2006 Prius tax rebate

Roger3125 · 01-08-2006, 11:25 PM

Hi all. just joined your group this evening. Actually minutes from the time we parked our 2006 Prius. So much more to learn about it. I know I will be able to figure out how to get it out of Drive but for now its nice to read about and watch the wife drive around the block.

Kidding but I am looking foreward to learning all the goodies about it....like how do I go about taking advantage of the tax rebate on it. Saleman talked it up but could not tell us how to apply for it or exactly what it would be.

Also anyone know of a Prius Club near Tustin/SantaAna area in Orange County?

Thanks all and may God bless us and our Priuses...or is it Priusii?

roger3125

Kiloran · 01-09-2006, 12:08 AM

Not a tax rebate but a tax credit on your 2006 taxes which you won't be filing till 2007.

The IRS will publish guidelines prior to that similar to those they did for the 2004/2005 tax deduction: Clean Fuel Tax Deduction For Hybrid Vehicles.

You can realize the credit at ~$800 per quarter by reducing your withholding during 2006 (2006 Tax Credit Strategy, How to get your $ faster).
Make sure you will not be subject to the Alternate Minimum Tax (AMT) before pursuing this strategy.

You can find coverage of the tax credit in our Toyota_Prius_FAQ.

JMcPhee · 01-09-2006, 12:17 AM

Hi Roger! I just picked up mine from Rancho Santa Margarita on Friday night... My wife was too afraid to drive it around the block

Have you sent in your HOV sticker app yet? Mine's sitting in the mailbox out front... when does the mailman get here!?!?! I'll be looking into the tax credit as well, so thanks for asking the question!

frankie_delaware · 01-09-2006, 12:17 AM

Quote:

Originally posted by Roger3125@Jan 8 2006, 08:25 PM
Also anyone know of a Prius Club near Tustin/SantaAna area in Orange County?

[snapback]186257[/snapback]

Orange County Prius Club, see http://www.ocprius.com/

fd

Roger3125 · 01-09-2006, 01:32 PM

Quote:

Originally posted by frankie_delaware@Jan 9 2006, 12:17 AM
Orange County Prius Club, see http://www.ocprius.com/

fd

[snapback]186302[/snapback]

Thanks all for getting back so FAST...its appreciaed. Well I called IRC, Rebate Dept and they said as of now the only cars that are eligible for the rebate is 1) Ford Excape 2) Toyota Highlander 3) RX400...no Prius listed. What gives!!?

Also dealing with registration now so will let you know how that works out. right now my biggest probelm is letting go of my baby, a 95 Corolla that I bonded with and can't stant the idea of not having it. Its cherry and all the dealer offerred me was $3,000. Got 4 more days to decide is they get to keep my $3,000 or take my Corolla.

If you know anyone whose willing to pay a realistic price for my baby please have them email me. Its truly cherry, 98K well cared for miles and drives and looks like it did the day I drove it off the lot. God but I hate to part with it.

Kiloran · 01-09-2006, 02:16 PM

The IRS and/or EPA just haven't gotten around to certifying the Prius, et. al.
No worries.
The 2006 model is essentially the same as the 2005 so it would be inconceivable that it would not be certified as eligible for the tax credit .

Roger3125 · 01-09-2006, 03:55 PM

Quote:

Originally posted by Kiloran@Jan 9 2006, 02:16 PM
The IRS and/or EPA just haven't gotten around to certifying the Prius, et. al.
No worries.
The 2006 model is essentially the same as the 2005 so it would be inconceivable that it would not be certified as eligible for the tax credit .

[snapback]186556[/snapback]

AGAIN thanks. One less item to complain to my very nice salesman about. I paid $2200 for the Platimun 100,000 mi warranty. As with any extended I have 25 days to cancel with no penalty costs. ($25 fee if after 25 days). all comments and feedbacked are welcomed .

I compared the exclusion list of the two Platinum Extended warrantys...the one I got for $2200 and the one offerred (or referred to ) online for $990 and there was a substantial difference.

Anyone is Orange County who would like to compare costs with me. I got package 3. Just so we feel better...well one of us will.

Take care
Roger

Florida Prius · 01-09-2006, 07:44 PM

I'm lead to believe that there is only one Platinum Extended Warranty. What are the differences? What's up with that?

