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Old 09-25-2007, 06:44 AM
kdhspyder kdhspyder is offline
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Real Name: Bob Fogarty
Location: Two miles N of the technology 'center-of-the-world' in 1903, on the Outer Banks of NC
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Posts: 204
Default Re: Tax credits and manufacturers' caps

Quote:
Originally Posted by hermansylvester View Post
Seems to me the main ones to benefit from the tax credit are the manufacturers. For example, the street price of a new Prius seems to be adjusting down as the tax credit phases out.

You are absolutely right and that's the purpose of the tax credit. It allows the manufacturers to sell their vehicles at a good return to compensate for the developmental costs for a period of time. For the consumers though we benefit by getting a tax break thus lowering our acquisition cost to say a 'normal' level.

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