At the EDTA Expo in DC this week, Felix Kramer of CalCars is circulating a proposal to a.) help the auto industry and b.) bring more plug-in vehicles (PHEVs) to market. The idea is for customers to pre-pay for PHEVs now and take delivery by 2012, at the latest. CalCars says the idea would deliver "the fuel-efficient low-emissions plug-in cars people want, using today's technology and today's infrastructure" (read it in full after the jump). While in some ways the proposal is a loan from the end users (us) to the companies, the idea really hinges on making those bailout billions dependant on the automakers actually getting plug-in hybrids to market. They would be "encouraged" to take $10,000 deposits on the highway-speed PHEVs with at least 4kWh battery packs in them. Loan guarantee bailout money becomes available to the automakers once they "commit by year-end 2008 to have at least one eligible plug-in vehicle for sale by the end of 2010 in volumes greater than 10,000." The amount of the loan guarantee is dependent on the volume of prepayments they collect.
So, what do we get out of the deal? Well, aside from potentially saving the auto companies, the proposal suggests a 100 percent refundable tax credit for the $10,000. There would also be tax credits or grants for fleet purchases. Don't say CalCars isn't ambitious: the groups says that, "We aim to enlist five million pre-purchasers. At an average of $10,000, this will generate $50 billion for carmakers. Buyers will get the money back in less than a year via tax credits."
Read the full details after the jump. Then, tell us, would you - today - give Ford or GM $10,000 for an Escape PHEV or the Volt?