Wednesday, November 14, 2007

Escape Hyrbid Tax Credits



Earlier this year, the IRS confirmed that the following tax credits were still available for 2005, 2006 and 2007 model-year Ford hybrids:

Ford Escape Hybrid 2WD - $2,600

Ford Escape Hybrid 4WD - $1,950

In addition the IRS also certified the following tax credits for 2008 vehicles that pu Escape Hybrids at the top of the list for federal government Hybrid tax credits.

2008 Ford Escape Hybrid 2WD - $3,000

2008 Ford Escape Hybrid 4WD - $2,200

Customers can anticipate being eligible for these full tax credits for vehicles purchased from a Ford dealership like Gresham Ford in the 2007 calendar year, so hurry.

Note: The IRS announced that federal tax credits have expired on the new Toyota and Lexus hybrid models. Only Toyota and Lexus hybrids purchased before October 1st are eligible for a tax credit. The federal tax credit for new hybrid vehicles phases our after a marmaker has sold 60,000 hybrid vehicles. Toyota and its Lexus luxury division jut that limie last summer. After that, the tax credits were halved.

Here is a great link to monitor the status on all the hybrid vehicles.

http://www.fueleconomy.gov/feg/tax_hybrid.shtml

And check out http://www.greshamford.com/en_us/DefaultNew.asp for local available Escape Hybrids and the lowest price available.