Published on December 29th, 2015 | by Sponsored Content5
3 Days Left: Support Putting A Price On Carbon & Get A Chance To Win A Tesla!
December 29th, 2015 by Sponsored Content
There aren’t very many times in life where something is a win-win, but this sure feels like one of those rare moments. The folks over at Climate XChange have put together one of the coolest raffles that I have seen to raise money for a great cause — to support the implementation of carbon pricing in Massachusetts while at the same time raising awareness of climate change.
Climate XChange’s mission is to “reduce global warming pollution and strengthen the economy through comprehensive market-based carbon pricing in Massachusetts.” Take a trip over to the group’s website, which has all of the details of the fantastic work the organization is doing in Massachusetts as well as the full detail on what you can do to get your name into the virtual hat for a new Tesla Model S or Model X set up just the way you want it. Or you can just hop in and buy some tickets right away:
Climate XChange has set up this raffle in a unique way to make it as “pain free” (as if winning a Tesla could be painful) as possible. The raffle prize is actually $110,450 in cash paid directly to Tesla to be used to purchase a new or “Certified Pre-Owned” Tesla, rather than a Tesla itself. That means you can set it up exactly the way you want it, all the way down to the floormats and center console design. You even have the option of putting the money towards a Model X — though, that may entail waiting for a year or so for Tesla to work through the lengthy backlog of orders first.
Back to the pain-free part — the organization is looking out for you by including the full tax on the value of the prize (that it’ll pay directly to the IRS on your behalf). Yes, Climate XChange will pay the $36,730 in tax the winner would have owed for winning the car (which counts as income to the IRS). The organization will also pay for a new home EV charging station (EVSE) and even $500 for the installation of the charger.
The odds are way better than your average lottery ticket as well, with a maximum of 2,000 raffle tickets sold, which gives each ticket a 1 in 2,000 chance of winning a brand new Tesla.
The raffle ticket sales end at 10:00 pm EST on December 31, 2015, and the drawing will be held at 11:00 pm EST.
There are several other prizes up for grabs as well, in addition to the Tesla, so check out the raffle website and purchase a ticket if you want to support a new carbon tax in Massachusetts… and possibly win a Tesla while you’re at it. Here are the details on the Grand Prize from the raffle page:
Build Your Own Tesla! Pick a Model S Sedan or an X SUV! Choose your options, colors, interior, etc.! Want special accommodations for the kids? Add the rear-facing Tesla child seats, creating a car that seats 5 adults + 2 kids! Over $100,000 worth of high-performance, zero emissions, premium electric automobile!
Here’s a sample for you. This is the car we ourselves configured on the teslamotors.com website, and what you could have for yourself if you win this awesome Grand Prize! When you win, you might choose differently; even the Model X SUV instead of the Model S Sedan.
We also threw in “No Pain” Prize Additions so that your car would be even easier to bring home:
- Tesla’s Destination & Regulatory Doc Fee — $1,200
- Tesla’s High-Power Wall Charger (HPWC) — $750
- Electrician to install charging line & HPWC — $500
- Then there’s your state vehicle excise tax. And any additional state income tax you might owe because you won this prize.
- State Vehicle Excise Tax & State Income Taxes — $5000
Let’s add it up:
- High-Performance Premium Sedan — $103,000
- Destination & Regulatory Doc Fee — $1,200
- High-Power Wall Charger & Electrician — $1,250
- State Taxes — $5,000
Total — $110,450
When your car is ready, you’ll be able to pick it up at the nearest Tesla Service Center. At Tesla’s option and in Tesla’s sole discretion, delivery may be made directly to you at home! But wait… there’s more! A LOT more!
Climate XChange also pays the Federal Withholding Tax on your behalf. A different IRS rule applies, though, so this is what CXC will pay:
- 33.33% of Fair Market Value — $36,729.66
- For this Grand Prize, CXC will outlay a total of $147,180.
*Full disclosure: This article has been kindly sponsored by Climate XChange. Also, Climate XChange has no affiliation with or sponsorship by Tesla Motors Company.
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