Are you waiting until January to buy a new Prius?

Are you going to buy a Toyota Prius, but you want to wait until January 1st so that you can get a higher tax credit?

According to a USA Today article, many hybrid buyers are doing the same.

Because the new tax credits for hybrid cars begin next year, many hybrid buyers are waiting because the tax credit is larger next year than this year. For example, the credit for a Prius now stands around $2000.00; however, next year that credit for the Prius could rise to $3150.00

This buying pattern has not been noticed in other hybrid vehicles, such as the Honda Civic hybrid, or even Toyota's Highlander hybrid.

Unforunately, the tax credit for hybrids like this vehicle are capped, so the new credit won't be around all of 2006 for the Prius.