Hybrid tax break update
Yesterday, I wrote about HR 626, a bill proposed by Rep. Dave Camp, a Michigan Republican, that would offer tax credits of between $600 and $4,000 per hybrid vehicle, depending on the model and the energy-saving technology used.
Thus far both President Bush and Democrats have announced support for this incentive and Bush has provided for them in his 2006 budget proposal.
I would assume that vehicles such as the Toyota Prius, the Highlander hybrid, the Lexus RX400h hybrid, and the Ford Escape hybrid would qualify for the upper end of the credit because of their full hybrid status. Other hybrids, such as the Honda Accord hybrid, as well as the Civic hybrid, might qualify for less because Honda's hybrid technology isn't quite as fuel-efficient.
On the other hand, hybrids such as the Sierra hybrid would probably qualify for the lower end of the tax credit because it is only a mild hybrid.
Join the Soultek Hybrid Car Club.
Thus far both President Bush and Democrats have announced support for this incentive and Bush has provided for them in his 2006 budget proposal.
I would assume that vehicles such as the Toyota Prius, the Highlander hybrid, the Lexus RX400h hybrid, and the Ford Escape hybrid would qualify for the upper end of the credit because of their full hybrid status. Other hybrids, such as the Honda Accord hybrid, as well as the Civic hybrid, might qualify for less because Honda's hybrid technology isn't quite as fuel-efficient.
On the other hand, hybrids such as the Sierra hybrid would probably qualify for the lower end of the tax credit because it is only a mild hybrid.
Join the Soultek Hybrid Car Club.
Labels: Accord hybrid, chevy silverado hybrid, Civic hybrid, Escape hybrid, Ford, Ford Escape hybrid, GM, Highlander hybrid, Honda, Hybrid Vehicles, Lexus hybrid, prius, toyota
posted by Dahcredyns at
10:35 AM
1 Comments:
More people should learn about electric vehicles as a solution. "Zero emissions" is something that's going to be required by law one day (you know it will). Making the decision to go electric is far cheaper anyway, like 10 cents on the dollar vs. gas. (source: zapworld.com)
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