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When automotive talk turns cheap, the most common vehicle that comes up is the Tata Nano, which currently holds the title as the Cheapest New Car in the World and is only available in India. So, Americans, how would you like to snag a brand-new electric car for the low, low price of just $865 right here in the United States? If you happen to live in Oklahoma, you can do just that... sort of.

There's plenty of fine print, naturally. For instance, the electric car in question, the Kandi Coco, is really a Low Speed Vehicle (or LSV) that is capped by law to a top speed of 25 miles per hour and restricted to roads with speed limits of 35 mph or less. And yes, it's made in China and looks something like half a Smart Fortwo. Still, the Coco carries an MSRP of $10,599 and you may be able to score one dirt cheap thanks to a couple of available state and federal rebates.

The first deduction comes from the federal government and cuts the price by $4,435. Next, the State of Oklahoma deducts another $5,299 from the starting price for a total rebate of $9,734. Do the math, and that equals one Kandi Coco for $865 – but only if you live in Oklahoma, and only if you make the purchase before the end of the year. Now... go out and get that giant red bow before it's too late. And don't forget about the free EV option.


[Source: Kandi via Automobile Magazine]


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    • 1 Second Ago
  • 43 Comments
      Art Faucett
      • 5 Months Ago
      Options available: A loss of self respect. People laughing and pointing at you. Your own free coffin when you get hit
      • 5 Years Ago
      What is the benefit of subsidizing 25 mph electric vehicles with tax dollars? Even a golf cart qualifies, and some people wonder why many of us have no desire to have the government take more of our money.
        • 3 Months Ago
        If NEVs are such a good idea, why is the US TAXPAYER being forced to help people buy them?

        It they WERE such a Great Idea, the would not NEED taxpayer money!!!
        • 5 Years Ago
        NEVs like this are the ideal urban BEVs. Most people who live in an urban area don't drive very far, and traffic congestion and parking are more of a concern so the smaller the vehicle the better. Perfect for a short trip to the market or quick trips across town.

        • 3 Months Ago
        Tim

        Your logic could be applied to BEVs, PHEVs, FCVs, airplanes, trains, interstate highways, etc, etc...

        I'm not debating whether tax incentives are proper; I stand by my statement. I believe that NEVs will represent the biggest market for BEVs.
      harlanx6
      • 5 Years Ago
      You Okies get all the good stuff!
      • 5 Years Ago
      I live in Oklahoma City. Thought about buying one of these for my 7 mile commute to work - hey - you can't beat $865! Problem is - you can't get anywhere in Oklahoma without touching a road with a 40 mph speed limit - so the thing is worthless here - except for going off road - or maybe driving to the mail box to pick up the mail. $865 to go pick up the mail - I decided to keep walking.

      David.
        swoboda
        • 3 Months Ago
        Hey that's a good price for an electric golf cart. Not sure why we'd subsidize golf carts however.
        • 3 Months Ago
        "$865 to go pick up the mail - I decided to keep walking."

        Ha, thanks for the laugh!
      • 1 Year Ago
      ahem ahem.. By the way, the Tata Nano is a 4 seater and much safer vehicle than this EV can ever be.
      rkeeeballs
      • 1 Year Ago
      ....If I lived in Oklahoma .....that golf cart would be mine !
      Thereminator
      • 1 Year Ago
      Can I just send my tax's to china?
      Spec
      • 1 Year Ago
      NEVs only get a 10% tax credit. That $4,435 tax-credit value is WRONG as far as I know.
      • 1 Year Ago
      Viva U.S.A!! Ojala con el tratado de libre comercio pronto podamos tener esto en Mexico.
        • 3 Months Ago
        Gee...isn't "poder" an "er" verb? And so, "podamos" is actually incorrect...it should be PODEMOS! Wow, who would have thought that a "Nativo Mexicano" would get a language lesson from an American "Gringo"!
          Ramiro Leonardo Pina
          • 3 Months Ago
          He is using the subjunctive tense, so "podamos" is correct. "podemos" is present tense.
      • 1 Year Ago
      You'll most likely be spotting these roving the golf courses of Oklahoma!
      FCI Fincl Serv
      • 1 Year Ago
      It's made in The People's Republic of China. The cardboard shipping box will work longer than the car will!
      • 5 Years Ago
      Where do you insert the winding key???

      Oh, right... it's battery operated. (nevermind)
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