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$1000 tax rebate in on Hybrids for IL residents!

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Old Aug 7, 2007 | 05:03 PM
  #11  
EZ2beGreen's Avatar
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Default Re: $1000 tax rebate in on Hybrids for IL residents!

And (from that thread) this is the state's site, which includes a list of particpating lenders:


http://www.treasurer.il.gov/cultivat...enrewards.aspx
 
Old May 2, 2008 | 07:32 AM
  #12  
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Default Re: $1000 tax rebate in on Hybrids for IL residents!

I just purchased a new HCH a few days ago. The funding for this program has apparently run out, so it will end on May 6th (next Tuesday!). If anyone's in the market for a hybrid and wants to take advantage of this, I'd suggest jumping on it before it's too late! I had no idea it was ending and am glad i made my purchase right in the nick of time.
 
Old May 2, 2008 | 09:45 AM
  #13  
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Default Re: $1000 tax rebate in on Hybrids for IL residents!

According to the state website, it ends May 15th. Quick, people, buy hybrids in Illinois RIGHT NOW!

http://www.treasurer.il.gov/programs...n-rewards.aspx

Due to reaching the $2 million cap, the Green Rewards program will be suspended as of May 15, 2008. The program is under review and may be extended at a future time. Thank you for your interest and participation in this successful program.
 
Old May 3, 2008 | 03:59 PM
  #14  
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Default Re: $1000 tax rebate in on Hybrids for IL residents!

Hybrids will sell fine without the government using taxpayers dollars to incentivize the purchase. I think this is a bad idea.
 
Old May 3, 2008 | 05:33 PM
  #15  
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Default Re: $1000 tax rebate in on Hybrids for IL residents!

I hate BIG gov't as much as you Mikesan, but consider how many worse things our taxpayer dollars ARE supporting. This is a small fish in the giant ocean of gov't "waste."

Hybrids sell fine ... NOW.
Try selling them 10 years ago, or 5, or even 3.
Without the incentive, many more people would've passed, and the technology might not be as far along as it is today - due to the lack of sales. Auto manufacturers don't continue making vehicles that do not sell (look at the Insight & the Accord Hybrid). If people had not been buying the Prius in sufficient numbers, Toyota probably would've killed its development too. The Ford Escape, Saturn VUE, Altima Hybrid, Highlander & Camry Hybrid, Civic Hybrid II might never have even made it to market without such incentives.
Sure, they might be reintroducing some hybrids about now, but they certainly wouldn't be as advanced (nor as many models) as there are today.
There ARE times when nudging from the gov't (or wherever) is necessary to get the ball rolling in the right direction. That's essentially what these incentives are - plus more cleaner cars help with pollution issues to boot - many big cities have been looking at ways to encourage citizens to be greener. And incentives help nudge us along. If we wait for the masses to begin making better choices, sometimes it is WAY too late. It's already pretty late to be as fledgling as these cars still are. And that's WITH incentives.
 
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