Just wondering if the tax credit is for new vehicles only, or if it applies to used Certified Pre Owned?

Thanks!!

Regards,
Matt
(Deciding among Lexus 400h, Toyota HiHy, Toyota Hamry)

I wouldn't be surprised if a dealer implied that the tax credit might apply to a CPO, but the fact is it is only for new and untitled vehicles....

The language of the federal tax credit is such that the repayment is intended to go to the person who introduced the hybrid into the vehicle pool (putting it 'in service'). Subsequent owners are not eligible. I have not read the statutory language for all the states that give some kind of tax break for hybrids, so I cannot state with authority that this is true for every hybrid tax break nationwide, but Illinois law, at least, does not give a tax credit to buyers of used hybrids.

P.S. To EZ2BeGreen- ever noticed the Chicago Roll Call thread? http://www.greenhybrid.com/discuss/c...call.5275.html

We're having a lunch this weekend in Schaumburg if you're interested in meeting some local GHers.
http://www.greenhybrid.com/discuss/c...l?page=1&pp=10

This makes sense. Thanks all!

Regards,
Matt
(Deciding among Lexus 400h, Toyota HiHy, Toyota Hamry)