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PHOTO CAPTION: Porsche Cayenne S Hybrid is entitled to $1,800 tax credit.

Even Luxury Hybrid Car Buyers Entitled To a Tax Credit

Several luxury brands qualify for credits worth thousands of dollars, but only if drivers buy before the end of the year.

Published: 27-Dec-2010

In the federal government's quest to wean drivers off oil, should those handing out incentives discriminate against some car buyers? Do people who can afford a Porsche need taxpayer help to go green?

For the moment, price tag and paycheck don't matter when it comes to providing tax credits to buyers of hybrid cars. Several luxury brands qualify for credits worth thousands of dollars, but only if drivers buy before the end of the year.

For example, there's the 2011 Porsche Cayenne S Hybrid. This is Porsche's first hybrid, for around $67,000, and it's been hard to find in some places.

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