Hybrid Cars Tax Credit Confusing

The new rules: If you buy a new hybrid and put it on the road in 2006, you could be covered by a tax credit, not a deduction.

Published: 16-Jan-2006

Drivers who buy a new hybrid car or truck in 2006 might get an even better tax break. But be prepared for one tax-cutting headache.

A new tax credit for hybrids and other fuel-efficient vehicles took effect Jan. 1.

What's the credit? Well, the dollar amount depends on the model of the hybrid car or truck. And it could depend on how popular the hybrid is and when you plan to buy it.


Playing catch-up a decade late, the world's auto giants now find that they have to lease or buy technology from Toyota.

Spc. Jeffrey Hamme and Staff Sgt. Michelangelo Merksamer of HHC, 1/506th Infantry, point out features of the Hybrid Electric Humvee at the AUSA Annual Meeting earlier this month. The two Soldiers participated in a Military Utility Assessment of the prototype vehicle last month at Fort Campbell, Ky.

Ford's 'Hybrid Patrol,' a 10-city initiative this fall that aims to show hybrid drivers how to drive for best fuel economy. EV World photo of Bill and Lisa Hammond on way to first Ford Patrol event in Detroit during stop-over in Omaha.


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