CARB Reopens Incentives for Clean Air Trucks

CARB Reopens Incentives for Clean Air Trucks

The California Air Resources Board (CARB) and CALSTART have announced the reopening of the popular HVIP Incentive Program. This year’s program makes available $165 million to California-based businesses that will upgrade their fleets with new, zero-emission and near-zero-emission clean vehicles. This great program is a first come, first served opportunity to make electric and hybrid trucks as affordable as their fossil-fueled predecessors in an effort to reduce emissions in the state of California.

This year’s HVIP funds have 2 release dates: the first has already seen the funds exhausted, and the second starts on August 10th. Drayage trucks and Class 8 commercial trucks are exempt from the pause in support of CARB’s Project 800 initiative. This project has a goal of 800 zero-emission drayage trucks in 2021, advancing California’s clean transportation sector.

Greater vehicle options in CARB 2021 program is paving the way for more businesses and public fleets to embrace clean air vehicles as well as to help the market grow and accelerate these technologies.

CARB ProgramSince its inception, HVIP has provided over $400 million in funding to help businesses and public fleets deploy more than 7 thousand clean air vehicles.

We are excited to help our local businesses be part of the 2021 HVIP program.  We encourage you to call us to get onboard while funds are available. In addition to the immediate savings, the long-term savings and benefits are substantial. With fuel costs rising and savings on maintenance, this program is a huge benefit to our local San Diego businesses that need to upgrade or add to their existing fleets.

Don’t Delay – the $165 million in funding will run out!

Every year these funds are exhausted quickly. The 2-phased approach this year will help more businesses get an opportunity, but we urge you to act quickly. Call our helpful staff right away for details and assistance. For complete details, go to HVIP Open for New Voucher Requests

Why C&M Motors

C&M Motors is a locally owned and operated family business serving the greater San Diego area since 1982. With 2 locations to serve you (National City and Vista), we offer a more personalized experience and customized services to meet your business needs. Sales, service, rentals, maintenance, collision, fabrication, parts, and 24/7 emergency roadside assistance are all available at C&M Motors.

 

C&M Motors Inc

www.cmmotorsinc.com

(800) 736-3443

Why Electric Trucks are Better

Why Electric Trucks are Better

Electric trucks provide reduction in greenhouse gas emissions which is especially beneficial in an urban setting. In fact, electric trucks have been shown to cut greenhouse gas emissions by a third or more over diesel trucks.

Other Benefits Electric Trucks Offer

Less Noise.

While this seems obvious, why is this a benefit? Lack of noise means they can operate at times when a diesel truck cannot. This can provide a significant benefit to businesses operating in congested urban areas with evening noise restrictions.

Regenerative Braking

An electric truck has a highly efficient drivetrain and offers energy recovery during braking. When measured together, the regenerative braking and super-efficient drivetrain can lead to about five times higher efficiency for an electric truck.

Alternate Energy Sources

If you drive a diesel truck, there is only one way to fuel your truck. Diesel. If you invest in an electric truck, you have more options. You can charge your electric battery with standard plugin, paid-for electricity OR you can invest in solar for your company which would significantly drive down the cost of operations for your fleet.

Why SEA Electric and C&M Motors

SEA Electric was founded in Australia in 2012 and has been providing outstanding automotive technology for many years. In 2017, SEA Electric launched its first all-electric power-system that can be added to the truck chassis of your choice. These electric engines are the world’s most cost-effective solution for the commercial market. Zero emissions, super quiet, and a powerful, smooth ride.

C&M Motors is a locally owned and operated family business serving the greater San Diego area since 1982. With 2 locations to serve you (National City and Vista), we offer a more personalized experience and customized services to meet your business needs. Sales, service, rentals, maintenance, collision, fabrication, parts, and 24/7 emergency roadside assistance are all available at C&M Motors.

Give us a call to learn more.

 

C&M Motors Inc

www.cmmotorsinc.com

(800) 736-3443

Keeping Businesses on the Move

Keeping Businesses on the Move

As we are all aware, 2020 was a tumultuous year…one that most of us would rather not repeat. Many businesses have been hit hard by the effects of the pandemic and some are struggling just to stay afloat.

At C&M Motors, we are looking at ways to help our local businesses with their transportation needs but in a creative and less costly ways. For many, it is imperative to have transport trucks to move goods to market, but the cost of a new truck may not be possible right now.

With that concern in mind, we have increased our inventory of quality, newer used trucks and are outfitting them for customers so they can continue to provide their services without the burden of a new truck loan or lease. All our trucks are inspected by trained technicians, made road-worthy and are backed by our maintenance team. Many are eligible for an extended warranty through the manufacturer, Hino.

Used Trucks Customized to Your Needs

Our used inventory is largely comprised of medium duty trucks which we can configure with racks, lifts, and other customizations to meet your transportation needs. If you need something special, whether it is a particular size truck body or special shelving inside your box truck for organization, we can make that happen.

