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HCH Tax Credit

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  #11  
Old 10-29-2007, 12:13 PM
jokah's Avatar
Enthusiast
Join Date: Jul 2006
Location: Missouri City, TX
Posts: 30
Default Re: HCH Tax Credit
Originally Posted by wwwest
So that means if I bought a used 2006 HCH in September of 2007, there is NO tax credit ? Correct?
The IRS credit applies only to the purchase of a new car so you would not be eligible regardless of the purchase date.

IRS: Hybrid Cars and Alternative Fuel Vehicles
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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  #12  
Old 10-29-2007, 10:36 PM
gumby's Avatar
Energy Independence
Join Date: Feb 2006
Location: Richardson, TX
Posts: 1,282
Default Re: HCH Tax Credit
Agreed. USED = NO REBATE. PERIOD.
 
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