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This is a discussion on Tax incentives for 2008? within the Gen II Prius Main Forum forums, part of the Gen II (2004-2009) Toyota Prius Forums category; Will there be any new tax incentives for 2008? The current Toyota tax incentives are pretty much wiped out....


Tax incentives for 2008?

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Old 10-27-2007, 09:08 PM   #1
clintd555
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Will there be any new tax incentives for 2008? The current Toyota tax incentives are pretty much wiped out.
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Old 10-27-2007, 11:46 PM   #2
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<div class='quotetop'>QUOTE(clintd555 @ Oct 27 2007, 09:08 PM) [snapback]531368[/snapback]</div>
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Will there be any new tax incentives for 2008? The current Toyota tax incentives are pretty much wiped out.
[/b]
I don't believe so. The tax incentives are designed to encourage people to purchase, and as sales go up the credit goes down. Unless Congress passes a new law, the Prius is now too popular to get any incentives.
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Old 10-28-2007, 01:18 AM   #3
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You can still check to see if your state, locality, or employer offer any bonuses. My company gave me $3,000 for buying a hybrid.
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Old 10-28-2007, 06:27 AM   #4
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<div class='quotetop'>QUOTE(clintd555 @ Oct 27 2007, 09:08 PM) [snapback]531368[/snapback]</div>
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Will there be any new tax incentives for 2008? The current Toyota tax incentives are pretty much wiped out. [/b]


According to the irs.gov website, there are no more tax incentives for prius.

http://www.irs.gov/newsroom/article/...157632,00.html



Some counties offer credits on pers property tax. My county basically charges nothing for prius. That was a nice surprise.





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Old 10-28-2007, 07:45 AM   #5
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Never was a tax incentive here.
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Old 10-28-2007, 09:05 AM   #6
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There's no tax incentives in my state either.... unfortunately.
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Old 10-28-2007, 07:15 PM   #7
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I am currently shopping for my first Prius, and the salesman told us that the $2000 taken off the bottom line on the sticker was Toyota's way of making up for that. Sales BS or something? (the perennial question)
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Old 10-29-2007, 12:31 PM   #8
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<div class='quotetop'>QUOTE(David T M @ Oct 28 2007, 04:15 PM) [snapback]531706[/snapback]</div>
Quote:
I am currently shopping for my first Prius, and the salesman told us that the $2000 taken off the bottom line on the sticker was Toyota's way of making up for that. Sales BS or something? (the perennial question)
[/b]

When I bought my 2006, no dealer would even think about giving discounts. With tax credit gone, the dealer mark downs are a way to encourage buyers and you can think of it as Toyota's way for making up for no more tax credits.
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