price differential

Defined in 1 place of the United States Code.

the term “price differential” means—

(A) in the case of a purchased electric motor vehicle, the difference between the manufacturer's suggested retail price of such electric motor vehicle and the manufacturer's suggested retail price of a comparable conventionally fueled motor vehicle; and

(B) in the case of a leased electric motor vehicle, the difference between the monthly lease payment of such electric motor vehicle over the life of the lease and the monthly lease payment of a comparable conventionally fueled motor vehicle over the life of the lease; and

Source

1994–present 42 U.S.C. § 13271The Public Health and Welfare · Definitions · for the purposes of this subchapter