Federal tax credits for hybrids ends on 12/31/10
#1
10-19-2010, 06:28 PM
Federal tax credits for hybrids ends on 12/31/10
If you or you know someone who is on the fence about the NAH and would like the $2350 Federal tax credit...
While reading Second Drive: 2011 Hyundai Sonata Hybrid — Autoblog, this stuck out at me. I didn't realize there was also this phaseout date.
Not this matters for potential buyers of hybrids from Toyota, Honda or Ford, but it does matter for other automakers like GM and Nissan which hadn't hit their last phaseout period.
I've confirmed it via Federal Tax Credits for Hybrids "Vehicles purchased after December 31, 2010 are not eligible for this credit."
While reading Second Drive: 2011 Hyundai Sonata Hybrid — Autoblog, this stuck out at me. I didn't realize there was also this phaseout date.
unfortunately, the federal tax incentive program for hybrid vehicles is scheduled to dry up at the end of 2010
I've confirmed it via Federal Tax Credits for Hybrids "Vehicles purchased after December 31, 2010 are not eligible for this credit."
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