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Anyone know?
I guess we can allow a link to that "other" wannabe Prius site.Picasso Moon said:Here is a link to a thread over at priuschat.com that has all the details. I'm not sure if this is allowed here. If not, feel free to delete the link.
Got good news for ya. The credit is $3,150 for the Prius, not just $1575.Picasso Moon said:While the touring pkg looks interesting it is not enough for me to cancel my current order which will be here in July and lose $1575 in tax credit which is scheduled to reduce Oct. 1.
Quite correct but I was speculating if I were to opt for a 2007 it would in all likelihood be delivered after Sept. 30th. Since Toyota reached the 60,000 hybrid limit in qtr. #2 of this year, the full tax credit will only extend thru the end of qtr #3 (Sept. 30th). After that it will reduce to 1/2 of the original amount ($3,150 -> $1575) unless congress changed the law recently which I believe was talked about at one point.DanMan32 said:Got good news for ya. The credit is $3,150 for the Prius, not just $1575.
Consumers seeking the credit may want to buy early since the full credit is only available for a limited time. Taxpayers may claim the full amount of the allowable credit up to the end of the first calendar quarter after the quarter in which the manufacturer records its sale of the 60,000th vehicle. For the second and third calendar quarters after the quarter in which the 60,000th vehicle is sold, taxpayers may claim 50 percent of the credit. For the fourth and fifth calendar quarters, taxpayers may claim 25 percent of the credit. No credit is allowed after the fifth quarter.