TAX CREDIT FOR BUYING A HYBRID CAR

Do you know that there is a tax credit for buying a hybrid car?
Yes, there is an here are the exact numbers the government (IRS) has released so far:


2006-2007 Ford Escape Hybrid Front WD $2,600
2006-2007 Ford Escape Hybrid 4 WD $1,950
2005 Honda Accord Hybrid $650.00
2006 Honda Accord Hybrid $1,300.00*
2005 Honda Civic Hybrid (SULEV) MT $1,700.00
2005 Honda Civic Hybrid (SULEV) CVT $1,700.00
2006 Honda Civic Hybrid CVT $2,100.00
2005-2006 Honda Insight CVT $1,450.00
2007 Lexus GS 450h $1,550
2006 Lexus RX400h 2WD $2200
2006 Lexus RX400h 4WD $2200
2006-2007 Mercury Mariner Hybrid 4 WD $1,950
2007 Saturn VUE Green Line SUV $650
2007 Toyota Camry Hybrid $2,600
2006 Toyota Highlander 4WD Hybrid $2600
2006 Toyota Highlander 2WD Hybrid $2600
2005-2006 Toyota Prius $3150

You won't get to take the tax credit until you file your 2006 taxes in 2007. If you plan to buy a hybrid, especially a Toyota hybrid, you may want to consider buying your hybrid sooner rather than later. The hybrid car tax credit is set to expire in 2009, but there is also a phase out period that could end it before 2009 for some manufacturers that have popular hybrids.