Updated: October 14, 2008
The tax credit for the Honda
Civic Hybrid started out at $2,100, but has now
been reduced to $525. This last phase of the tax credit
will expire on the last day of December 2008.
Unfortunately, only the first
60,000 Toyota hybrid owners to file for the credit were
able to claim this credit. Congress capped the credits at
60,000 vehicles per manufacturer.
After the full credits
were reached, the full credit will still be
available, but for only one more quarter. After this
quarter, the credit will drop 50% for two more quarters,
then 25% for two more quarters, and then it fully
expires.
- -> Honda Civic
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