NO MORE TAX CREDITS FOR
TOYOTA HYBRID CARS
--> Should
there be more tax credits for hybrid cars such as the
Toyota Prius (more)
The tax credit for the Lexus
RX400h Hybrid was originally $3150.00. Unfortunately,
only the first 60,000 Toyota hybrid owners to file for
the credit were able to claim this tax credit because
Congress capped the credits at 60,000 vehicles per
manufacturer.
After the full credits
have been 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.
As of September 30,
2006, the full tax credit for Toyota hybrids expired and
the Lexus RX 400h hybrid credit was reduced by 50
percent.
In April of 2007, the
tax credit for the Lexus RX 400h hybrid will be reduced
by another 50 percent.
So, get out there and
take advantage of the current tax credit, buy your Lexus
RX 400h hybrid car today!
--> Time
to give the Big 3's tax credits to Toyota?
- -> Lexus
RX400h hybrid vehicle testimonials
-->
Join
the CAMPAIGN TO INCREASE TAX INCENTIVES FOR HYBRID VEHICLES