Hybrids Save You Money (on your taxes I mean!)

We all knew driving a hybrid is better for the environment and saves you money on gas, but did you know it can also save you money on your taxes? Totally true! The government offers what they call an “Alternative Motor Vehicle Credit” for you environment conscious who purchased your vehicle on or after January 1, 2006. If you are in the market for a hybrid, there is an incentive to buy earlier rather than later. The amount of the credit involves the year of your vehicle as well as what number sold your vehicle was. (As in the 4,000th hybrid sold this year sorta thing.) The...

read more