> I am planning to buy a 3 to 5 year old compact, convert to full
electric and sell for $23,500 and that will also be elegible for the $7,500
Federal credit so it is a lot like $16,000 retail and I include a healthy
profit and overhead in my calculations. (Part of my "Trick" is using the
students to do the labor)and while teaching them how, why, and business
skills to!
Dennis,
Are you sure a Conversion qualifies for that $7500 credit? I am pretty sure
that a conversion only is eligible for a 10% credit and up to $4000......
Sincerely;
Douglas A. Stansfield
President
www.TransAtlanticElectricConversions.com
973-875-6276 (office)
973-670-9208 (cell)
973-440-1619 (fax)
ELECTRIC CAR PRODUCERS
-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf
Of Dennis Miles
Sent: Friday, October 15, 2010 3:23 PM
To: Electric Vehicle Discussion List
Subject: Re: [EVDL] EV Business?
WOW, this topic has a lot of interest!
G-mail formats them all out to about a dozen pages.
Many of you know I am ready to open a Technical Institute for EV
Technicians. I had had a lot of interested inquiries from possible students
from all over the USA and many other countries. I am seeking a partner with
$30k or several small investors with $10K each, a large return may the
result, perhaps as much as 10 times the investment in three years,if you
have any interest in that please contact me by phone or e-mail off the list.
"Lets talk!"
To the many who speak of buying a $15,000 vehice and adding a $4,000
extrnded range battery pack, then compare it to a Leaf at $21,000 after
rebates, I must ask, WHERE IS THE PROFIT? (excuse the shouting.) Are you
just building one for yourself? because a business suggests a desired profit
after overhead so typical markup from actual cost is 2 or 3 times the cost,
can you sell it for $58,000 or even $38,000 if not you are contemplating a
"Not-for-profit" hobby, that is not a business.
I am planning to buy a 3 to 5 year old compact, convert to full
electric and sell for $23,500 and that will also be elegible for the $7,500
Federal credit so it is a lot like $16,000 retail and I include a healthy
profit and overhead in my calculations. (Part of my "Trick" is using the
students to do the labor)and while teaching them how, why, and business
skills to!
Regards,
*Dennis Lee Miles* (Director) *E.V.T.I. inc*.
*www.E-V-T-I-Inc.COM <http://www.e-v-t-i-inc.com/> *(Adviser)*
EVTI-EVAEducation Chapter
*
Phone (863) 944 - 9913
Initial demand (computed by extrapolating the reservations for GM Volt and
Nissan Leaf,) shall exceed 200,000 vehicles in 2010 and 2011. However only
50,000 vehicles will be marketed, so a LARGE demand for Nice Newer
Conversions is predicted!
=================================================================
On Thu, Oct 14, 2010 at 1:55 PM, Jack Murray
electric and sell for $23,500 and that will also be elegible for the $7,500
Federal credit so it is a lot like $16,000 retail and I include a healthy
profit and overhead in my calculations. (Part of my "Trick" is using the
students to do the labor)and while teaching them how, why, and business
skills to!
Dennis,
Are you sure a Conversion qualifies for that $7500 credit? I am pretty sure
that a conversion only is eligible for a 10% credit and up to $4000......
Sincerely;
Douglas A. Stansfield
President
www.TransAtlanticElectricConversions.com
973-875-6276 (office)
973-670-9208 (cell)
973-440-1619 (fax)
ELECTRIC CAR PRODUCERS
-----Original Message-----
From: [email protected] [mailto:[email protected]] On Behalf
Of Dennis Miles
Sent: Friday, October 15, 2010 3:23 PM
To: Electric Vehicle Discussion List
Subject: Re: [EVDL] EV Business?
WOW, this topic has a lot of interest!
G-mail formats them all out to about a dozen pages.
Many of you know I am ready to open a Technical Institute for EV
Technicians. I had had a lot of interested inquiries from possible students
from all over the USA and many other countries. I am seeking a partner with
$30k or several small investors with $10K each, a large return may the
result, perhaps as much as 10 times the investment in three years,if you
have any interest in that please contact me by phone or e-mail off the list.
"Lets talk!"
To the many who speak of buying a $15,000 vehice and adding a $4,000
extrnded range battery pack, then compare it to a Leaf at $21,000 after
rebates, I must ask, WHERE IS THE PROFIT? (excuse the shouting.) Are you
just building one for yourself? because a business suggests a desired profit
after overhead so typical markup from actual cost is 2 or 3 times the cost,
can you sell it for $58,000 or even $38,000 if not you are contemplating a
"Not-for-profit" hobby, that is not a business.
I am planning to buy a 3 to 5 year old compact, convert to full
electric and sell for $23,500 and that will also be elegible for the $7,500
Federal credit so it is a lot like $16,000 retail and I include a healthy
profit and overhead in my calculations. (Part of my "Trick" is using the
students to do the labor)and while teaching them how, why, and business
skills to!
Regards,
*Dennis Lee Miles* (Director) *E.V.T.I. inc*.
*www.E-V-T-I-Inc.COM <http://www.e-v-t-i-inc.com/> *(Adviser)*
EVTI-EVAEducation Chapter
*
Phone (863) 944 - 9913
Initial demand (computed by extrapolating the reservations for GM Volt and
Nissan Leaf,) shall exceed 200,000 vehicles in 2010 and 2011. However only
50,000 vehicles will be marketed, so a LARGE demand for Nice Newer
Conversions is predicted!
=================================================================
On Thu, Oct 14, 2010 at 1:55 PM, Jack Murray
<[email protected]>wrote:
>
> I've been contemplating another self-startup in the EV business.
> What type of businesses have been successful?
> Where will growth and demand be in the future?
>
> It seems many have tried a business converting cars to electric,
> doesn't seem to have worked with a few exceptions.
>
> Selling parts to DIY conversions?
> Certainly some have been successful.
>
> Design and manufacturing components?
> Seems a tough road, chinese competition.
>
> Design and sell Kit Car or plans??
> Seems a high-risk, low-reward limited market?
>
> Plug-in conversions for Prius?
> Now have "big boys" in this business with A123.
> I'm thinking this is the best opportunity right now,
> with the Prius coming off warranty and the old batteries wearing out, it
> there will be good demand for plug-in conversion?
>
> What does EVLD say?
>
> Jack Murray
> Nimble Motorsports
>
>
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