Honda's hybrid tax credit to be halved again on July 1
As of today, the Honda Civic hybrid gets a credit of $1,050. From July 1 to December 31, that credit will be $525. Don't complain too much, though, as the credit will officially run out on January 1, 2009. Ford, General Motors and Nissan have yet to hit the magic sixty-thousand number, so the full credit still applies for those manufacturers. Toyota hybrids are no longer eligible for any credit at all, as it has sold way too many Priuses to qualify any longer.
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