All 2010 tax returns should have been in by April 18, 2011 and for those of you who bought one of the few green SUVs that still got a tax credit; you should have some extra money coming to you. Tax credits for green vehicles are now a thing of the past, but many drivers are wondering if they will ever come back. This kind of incentive was helping to get more green autos on the road.
The legislation is now helping those who are interested in purchasing plug-in hybrids and electric cars. Some of these green vehicles will qualify for a federal credit up to $7,500 and possibly a $2,000 credit for the installation of the charging station. Some states are also jumping on these incentives and offering even more tax credits, such as California, that may offer up to $5,000. There are even proposals to allow the tax credit to become an instant rebate for green auto buyers.
This is great news for green car drivers but still doesn’t help those of us who love our hybrid and green SUVs. There are two ways for us to get some incentives back for buying a hybrid SUV. The first is to lobby our local representatives and state senators. An election is coming up so it may be a good time to voice the concerns about tax credits that have gone astray.
The second is to get some kind of incentive directly from the automakers. This may be a better deal since there are only so many write-offs we can have from the government. Getting a price cut immediately when buying a hybrid SUV may help us more in the long run.
A good example going on now (in some areas) is the Ford, Swap Your Ride Sales Event. Ford has a couple of their greener SUVs for a great monthly lease price if you qualify. Getting a direct deal may get you into a green SUV faster, as it doesn’t look good for SUV tax credits anytime soon.
Related articles
- What is a Green Car? (gogogreencars.com)
- What are “Green” Cars? (supergreencar.com)
- 10 Sexy Green Cars Either on or Set to Hit the Market (supergreencar.com)
- Q & A #9 With The Auto Specialist (partsandautos.com)
