Jace Angel's blog: DO TO MATHE: Not all half-breeds are friends of the taxpayers

January 17, 2008

By SUSAN TOMPOR

FREE PRESS FEUILLETONIST

Green could turn into the new gold, if it comes to the promotion of the mass-friendly cars and trucks. They can soil that magic marketing goes die minute you through to doors this the weekend of the North American international Auto 2008 Show.

But if you arrive little provoked — and possibly more remember, the something over generous taxfree years for hybrid cars and trucks hearing is — to payment close attention on, which you’re purchase. Customers of the most popular Toyota half-breeds no keep a tax credit note more longer. And honda hybrids won’t die come they used to have any with the strong tax treaties.

This tax credit note is always durable had to be understood. Z.Z. meets die credit note altogether on qualified acquires the half-breed and the lean technology carriers too, die from 2006 to 2010 to be sold.

And right now, anyway, there is no credit note for putting in half-breeds — even if some patch cords it in such a way form to the Dealerships 2010 or.

Yet, die alternative Motor carrier credit note, while it is officially designated, changes based in manufacturers and model. Kw_dollar amount of credit notes can change based on fuel the economy and weight the model, as well as, for many carriers of the manufacturers already sold.

Die first 60,000 half-breeds or die seat-back technology carrier sold per manufacturer — and this clock ticking begun 2006 — qualify for die full credit note.

Die cap war part the compromise legislator, die to win support for die credit note by Detroit automakers was formed, die does not want an unlimited use to Toyota and to Honda gave.

And, no surprise, Toyota Motor Corp. and Honda Motor CO everyone you hit, which die 60,000 sales limit.

ford motor CO could do hit that cap this year, but General engine Corp. is not nowhere close at that. And more Chrysler doesn’t even a carrier, which for die tax credit note in 2007 qualified or 2008. of the Chrysler LLC announced this week, which to sell hybrid a Dodge RAM plans it in 2010 the exemplary year.

They can more whether cap marks sense at all debate, if die idea is, consumers too pony high to energize extra the money, which takes it to buy the environmentalmoderately friendly technology. But this is like die deal locations — and it is something, that, you to know must if you’re buying for green.

The public revenue service maintains official list of, which receive cars and die trucks you, which kinds of credit notes — and who out on credit notes loses and if.

Die government receives a quarterly review the number to hybrid carriers, die manufacturers at dealers sold.

As soon as this delimitation 60,000 is hit, customers receive gradually many to smaller credit note — die credit note is the first half cut inside and cut later into a quarter of the full amount the tax credit note. And you throw die road, die credit note disappear Toyota, Honda maxed out down

This year, you’re out of luck, if it comes to the tax credit notes, if you plan too buy one Toyota Camry half-breed 2008, one Toyota Highlander half-breed 2008 or Toyota 2008 Prius.

Anyone, a half-breed of Toyota or Lexus after Sept. , is not suitable 2007 bought 30, not for any tax credit note.

“We maxxed out,” said Martha Voss, a spokeswoman for Toyota Motor sales the USA in Washington, DC.

“We became, likes you however to see, which die government to a take guidance role supporting consumer continue, that is interest in the half-breeds and in the other alternative fuel carriers,” she said.

Kw_Toyota the Prius began out with $3,150 a tax credit note, if it of one January. 1, 2006, by Sept. 30, 2006 one buys. But this credit note had fallen to $787,50 for final acquires die April 1, 2007, by Sept. 30, 2007.

If the you’re regards, some honda civic CVT, you that die honda hybrid tax credit note for die carriers, die are also bought in 2008, more smaller than last year it is white.

cumulative sales Hondas qualified carriers hit die delimitation 60,000 during the third trimester, the Sept. 30 terminated.

Thus die credit notes are divided for Honda out this year.

“there is a partial Honda credit note, but straight at a partial credit note,” said Mark Luscombe, to least principal analysts for CCH, a Wolters Kluwer business in Riverwoods, ill.

Starting from January. 1, was die tax credit note for Honda more cut half honda civic half-breed CVT, either a 2007, or model 2008, would have $1,050 a tax credit note, if they are bought by June 30.

Kw_honda a 2007 accord half-breed ON and honda a 2007 accord hybrid Navi AT everyone have a credit note of $650 by June 30.

For die acquire, die July 1 by December. 31 to be locked, is die credit note $525 for the ‘ 07 or ‘ 08 civil half-breed CVT and $325 for die agreement 2007 of half-breeds.

on January. 1, 2009, taxpayer Beginning, who buy honda hybrid die tax credit note of Other automakers cannot state

GR., Ford and Nissan all box sell hybridere cars and trucks and still more offer die full credit note.

Nissan approximately 8,700 hybrid units by the end of 2007 sold and according to Darryll Harrison, a wortfuehrer for nissan motor CO in Nashville, Tenn. Kw_nissan altima the half-breed is offered now in eight states and including California. The Altima half-breed is not sold in Michigan.

At the end of 2007, Ford somewhat more was sold, die, said Ford spokeswoman Kristen Kinley had than 47,000 Escape and sailor half-breeds combined.

Kinley said Ford could exceed that cap 60,000-sales late this year, if sales samples are similar those 2006 or 2007.

A drive ford escape of hybrid two wheel 2008 has $3,000 a tax credit note, and four wheel the drive Escape half-breed has a credit note $2.200. Die credit notes is smaller for die models 2007 of the Escapes, a die credit note $2,600 for the drive two wheel to have, and a credit note $1,950 for that, die Escape half-breed and mercury sailor the hybrid four wheel drive are.

To Mazda into Ford steering, has Mazda a tribute interest 2008 2WD $3,000 a tax credit note. Four wheel the drive model 2008 has $2,200 a tax credit note.

GR., through contrast, box sell many more half-breeds with the full credit note.

Bob Trinz, RIA of older tax analysts of the Thomson tax and the bookkeeping, noted that GR. 9.577 combined sales for qualifying carriers IR starting from Sept. , 2007 had reported 30.

Greg Martin, director von Politik and of communications in office GR. in Washington, DC, said the automaker endorses incentives for consumer expensive for putting in half-breeds, also.

Right now, die taxfree years not to die putting in technology would apply. But Luscombe said that something energy legislation would extend forwards Congress die credit notes to include patch cords.

GR. has said, which could begin it production a hybrid putting in version of the Saturns Vue in 2010.

“We’re, which is strong for 2010,” Martin said driving.

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