Toyota Tax Credits Nearly at an End
The tax credits available on Toyota and Lexus hybrids will expire completely on September 30, 2007. Currently they are at just 25% of their original value – a testament to their popularity. Or rather, to the Prius’ popularity.
Even though the tax credits are diminished, they are worth taking into account. Currently the Prius offers a $787 tax credit. That means that if you are in the market for a Prius, and take delivery after September 30th, it basically costs you $787 more than it would if you bought it now – certainly reason enough to buy sooner. So if you’re considering a Toyota hybrid, be sure to pick it up before the end of the month. You’ll be happy, and so will your local Toyota dealer.
Filed under: Tax Credit
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