One big criticism of buying a hybrid car is the price tag, it’s roughly $2500 more than a simlar gas powered car.Sure you save over $1,125+ a year ($3/gallon/40mpg/15,000 miles annually) and that justifies the cost in about 2 years but that just doesn’t cut it publicly in our Ford Expedition media friendly society.Well things are pretty sweet in the rebate and tax incentive side of things for these cars in case the gas savings isn’t enough for you.The federal government offers up to a $3,400 tax credit for hybrids purchased after 2005 and a $2,000 tax deduction for hybrids [...]
Gas Guzzler Tax on Non Fuel Efficient Cars
by adminFor some time in the US, cars that can’t achieve a certain level of fuel efficiency have what’s called a gas guzzler tax. It’s a somewhat reasonable tax if you want people to think green. However, a small tax is a small price to pay when you’re dropping $100,000 for a brand new Mercedes-Benz CL63 or a $250,000 Ferrari.For those countries who have yet to mobilize via cars like the USA (China for example), the government is able to impose slightly more draconian taxes without backlash from the general population. Most recently, China has proposed implementing a new tax structure [...]
Get Federal Tax Breaks – Own An Ethanol Or Hybrid Vehicle
by adminWhen you filed your federal tax return this year, you might have noticed an option if you own an alternative fuel car. The government is giving tax credits to those who use alternative fuel vehicles, which started in 2006. The United States is looking at a way to promote greener cars to help the environment. The country is trying to push consumers to get more fuel efficient vehicles with its ethanol fuel tax breaks.A tax credit works better than a tax deduction. A credit takes away money dollar-for-dollar on your taxes and a deduction is just a percentage. Getting an [...]
The Most Fuel-Efficient Vehicles
by adminWhen shopping for a car, there is a very important feature that most buyers are looking for. They go for cars that are fuel efficient. Actually, there are lots of vehicles that are fuel economy winners, so you have lots of choices to pick from.In seeking for a fuel economy winner vehicle, you can use the internet in finding the best car to buy. If you are looking for two-seater car, you can get Honda Insight. Miami Cooper will be one of your choices when looking for mini-compact car. Volkswagen New Beetle is what you can buy if you wish [...]
Alternative Fuel Cars on California Roads Increases
by adminIn the auto industry, the month of April is being celebrated as the National Alternative Fuel Autos Month, and in observing that, automakers reported the number of alternative fuel vehicles in the state of California.It is widely known that the mentioned state is one of the major frontrunners in the battle against global warming in the United States. The numbers of alternative fuel vehicles on California’s roads were reported to have increased in the year 2006 as compared to the number of alternative fuel vehicles back in 2005.R.L Polk and Co. undertook the study to find out the number of [...]
