With 2010 only a week old many consumers are considering their purchase options with regards to their next car. If that car happens to be a hybrid, one question that is often asked is “What is offered in terms of available tax credits?”. We have had “cash for clunkers” however, there are other considerations by way of tax breaks, that the consumer has available to him or her for 2010 hybrid car purchases.
So what, in dollar terms is available as a tax credit for us would be hybrid car purchasers?
2010 hybrid car tax credit information is displayed below:
Model Year
Make
Model
Credit Amount
NOTE:
2010
BMW
ActiveHybrid X6
$1,550
2010
Cadillac
Escalade Hybrid (2WD & $WD)
$2,200
2010
Chevrolet
Malibu Hybrid
$1,550
Silverado Hybrid C15 2WD
$2,200
Silverado Hybrid K15 4WD
$2,200
Tahoe Hybrid C1500 2WD
$2,200
Tahoe Hybrid K1500 4WD
$2,200
2010
Ford
Escape Hybrid 4x2
$3,000
If purchased before 04-01-09: Full Credit Amount
$1,500
If purchased on 04-01-09 and on or before 09-30-09 Credit is 50% ($1500)
$750
If purchased on 10-01-09 and on or before 03-31-10 Credit is 25% ($750)
Escape Hybrid 4x4
$2,600
If purchased before 04-01-09: Full Credit Amount
$1,300
If purchased on 04-01-09 and on or before 09-30-09 Credit is 50% ($1,300)
$650
If purchased on 10-01-09 and on or before 03-31-10 Credit is 25% ($650)
Fusion Hybrid
$3,400
If purchased before 04-01-09: Full Credit Amount
$1,700
If purchased on 04-01-09 and on or before 09-30-09 Credit is 50% ($1700)
$850
If purchased on 10-01-09 and on or before 03-31-10 Credit is 25% ($850)
2010
GMC
Sierra Hybrid C15 2WD
$2,200
Sierra Hybrid K15 4WD
$2,200
Yukon Hybrid C1500 2WD
$2,200
Yukon Hybrid K1500 4WD
$2,200
Yukon Denali Hybrid C1500 2WD
$2,200
Yukon Denali Hybrid K 1500 4WD
$2,200
2010
Mercury
Mariner Hybrid 4x2
$3,000
If purchased before 04-01-09: Full Credit Amount
$1,500
If purchased on 04-01-09 and on or before 09-30-09 Credit is 50% ($1500)
$750
If purchased on 10-01-09 and on or before 03-31-10 Credit is 25% ($750)
Mariner Hybrid 4x4
$2,600
If purchased before 04-01-09: Full Credit Amount
$1,300
If purchased on 04-01-09 and on or before 09-30-09 Credit is 50% ($1,300)
$650
If purchased on 10-01-09 and on or before 03-31-10 Credit is 25% ($650)
Milan Hybrid
$3,400
If purchased before 04-01-09: Full Credit Amount
$1,700
If purchased on 04-01-09 and on or before 09-30-09 Credit is 50% ($1700)
$850
If purchased on 10-01-09 and on or before 03-31-10 Credit is 25% ($850)