Karma Revero GT

AFTER INCENTIVES

$135,800

MSRP

$144,800

ESTIMATED INCENTIVES

$9,000

Loan Payment

$2,554 / month

Down Payment

$15,602

10% of MSRP plus tax

ESTIMATED INCENTIVES

$9,000

Lease Payment

$1,803 / month

FIRST LEASE PAYMENT

$17,405

Incentives For Lease

$9,000

TYPE

Sedan

Minimum Seats

FUEL TYPE

PHEV

ELECTRIC RANGE

61 miles

Total Range

330 miles

TIME TO CHARGE - LEVEL 2

~ 4 hr 40 min

BATTERY SIZE

28 kWh

CO2 EMISSIONS REDUCTION

7,901 lbs/yr

Trees Planted

165

Gasoline Saved

692 gal/yr

See the FAQ page for detailed explanations about your EV

For more details including charts & calculations, please view this page on a desktop.

Compare the Karma Revero GT to a similar gas vehicle, the Mercedes-Benz S560 Convertible

Purchase Method

Miles Driven Per Year

20,000 miles

Portion Electric for PHEV

60%

Years of Ownership/Lease

5 Years

Gasoline Price ($/gal)

$2.95

Assumptions

Sales Tax7.75%

Electricity Rate$0.1169/kWh

Electricity rate is calculated as a blended rate based off an average household consumption of 700 kWh. To learn more, please click here.

Results have been updated as of 1/11/2021, 10:45:13 PM.

The Karma Revero GT is $114 cheaper to fill up monthly

See the FAQ page for detailed explanations about your EV

Vehicles	Electricity	Gasoline	Total
Karma Revero GT	$56	$76	$132
Mercedes-Benz S560 Convertible	$0	$246	$246

The Karma Revero GT is $6,027 more expensive to own over 5 Years

See the FAQ page for detailed explanations about your EV

Description	Karma Revero GT	Mercedes-Benz S560 Convertible
Vehicle	$111,985	$98,593
Maintenance	$6,818	$8,627
Insurance	$14,078	$12,790
Electricity	$3,367	$0
Gasoline	$4,538	$14,750
Total	$140,787	$134,760

We selected the Mercedes-Benz S560 Convertible based on its proximity to the Karma Revero GT based on brand, size, and price.

See the FAQ page for detailed explanations about your EV

For more details including charts & calculations, please view this page on a desktop.

Up to $9,000 in tax credits and rebates are potentially available
for the Karma Revero GT

Tax Credit

$7,500

Federal Tax Credit

Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2020, may receive a tax credit of up to $1,000.

Vehicle Financing

California Clean Vehicle Assistance Program Beneficial State Foundation

Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

Vehicle Rebate

$1,500

California Clean Fuel Reward

A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption

Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

Vehicle Rebate

Up to $500

Imperial Irrigation District EV Charger Rebate

IID now offers rebates of $500 to customers who purchase and install a Level 2 (240V) plug-in electric vehicle home charger in 2020.

Tax Credit

$7,500

Federal Tax Credit

Tax credit for the purchase of a new plug-in electric drive motor vehicle. Credit amount depends on the car's battery capacity.

Tax Credit

Up to $1,000

Federal Alternative Fuel Infrastructure Tax Credit

Customers who purchase qualified residential fueling equipment before December 31, 2020, may receive a tax credit of up to $1,000.

Vehicle Financing

California Clean Vehicle Assistance Program Beneficial State Foundation

Beneficial State Bank has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program.

Vehicle Rebate

$1,500

California Clean Fuel Reward

A point-of-sale reward available to all California residents who purchase or lease of an eligible new Battery Electric (BEV) or Plug-in Hybrid (PHEV) vehicle at participating retailers.

HOV Lane

California High Occupancy Vehicle (HOV) Lane Exemption

Electric vehicles may use HOV lanes regardless of the number of occupants in the vehicle.

Vehicle Rebate

Up to $500

Imperial Irrigation District EV Charger Rebate

IID now offers rebates of $500 to customers who purchase and install a Level 2 (240V) plug-in electric vehicle home charger in 2020.

Charging Stations

Public stations
Installed by business or government

Other Types of Stations
Private stations