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Old 01-08-2006, 09:11 AM
Lab Rat Lab Rat is offline
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Real Name: Rich
Hybrids: none yet
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Default Re: 2006 Hybrid Tax Credits... Stinks of Politics!!

Got this from here... http://go.ucsusa.org/hybridcenter/incentives.cfm

Federal Tax Credits for Advanced Vehicles: On August 8, President Bush signed the comprehensive energy bill into law. Included were new tax credits for advanced vehicle technologies ranging from $250 to $3,400 depending on the vehicle's level of fuel economy improvement. For a limited time, quality hybrids like the Honda Civic Hybrid, Toyota Prius or Ford Escape Hybrid will qualify for tax credits in the range of $1,700-$3,150. The tax credits will be available beginning on January 1, 2006 and will be available through December 31, 2010, though they will expire earlier for the most popular hybrids. The full tax credits will be available until a manufacturer reaches 60,000 vehicles sold (60,000 for Toyota, 60,000 for Ford, etc.). Once a manufacturer has sold 60,000 vehicles, a one-year "phase out" will begin after the next complete calendar quarter; 50% of the credit will be available for that manufacturer's hybrids in the first two quarters of the phaseout period and 25% in the final two quarters. UCS estimates the following credits for each hybrid vehicle currently sold:

HEV Model Emissions Rating Tax Credit

2005-2006 Toyota Prius Bin 3 $3,150

2005 Honda Insight (automatic) Bin 5 $1,450

2005 Honda Insight (manual) Bin 9 $0

2005 Honda Civic Hybrid (automatic) Bin 2 $1,700

2005 Honda Civic Hybrid (manual 5-speed) Bin 2 $1,700

2005 Honda Civic Hybrid (lean burn, automatic) Bin 9 $0

2005 Honda Civic Hybrid (lean burn, manual 5-speed) Bin 9 $0

2006 Honda Civic Hybrid Bin 2 $2,100

2005 Honda Accord Hybrid Bin 5 $650

2005 Ford Escape Hybrid (front wheel drive) Bin 4 $2,600

2005 Ford Escape Hybrid (four wheel drive) Bin 4 $1,950

2006 Mercury Mariner Hybrid (four wheel drive) Bin 5 $1,950

2006 Toyota Highlander Hybrid (front wheel drive) Bin 3 $1,950

2006 Toyota Highlander Hybrid (four wheel drive) Bin 3 $2,200

2006 Lexus RX-400h (four wheel drive) Bin 3 $2,200


Sorry, I tried like hell, but couldn't get the table to format correctly in the post.

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Rich-
Interested...
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