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Old 05-02-2006, 11:38 AM
jmp123 jmp123 is offline
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Location: Pittsburgh
Posts: 15
Default Tax Credit for MY05 purchased in 06

Does the tax credit apply to new 2005MY vehicles purchased in 2006? Im asking because one of the local Ford dealerships has an untitled 2005 FEH with 10 miles on the odometer. Needless to say they are ready to deal. But I need to know if I should factor in the $1950 tax credit to my negotiations.

Any help would be greatly appreciated.

thanks

Jason
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Old 05-02-2006, 07:07 PM
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highroute highroute is offline
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Location: Oakland CA USA
Hybrids: 2006 Toyota Prius
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Default Re: Tax Credit for MY05 purchased in 06

The federal income tax credit applies to qualifying hybrids first placed in service on or after 1/1/2006. The question is whether the 2005 FEH qualifies. The 2006 FEH does, but I don't see the 2005 FEH on any of the qualifying lists.

http://www.irs.gov/newsroom/article/...156044,00.html

http://www.fueleconomy.gov/feg/tax_hybrid_new.shtml

.

highroute -
2006 Barcelona Red Metallic

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