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Nicholas Anthony

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Since: Jan 08, 2006
Posts: 52



(Msg. 1) Posted: Wed Aug 30, 2006 4:34 am
Post subject: Hybrid vehicles
Archived from groups: rec>autos>makers>ford>mustang (more info?)

Does anyone know what the tax break is on owning a Hybrid vehicle? Also is
it just for the first year you own it or the lifetime of the vehicle? TIA.

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ZombyWoof1

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Since: Mar 01, 2004
Posts: 108



(Msg. 2) Posted: Wed Aug 30, 2006 7:37 am
Post subject: Re: Hybrid vehicles [Login to view extended thread Info.]
Imported from groups: per prev. post (more info?)

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Nicholas Anthony

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Since: Jan 08, 2006
Posts: 52



(Msg. 3) Posted: Thu Aug 31, 2006 2:31 pm
Post subject: Re: Hybrid vehicles [Login to view extended thread Info.]
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"ZombyWoof" wrote in message

> On Wed, 30 Aug 2006 04:34:55 -0400, "Nicholas Anthony"
> wrote something wonderfully witty:
>
>>Does anyone know what the tax break is on owning a Hybrid vehicle? Also is
>>it just for the first year you own it or the lifetime of the vehicle? TIA.
>>
> The tax credit is a mix of how much fuel the car saves over 120,000
> miles (Conservation credit) and it's fuel economy as expressed by a
> percentage of the 2002 model year fuel economy for its weight class
> (Fuel Economy credit). The better a hybrid car does in these two
> computations, the larger the tax credit.
>
> 2006-2007 Ford Escape Hybrid Front WD $2,600
> 2006-2007 Ford Escape Hybrid 4 WD $1,950
> 2005 Honda Accord Hybrid $650.00
> 2006 Honda Accord Hybrid $1,300.00*
> 2005 Honda Civic Hybrid (SULEV) MT $1,700.00
> 2005 Honda Civic Hybrid (SULEV) CVT $1,700.00
> 2006 Honda Civic Hybrid CVT $2,100.00
> 2005-2006 Honda Insight CVT $1,450.00
> 2007 Lexus GS 450h $1,550
> 2006 Lexus RX400h 2WD $2200
> 2006 Lexus RX400h 4WD $2200
> 2006-2007 Mercury Mariner Hybrid 4 WD $1,950
> 2007 Saturn VUE Green Line SUV $650
> 2007 Toyota Camry Hybrid $2,600
> 2006 Toyota Highlander 4WD Hybrid $2600
> 2006 Toyota Highlander 2WD Hybrid $2600
> 2005-2006 Toyota Prius $3150
>
> *2006 Honda Accord Hybrid without updated control calibration
> qualifies for a credit amount of $650.
> "A democracy is always temporary in nature; it simply cannot exist as a
> permanent form of government. A democracy will continue to exist up until
> the time that voters discover they can vote themselves generous gifts from
> the public treasury. From that moment on, the majority always votes for
> the candidates who promise the most benefits from the public treasury,
> with the result that every democracy will finally collapse due to loose
> fiscal policy, which is always followed by a dictatorship." -- Alexander
> Tyler


Thanks for the response I gather that is a one time Federal savings. I
wonder if states offer anything further? Smile
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ZombyWoof1

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Since: Mar 01, 2004
Posts: 108



(Msg. 4) Posted: Thu Aug 31, 2006 11:48 pm
Post subject: Re: Hybrid vehicles [Login to view extended thread Info.]
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