Roger3125 · 01-09-2006, 08:13 PM

Quote:

Originally posted by Florida Prius@Jan 9 2006, 07:44 PM
I'm lead to believe that there is only one Platinum Extended Warranty. What are the differences? What's up with that?

[snapback]186628[/snapback]

I brought this difference of prices for the platinim Warranty to the attention of the guy I dealt with at my Toyota dealer. He is looking into it to see if both Platinum Warranties are Toyota warranties. If they are not sponsored by Toyota that alone makes a big difference.

He says the MRSP price of $1650 for the Platinum is lower than what the dealership pays for it. Anyway he says he will get back to me and I, in turn will get back to you.

See, already having a Prius is getting interesting.

Aaron144 · 01-10-2006, 06:59 PM

Hi Roger3125 and everyone else!!!
Another new Prius owner here having just picked mine up on Sunday. I too am interested in the warranty and the tax credit, soooooo, I'll just follow along this thread and see how everything works out for you, Roger3125.

So much to learn, so much to figure out, SO MUCH TO DRIVE!!!

What a COOL car!!!!

01-08-2006, 11:25 PM	#1
Roger3125 Senior Member Join Date: Jan 2006 Location: Orange County, So Calif Posts: 199 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Hi all. just joined your group this evening. Actually minutes from the time we parked our 2006 Prius. So much more to learn about it. I know I will be able to figure out how to get it out of Drive but for now its nice to read about and watch the wife drive around the block. Kidding but I am looking foreward to learning all the goodies about it....like how do I go about taking advantage of the tax rebate on it. Saleman talked it up but could not tell us how to apply for it or exactly what it would be. Also anyone know of a Prius Club near Tustin/SantaAna area in Orange County? Thanks all and may God bless us and our Priuses...or is it Priusii? roger3125 __________________ Super White, Pkg 3, born Jan 3, 2006, ++ClearBra++BT tech brace++Rear bumper guard

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01-09-2006, 12:08 AM	#2
Kiloran Join Date: Aug 2005 Posts: 1,225 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Not a tax rebate but a tax credit on your 2006 taxes which you won't be filing till 2007. The IRS will publish guidelines prior to that similar to those they did for the 2004/2005 tax deduction: Clean Fuel Tax Deduction For Hybrid Vehicles. You can realize the credit at ~$800 per quarter by reducing your withholding during 2006 (2006 Tax Credit Strategy, How to get your $ faster). Make sure you will not be subject to the Alternate Minimum Tax (AMT) before pursuing this strategy. You can find coverage of the tax credit in our Toyota_Prius_FAQ.

01-09-2006, 12:17 AM	#3
JMcPhee Join Date: Aug 2005 Location: Ladera Ranch, Orange County, CA Posts: 202 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Hi Roger! I just picked up mine from Rancho Santa Margarita on Friday night... My wife was too afraid to drive it around the block Have you sent in your HOV sticker app yet? Mine's sitting in the mailbox out front... when does the mailman get here!?!?! I'll be looking into the tax credit as well, so thanks for asking the question!

01-09-2006, 02:16 PM	#6
Kiloran Join Date: Aug 2005 Posts: 1,225 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	The IRS and/or EPA just haven't gotten around to certifying the Prius, et. al. No worries. The 2006 model is essentially the same as the 2005 so it would be inconceivable that it would not be certified as eligible for the tax credit .

01-09-2006, 07:44 PM	#8
Florida Prius Senior Member Join Date: Dec 2005 Location: Lake City, FL Posts: 192 My Car: 2006 Prius Model: Package: #7 Thanks: 2 Thanked 0 Times in 0 Posts Friends: 0	I'm lead to believe that there is only one Platinum Extended Warranty. What are the differences? What's up with that?

01-10-2006, 06:59 PM	#10
Aaron144 Junior Member Join Date: Jan 2006 Posts: 10 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 1	Hi Roger3125 and everyone else!!! Another new Prius owner here having just picked mine up on Sunday. I too am interested in the warranty and the tax credit, soooooo, I'll just follow along this thread and see how everything works out for you, Roger3125. So much to learn, so much to figure out, SO MUCH TO DRIVE!!! What a COOL car!!!!