2007 Tax Credit

Prianista · 09-30-2006, 12:00 AM

WASHINGTON — The Internal Revenue Service acknowledged the certification by Toyota Motor Sales U.S.A., Inc.,....

stanleyjohn · 09-30-2006, 08:14 AM

Great info! Thanks for the post.

scottymc · 10-01-2006, 09:54 AM

<div class='quotetop'>QUOTE(Prianista @ Sep 30 2006, 12:00 AM) [snapback]325914[/snapback]</div>

Quote:

WASHINGTON — The Internal Revenue Service acknowledged the certification by Toyota Motor Sales U.S.A., Inc.,....
[/b]

Yes!

took the gamble and picked up my 2007 Pruis Friday night the 29th of Sept. Thanks to all on these forums for the helpful information.

New Revelation · 10-01-2006, 10:31 AM

Good deal...I knew eventually the 07's would be included in the credit bracket. After looking at the chart on that link, after this day next year (Oct 07) there will no longer be any credit given. I wonder how that will affect sales then?

DavidTO · 10-01-2006, 10:37 AM

<div class='quotetop'>QUOTE(Hopeful Future Prius Owner @ Oct 1 2006, 07:31 AM) [snapback]326443[/snapback]</div>

Quote:

Good deal...I knew eventually the 07's would be included in the credit bracket. After looking at the chart on that link, after this day next year (Oct 07) there will no longer be any credit given. I wonder how that will affect sales then?
[/b]

Don't forget that there's plenty of us who pay the Alternative Minimum Tax for whom the tax credit is of little use. It got me interested in the Prius, but once I found that out, it could no longer be a deciding factor. The car itself is what sold me.

john1701a · 10-01-2006, 11:27 AM

<div class='quotetop'>QUOTE(DavidTO @ Oct 1 2006, 09:37 AM) [snapback]326445[/snapback]</div>

Quote:

Don't forget that there's plenty of us who pay the Alternative Minimum Tax for whom the tax credit is of little use. It got me interested in the Prius, but once I found that out, it could no longer be a deciding factor. [/b]

Sadly, there are probably quite a few people that didn't know about AMT. So they'll be in for a surprise next spring. It's a government trick that was ignored when the credit was being formulated. Some complained, but it fell on deaf ears. Of course, the threshold quantity/timing was an issue too.

scottymc · 10-02-2006, 01:44 PM

<div class='quotetop'>QUOTE(Hopeful Future Prius Owner @ Oct 1 2006, 10:31 AM) [snapback]326443[/snapback]</div>

Quote:

Good deal...I knew eventually the 07's would be included in the credit bracket. After looking at the chart on that link, after this day next year (Oct 07) there will no longer be any credit given. I wonder how that will affect sales then?
[/b]

Probably the gas prices a year from now will determine the sales as much as anything else, but with no tax credit after Oct. 07 it will certainly help the leasing of the Prius and the sales of lightly used versions.

mywhitenoise · 10-04-2006, 02:01 AM

Excellent news! Now I have a chance to get an '07 with the full credit, AND an HOV sticker!

scottymc · 10-04-2006, 12:22 PM

<div class='quotetop'>QUOTE(mywhitenoise @ Oct 4 2006, 02:01 AM) [snapback]327733[/snapback]</div>

Quote:

Excellent news! Now I have a chance to get an '07 with the full credit, AND an HOV sticker!
[/b]

Actually, the full tax credit ended Oct 1st, 2006 But you can still can half.

mywhitenoise · 10-04-2006, 05:45 PM

<div class='quotetop'>QUOTE(scottymc @ Oct 4 2006, 11:22 AM) [snapback]327866[/snapback]</div>

Quote:

Actually, the full tax credit ended Oct 1st, 2006 But you can still can half.
[/b]

Awh! Bummer.

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09-30-2006, 12:00 AM	#1
Prianista Senior Member Join Date: Jan 2006 Location: Seattle Posts: 173 My Car: 2007 Prius Package: #6 Touring Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	WASHINGTON — The Internal Revenue Service acknowledged the certification by Toyota Motor Sales U.S.A., Inc.,....

09-30-2006, 08:14 AM	#2
stanleyjohn Senior Member Join Date: May 2006 Location: Higganum,Ct Posts: 262 My Car: 2006 Prius Package: #7 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Great info! Thanks for the post.

10-01-2006, 10:31 AM	#4
New Revelation The Master Captain Join Date: Aug 2006 Location: Liberty, TX Posts: 180 My Car: 2007 Prius Package: #3 Touring Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Good deal...I knew eventually the 07's would be included in the credit bracket. After looking at the chart on that link, after this day next year (Oct 07) there will no longer be any credit given. I wonder how that will affect sales then?

10-04-2006, 02:01 AM	#8
mywhitenoise Join Date: May 2006 Posts: 205 My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Excellent news! Now I have a chance to get an '07 with the full credit, AND an HOV sticker!