- Apr 6, 2006
PSA: Still time for the U.S. hybrid tax credit
Looking for an easy tax credit? Look no further than the U.S. tax credits for hybrid vehicles. While the program's days are numbered, our friends over at Treehugger tell us that the program isn't extinct yet.
60,000 vehicles is the magic number of hybrid each manufacturer can sell and still have buyers net a tax credit of up to $3,400. Only Toyota is close to that unit total, with the expectation that they'll hit it later this fall. Honda may not hit it this year after having sold just over 40K, and with only 3,475 Ford Escapes having found their way off the lot, there's no immediate fear that Ford will hit that 60K in the near future.