallery" for technology -- including batteries and chargers -- to be displayed by Tesla Motors, according to a building permit filed with the city of Boulder. The California-based company makes high-performance electric sports cars whose prices range from $49,900 to above $100,000.

The nearly $148,000 project is defined as "temporary," according to the permit, and is one of a handful of higher-profile downtown Boulder locations in stages of transition amid the recession as some prominently located restaurants and retailers have closed and others, including Boulder-based Egg Strategy, have settled into new spaces.
 
That price range is stunning.

When I first read about the Colorado tax rebates I chalked it up to a typo!:confused:

But I was just at the LA store where they confirmed. Colorado has a $42K (Forty two thousand dollar) tax rebate on the Roadster.:eek: Add in $7,500 from the Feds and you near have a half price car. I considered selling mine, moving to Denver for a year (why not?) and pocketing 30K.

Oklahoma is said to have similar incentives.
 
I live in Denver and only recently began thinking about buying a Tesla. I was intrigued by the tax credit. It appears to be a credit towards state income taxes paid that can be carried forward for 5 years. CO has a flat income tax rate of 4.63% so doing a little math:

$42,083 / 4.63% = $908,920

$908,920 / 5 = $181,784

So, to realize the full tax credit, you would have to have an annual gross income of $181,784.

The statute is set to automatically repeal in 2016.
 
Kimbal Musk: Tesla Motors to Open Gallery in Boulder, Colorado - Huffington Post

... And until it expires at the end of 2009, any Tesla Roadster buyer can take advantage of a pretty amazing tax credit by the State of Colorado to promote electric vehicle sales in the state. You can learn more about it here.

The Tesla store will open with a bang with a VIP opening party at the Tesla Store on October 23. It's going to be the hottest ticket of the month. And I have five tickets to give away! The first five people to tweet 'Tesla Rocks' to @kimbal will get the tickets.
Kimbal includes video of the Roadster driving on snow. More reason to get that winter tire thing sorted.
 
ABG
...It seems, however, that this outpost in Boulder, Colorado will be somewhat different from its regular retail operations. According to their building permit it will be an "electric automotive demonstration gallery" for technology that includes batteries and chargers. It will also be temporary. The land at 915 Pearl St. was purchased by developers last year and should eventually be occupied by a fancy Italian restaurant with luxury condos on top, but that plan is currently "behind schedule" so, for a while at least, it will be Tesla's Centennial State squat.

Tesla's temporary gallery opening this Friday in Colorado — Autoblog Green

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I see this move as Tesla doing an all-out sales blitz that includes this temporary store to sell as many Roadsters as possible while there is still the huge discount on the car.
 
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Tesla Roadster for $67K in Colorado

According to this website:

Want $42K Off A New Tesla Roadster? Call Your Colorado Cousin - Green Car Reports

It sounds too good to be true, but here it is: You can buy a 2009 Tesla Roadster, with a list price of $109,900, and pay just $67,800 for it.

At least, you can if you live in Colorado and buy it before December 31.

That's when a special Colorado tax credit, designed to encourage the purchase of low-emission cars, is due to end.

$42K Tesla tax credit

Incidentally, I do have a cousin in Colorado. Maybe I should give him a call...

I can see this sort of thing getting shot down by angry voters though. It seems like something that happen these days. It's very exciting for anyone actually in Colorado and in the market for a roadster though.
 
It's been around for a number of years ... but there had been some confusion as to what "comparable" vehicle to use vis-a-vis the Tesla Roadster to establish the calculation and the size of the credit against your state income tax (not rebate -- a HUGE difference, considering the tax rate is 4.63% ). Now that the Colorado Dept. of Revenue has confirmed the size of the credit ... floodgates are open. Not much time left, though.