FEDERAL TAX BREAKS FOR HYBRIDS
This article is from our archives and has not been updated and integrated with our "new" site yet... Even so, it's still awesome - so keep reading!
Published on Fri, Mar 5, 2010
By: The LACar Editorial Staff
Thinking about going hybrid or electric? You'll want to know the current status of federal tax breaks. You have until March 31st to get a Ford or Mercury hybrid and still get a tax break before their credit expires, as it already has gone bye-bye for Honda and Toyota. Credits are still available for GM, which includes Cadillac, Chevrolet and GMC, BMW, Mercedes-Benz and Nissan. Additionally, tax credits are available for electric vehicles, including plug-in hybrids. The credit is even good for plug-in electric drive conversion kits so if you already have a hybrid and want to get even more MPG, maybe a conversion is the way to go. There has been a lot of hubbub about the mileage of the Toyota Prius and Ford Fusion, and rightly so. But if you want a hybrid that still gets the high mileage numbers but isn't the same as everyone else, you might want to check out the Mercury Milan Hybrid. It still gets 41 MPG highway and 36 MPG city, but in a more unassuming package. Ailis Aaron Wolf Hybrid Owners of America