One of the leading electric car companies in the world, CODA Automotive, just announced a new offer for Californian customers. It’ll give you 10,000 miles of free fuel when you purchase its new 2012 CODA in October.
“With gas prices this high in California, this is the perfect opportunity to spell out the extremely low operating costs electric vehicles have to consumers,” said Thomas Hausch, CODA senior vice president of sales, marketing and aftersales. “When comparing vehicles, the total cost of ownership (TCO) is critical to consider, along with the purchase price, as it provides a comprehensive view of the bottom line. Once consumers review these factors and in turn, discover the benefits of an EV – including significantly lower maintenance costs, avoiding high gas prices completely, low electricity prices, access to the carpool lane, various tax incentives and more – going electric in today’s climate makes a lot of sense. It makes you think: When has cutting edge technology been more affordable than the ‘old school’ version it replaces soon after its introduction?”
The deal makes a very clear contrast between the very low ‘fuel’ costs of EVs and the continually rising fuel costs of fossil-fuel-powered cars. Driving a CODA for 10,000 miles only costs you about $552 in electricity, compared to the $1500-$2000 you’d spend for gasoline or diesel.
Another significant advantage for EV owners is that they won’t be subject to the effects of fuel inflation. During the last twenty years, “the average U.S. real retail gasoline price increased 106 percent when the average U.S. real residential electricity price declined 12 percent.”
The rebate will be for the new 2012 CODA, the first completely electric five-passenger, compact sedan, possessing full rear seating and large trunk space. It will have a range of at least 88 miles per charge, and up to 125 miles. And the recharge speed looks to be pretty good, at about six hours for a full charge.
With all the tax credits taken into account, the total price in California works out to about $27,250.
CODA’s 10,000 free miles promotion is a point-of-sale instant rebate of $552 and is available through CODA dealers through October 31, 2012. California consumers can contact a CODA dealer for test drives and more information: CODA Los Angeles; CODA of Silicon Valley; Fladeboe CODA in Irvine, Calif.; and Marvin K. Brown CODA San Diego.
Source and Image: Coda Automotive