Re: New EPA tests and hybrid tax credit
After some thought, I realized that they would probably adjust the 2002 numbers to reflect the new test. If they didn't it would be apples & oranges. The new test incorporates the old, so maybe they would use the old numbers for purposes of the credit calculation.
Assuming they make no adjustments and use the new EPA numbers, after some rough (really rough) calculations you may see a reduction in the credit at about 30mpg to around $1700. At 26mpg you'd probably get a credit of $650.
Again, these are very rough estimates based on unknown variables.
Enjoy the vehicle for what it is. There are better reasons to buy a hybrid vehicle than getting a tax credit.
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