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Hybrid vehicles



 
 
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  #1  
Old August 30th 06, 09:34 AM posted to rec.autos.makers.ford.mustang
Nicholas Anthony
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Posts: 94
Default Hybrid vehicles

Does anyone know what the tax break is on owning a Hybrid vehicle? Also is
it just for the first year you own it or the lifetime of the vehicle? TIA.


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  #2  
Old August 31st 06, 07:31 PM posted to rec.autos.makers.ford.mustang
Nicholas Anthony
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Posts: 94
Default Hybrid vehicles


"ZombyWoof" > wrote in message
...
> On Wed, 30 Aug 2006 04:34:55 -0400, "Nicholas Anthony"
> > wrote something wonderfully witty:
>
>>Does anyone know what the tax break is on owning a Hybrid vehicle? Also is
>>it just for the first year you own it or the lifetime of the vehicle? TIA.
>>

> The tax credit is a mix of how much fuel the car saves over 120,000
> miles (Conservation credit) and it's fuel economy as expressed by a
> percentage of the 2002 model year fuel economy for its weight class
> (Fuel Economy credit). The better a hybrid car does in these two
> computations, the larger the tax credit.
>
> 2006-2007 Ford Escape Hybrid Front WD $2,600
> 2006-2007 Ford Escape Hybrid 4 WD $1,950
> 2005 Honda Accord Hybrid $650.00
> 2006 Honda Accord Hybrid $1,300.00*
> 2005 Honda Civic Hybrid (SULEV) MT $1,700.00
> 2005 Honda Civic Hybrid (SULEV) CVT $1,700.00
> 2006 Honda Civic Hybrid CVT $2,100.00
> 2005-2006 Honda Insight CVT $1,450.00
> 2007 Lexus GS 450h $1,550
> 2006 Lexus RX400h 2WD $2200
> 2006 Lexus RX400h 4WD $2200
> 2006-2007 Mercury Mariner Hybrid 4 WD $1,950
> 2007 Saturn VUE Green Line SUV $650
> 2007 Toyota Camry Hybrid $2,600
> 2006 Toyota Highlander 4WD Hybrid $2600
> 2006 Toyota Highlander 2WD Hybrid $2600
> 2005-2006 Toyota Prius $3150
>
> *2006 Honda Accord Hybrid without updated control calibration
> qualifies for a credit amount of $650.
> "A democracy is always temporary in nature; it simply cannot exist as a
> permanent form of government. A democracy will continue to exist up until
> the time that voters discover they can vote themselves generous gifts from
> the public treasury. From that moment on, the majority always votes for
> the candidates who promise the most benefits from the public treasury,
> with the result that every democracy will finally collapse due to loose
> fiscal policy, which is always followed by a dictatorship." -- Alexander
> Tyler



Thanks for the response I gather that is a one time Federal savings. I
wonder if states offer anything further?



 




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