Is it true that you can get a tax refund for having a hybrid car?

Question:
I recently purchased a honda civic hybrid and my friend was telling me that at the end of the year I could get a tax relief for up to 3000.00. Is this ture?

Answers:

Questions about buying a car?

Individuals who purchase any of the new gas-electric hybrid cars available in the U.S. between 2006 and 2007 are eligible for up to $3,400 in federal tax credits. The credits apply only to the first 60,000 hybrid cars sold by each automaker, however, limiting the savings to those who act early.

Taking over car loan. Going 2 pay it off so do i need to pay past bills the seller has with a mechanic?

However, for Hondas it's in the $600-2,000 range.

Which is better: 2007 Nissan Altima or 2007 Subaru Legacy?

Info:
http://www.irs.gov/irs/article/0,,id=167...

---

More Questions & Answers ...

When the 4x4 green tax will be valid ?

Do resumes and job applications look better on White paper or Manila paper?

Can a deal be reversed on a newly purchased vehicle?

Can you buy a car with out your full license?

A question of being practical or indulgent. my dream car is a black saab convertable?

Can I hand over my car payments into my mother's name even if she has bad credit?

How do you find a nice car at a low price?

Should I get the S2000?

Spacious Car?

Used Cars...?

This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.