Talk of The Villages Florida - View Single Post - LSV changes
Thread: LSV changes
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Old 05-05-2013, 03:23 PM
justjim justjim is offline
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Default Tax Credit Available to All

Quote:
Originally Posted by njbchbum View Post
amen!

and whose $$ funded those tax breaks?
Tax break was available to anyone wanting to buy a LSV. If I remember correctly, the tax credit (2010 I think) was around $5,000---a little more or less depending on the cart you purchased. The various dealers charged an average of $2,500-$3,000 MORE for the cart and made out "big time" as about the only difference I saw was safety belts. The one I looked at had the same motor but was geared slightly different to get it up to 25mph. In order to get insurance---about $1000---$1200 per year---another "rip off" IMHO. Bottom line---the "deal" was pretty much another government boondoggle. However, for those that wanted or needed an LSV when the tax break was offered it was a good time to buy one. Remember, not everybody lives in TV, although sometimes it may seem that way!
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