A start up electric car company in Santa Monica, California announced on Tuesday that they will start taking deposits for their new four door sedan, and start delivering the cars in December.
The Coda, the name of the sedan, will be priced at $44,900 will be competing with other electric models that are due out this year. All buyers will be eligible for a $7,500 federal tax credit and $5,000 California tax rebate, which brings the price down to $32,400. Coda said it will be eligible for carpool-lane access through 2015.
The all-electric Coda will have a 90- to 120-mile range, depending on driving speed, weather and other factors. The cars will be built in China and based on a design licensed from Mitsubishi but is greatly modified by the Coda company.
People interested in purchasing the electric sedan can visit www.codaautomotive.com. CODA is collecting refundable $500 deposits if you want to reserve a car. Coda plans to offer a three-year or 36,000-mile warranty on the vehicle and a battery warranty of eight-years or 100,000 miles.
The company plans to sell directly to consumers with show rooms to be placed in Santa Monica and the San Francisco Bay Area. Will your California Auto Insurance go down from buying an electric car? Contact Sutherland-Scherff Insurance today for more information on how today’s changing technologies will affect you insurance.
The Coda, the name of the sedan, will be priced at $44,900 will be competing with other electric models that are due out this year. All buyers will be eligible for a $7,500 federal tax credit and $5,000 California tax rebate, which brings the price down to $32,400. Coda said it will be eligible for carpool-lane access through 2015.
The all-electric Coda will have a 90- to 120-mile range, depending on driving speed, weather and other factors. The cars will be built in China and based on a design licensed from Mitsubishi but is greatly modified by the Coda company.
People interested in purchasing the electric sedan can visit www.codaautomotive.com. CODA is collecting refundable $500 deposits if you want to reserve a car. Coda plans to offer a three-year or 36,000-mile warranty on the vehicle and a battery warranty of eight-years or 100,000 miles.
The company plans to sell directly to consumers with show rooms to be placed in Santa Monica and the San Francisco Bay Area. Will your California Auto Insurance go down from buying an electric car? Contact Sutherland-Scherff Insurance today for more information on how today’s changing technologies will affect you insurance.
