Internal Revenue Service grants Honda GX credit

Honda's two compressed natural gas vehicle, the 2005 and 2006 Civic GX, have met the Qualified Alternative Fuel Motor Vehicles (QAFMV) qualifications per the Internal Revenue Service (IRS). This acknowledges buyers are eligible to receive credit upon purchasing either alternate fuel vehicle.
The IRS has given a $4,000 credit to each which takes a big chunk off the GX's $24,000 price tag. Now we're waiting if the government will give fuel stations similar credit to build more natural gas pumps.

[Source: Infozine]


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