Buy 2009 FEH now or wait for 2010?
Active Enthusiast
Joined: Jun 2008
Posts: 127
From: New Jersey. Land of high auto insurance and pollution.
Re: Buy 2009 FEH now or wait for 2010?
Buy now and take the full tax credit and use it to pay down your auto loan. IMHO I feel that the 09 FEH will have great resale value to use as a trade in if you want to upgrade in two or three years.
Enthusiast
Joined: Sep 2008
Posts: 11
From: Tallahassee, FL
Re: Buy 2009 FEH now or wait for 2010?
Edit: Nevermind, I see your seperate thread about this subject.
Last edited by InsGadget; Nov 7, 2008 at 11:28 AM.
Joined: May 2005
Posts: 2,468
From: Jupiter, FL
Re: Buy 2009 FEH now or wait for 2010?
From what I've heard the AWD is one of the best out there. And yes, the AWD presently has a $2,220 for the FEH and $2,200 for the MMH. That will be cut in half January 1st 2009.
I'm a disabled Bat Chief that drives as a carrier part time and have a lot of time to post and read. Hypermiling is a hobbie of mine that saves me money at the same time.
GaryG
I'm a disabled Bat Chief that drives as a carrier part time and have a lot of time to post and read. Hypermiling is a hobbie of mine that saves me money at the same time.
GaryG
Make
Model
Credit Amount
Ford
Escape Hybrid 2WD
$3,000
Ford
Escape Hybrid 4WD
$1,950
Mercury
Mariner Hybrid 2WD
$3,000
Mercury
Mariner Hybrid 4WD
$1,950
It appears the '09 4WD tax credit has been reduced.
GaryG
http://www.irs.gov/newsroom/article/...185050,00.html
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Pretty Darn Active Enthusiast
Joined: Nov 2008
Posts: 488
From: ND
Re: Buy 2009 FEH now or wait for 2010?
That apparently was updated in July, 2008, about a 10% drop.
You can see all models/years here: http://fueleconomy.gov/feg/tax_hybrid.shtml
I guess I'm not going to sweat $250.
You can see all models/years here: http://fueleconomy.gov/feg/tax_hybrid.shtml
I guess I'm not going to sweat $250.
Active Enthusiast
Joined: Nov 2007
Posts: 124
From: Fremont, CA
Re: Buy 2009 FEH now or wait for 2010?
Don't count on getting the full tax credit. If you end up being affected by an AMT calculation that credit can be wiped out pretty quick.
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