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Old 07-16-2006, 11:35 PM
ElanC ElanC is offline
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Real Name: Elan
Location: El Cerrito, CA
Hybrids: 2006 HCH Alabaster Silver w/Navi
Posts: 699
Default Re: Tax Credits (Lease -vs- Buy)

Quote:
Originally Posted by kcrossley
If you lease a hybrid instead of purchasing one, who gets the tax credit?
The IRS web site at - http://www.irs.gov/newsroom/article/...157632,00.html
says "The credit is only available to the original purchaser of a new, qualifying vehicle. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit."

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2006 HCH Alabaster Silver w/Navi
2003 Honda Accord LX
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