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Jim Hofman's Articles in Hybrids

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New Hybrid Vehicles: Tax Information You Need If you're considering buying a hybrid car or truck, you'll be happy to know that Uncle Sam offers tax incentives for these purchases. An act passed in 2005, the Energy Policy Act, gives a tax credit for those who purchase certain energy efficient vehicles. Since that time, it's been up to auto manufacturers to certify to the Internal Revenue Service that certain passenger autos and light trucks qualify for the credit and the amount of the credit. All the consumer needs to do is check with their dealer. If the vehicle qualifies, the amount will be posted at the dealership, usually right on the vehicle itself.

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