If you plan on buying a hybrid and wish to take advantage of the tax breaks, which could amount to $3000 or even a bit more depending on certain factors. But hurry soon, because once the car manufacturer reaches the magic number (60,000) the tax credit will be phased out.
Toyota is expected to hit that number sometime between June and October. Honda is not expected to hit its limit until the end of this year or beginning of 2007. And experts expect the tax credit on Fords to be available into 2007.

I have attached a .pdf doc that give estimated tax credit for various car models for 2006.

This entry was posted on Wednesday, March 22nd, 2006 at 12:05 pm and is filed under Hybrids. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.