We are hopeful with the vaccination process beginning, we will see the end of the pandemic soon. We are working hard to bring you creative solutions to bridge the gap until we resume normal business activities.

We wish you a safe and prosperous 2021 and encourage you to contact us for any of your trucking needs.

Why C&M Motors

C&M Motors is a locally owned and operated family business serving the greater San Diego area since 1982. With 2 locations to serve you (National City and Vista), we offer a more personalized experience and customized services to meet your business needs. Sales, service, rentals, maintenance, collision, fabrication, parts, and 24/7 emergency roadside assistance are all available at C&M Motors.

Give us a call to learn more.

 

C&M Motors Inc

www.cmmotorsinc.com

(800) 736-3443

The Benefits of Electric Trucks

The Benefits of Electric Trucks

Commercial truck fleets are beginning to embrace the benefits of electric trucks. While initial costs may be slightly higher, these vehicles generate significant savings in a very short period of time.

Reduced Fuel Costs

The most obvious benefit is the reduction in fuel costs. The cost to run an electric plug-in vehicle or even a hybrid is substantially lower than fueling a diesel engine. Larger businesses that choose to invest in solar can compound their savings by generating some of their electric power by placing panels on their roof.

In addition to going green and helping to reduce the carbon footprint, companies are embracing solar and transitioning to renewable forms of energy.

Reduced Maintenance Costs

The electric drivetrain is functionally simpler than the conventional drivetrain. The electric motor is the major moving part and does not require fluid replacements and other parts that tend to break down in a combustion engine. Even features like regenerative braking, reduce wear and tear on basic vehicle components bringing the maintenance costs down 50% or more for electric or hybrid trucks.

CARB compliance

The electric or hybrid truck also supports the California Hybrid and Zero-Emission truck Voucher Incentive Project (HVIP). The Fiscal 2020-21 Funding Plan for Clean Transportation Incentives was approved on December 10, 2020. The plan allocates $25 million from the Air Quality Improvement Program (AQIP) to HVIP. Details for the Fiscal Year 2020-21 are still being finalized but the funding is approved. The best approach is to work with an HVIP approved dealer, like C&M Motors, to be sure your planned purchases meet the criteria for the voucher program.

Why C&M Motors

C&M Motors is a locally owned and operated family business serving the greater San Diego area since 1982. With 2 locations to serve you (National City and Vista), we offer a more personalized experience and customized services to meet your business needs. Sales, service, rentals, maintenance, collision, fabrication, parts, and 24/7 emergency roadside assistance are all available at C&M Motors.

Let us help you get started or increase your electric footprint. Give us a call to learn more.

 

C&M Motors Inc

www.cmmotorsinc.com

(800) 736-3443

2020 Hino and Tax Incentives

2020 Hino and Tax Incentives

There still is time to receive some amazing tax incentives for 2020. C&M Motors has several 2020 Hino models ready for delivery so you can take advantage of the tax benefits.

When you purchase a truck for business purposes and begin using it, you can apply the benefit of the “Section 179 deduction”. Section 179 of the IRS code was enacted to help small businesses take a depreciation for capital expenditures in one year, rather than depreciating over the useful life of item purchased.

For example, if you purchase a commercial truck to enhance your fleet or to replace trucks that are nearing their end of service life, you can deduct the full cost of the truck in one year. The truck must be purchased and put into service during the year in which you claim the deduction.

There are some annual limits on the amounts that can be deducted per Section 179. For 2020, the cap for total write-off is $1,040,000 and the limit for the total amount purchased is $2.5 million. The deduction decreases after $2.5 million is spent and is not available for total purchases over $3.5 million, thus making this tax incentive truly focused on small and medium businesses.

All businesses that purchase, finance, and lease new and used business equipment during the 2020 tax year potentially quality for Section 179 Deductions. Commercial truck leasing and purchase are among the eligible goods. For most small businesses, the entire cost of a truck purchase could be written-off on the 2020 tax return.

If you have any questions about Section 179 Deductions, our knowledgeable staff at C&M Motors, NationaLease of San Diego is here to help. We have some excellent resources on our website to help you get started. Visit https://www.section179.org/section_179_deduction to get all the details.

New Truck Inventory

Used Trucks and Truck Bodies

Full Service Truck Leasing

Of course, we recommend you also consult with your accountant as he/she will know best about your particular business expenses and other planned deductions for your business in Tax Year 2020. Thank you for considering C&M Motors, NationaLease of San Diego. Our family-owned business has been serving the greater San Diego area for 37 years. We look forward to helping you with all your commercial truck needs.

 

C&M Motors – NationaLease of San Diego

www.cmmotorsinc.com

(800) 736-3443

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