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Feb 23, 2010

Alternative Motor Vehicle * USA - Credit Attractive Incentive for Car Buyers

Tax breaks offer bigger savings when compared to previous years

New York,NY,USA -The New York Times -February 13, 2010: -- Favoring clean energy and reducing carbon footprint good; getting cash for products like hybrids even better. Help is at hand wtih new and expanded tax credits included in federal stimulus package. Pres Obama said incentives meant to spur demand for products, expand green industry, and create jobs... Alternative Motor Vehicle Credit sometimes called hybrid tax credit; can be lucrative for recent car buyers... Hybrid, fuel cell, alternative fuel, or advanced lean-burn tech vehicles may qualify for tax credit up to $7,500... Credit applies to vehicles bought new, on or before Dec 31, 2010. Used vehicles don't qualify, and some phase-outs apply... Beginning 2010, tax credit up to $7,500 for some electric plug-in vehicles with rechargeable, plug-in batter... (Image from t0.gstatic.com: Iveco electric daily lcv prototype)

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