2005 Prius qualifying for 2006 tax credit?

[OrinH]

I was wondering whether anyone knew for sure whether this would or would not work:

1) Put a deposit down now on a 2005 Prius that still exists at my local dealer
2) Wait to take ownership / pay until Jan 2, 2006
3) Qualify for the 2006 tax credit, which is much more valuable than the 2005 tax deduction, but without having to wait until Feb / March to get a 2006 model given how late I am ordering.

Anyone know if this would work? I'm planning on purchasing one of these today or tomorrow, depending on the responses.

Thanks in advance,
Orin

[Kiloran]

Originally posted by OrinH@Dec 21 2005, 12:06 PM
I was wondering whether anyone knew for sure whether this would or would not work:

1) Put a deposit down now on a 2005 Prius that still exists at my local dealer
2) Wait to take ownership / pay until Jan 2, 2006
3) Qualify for the 2006 tax credit, which is much more valuable than the 2005 tax deduction, but without having to wait until Feb / March to get a 2006 model given how late I am ordering.

Anyone know if this would work?  I'm planning on purchasing one of these today or tomorrow, depending on the responses.

Thanks in advance,
Orin

[snapback]176826[/snapback]

Yes. This will work.
Model year is not relevent.
The 2005 Prius is a qualified hybrid vehicle for purposes of the tax credit.
Good luck.