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Old 09-26-2007, 02:09 PM
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
Hybrids: 05 Prius Seaside AM
Posts: 204
Default Re: Tax credits and manufacturers' caps

Quote:
Originally Posted by worthywads View Post
The dealer gets the money not the manufacturer or buyer.

The purpose of the tax credit was never to get the manufacturer compensation, and if was sold as such it wouldn't have passed.

It was sold as a benefit to buyers and the planet, but the dealers in many cases just raised the price, in effect getting the credit.
Sorry this is not accurate at all. The dealer actually gets nothing as a result of the tax credit...unless it's selling the vehicle above MSRP. In that case yes the dealer is getting the money. For the entire 4 yrs that this Gen Prius has been out here in SE VA none have been sold above sticker. I do know that in some other areas this has not been the case.

At least in the last yr or two since the credit has been in place most regions have been selling at sticker price or some discount off sticker. In these cases it's the buyer and the manufacturer that benefit from the tax credit. The dealer gets nothing from it.

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Lifetime fuel usage: 2.1 GPC at 90,000 miles & counting
PokerPrius - 2005 Seaside AM
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