Tax incentives for 2008?

clintd555 · 10-27-2007, 09:08 PM

Will there be any new tax incentives for 2008? The current Toyota tax incentives are pretty much wiped out.

pkscout · 10-27-2007, 11:46 PM

<div class='quotetop'>QUOTE(clintd555 @ Oct 27 2007, 09:08 PM) [snapback]531368[/snapback]</div>

Quote:

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.

alanh · 10-28-2007, 01:18 AM

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.

fwellers · 10-28-2007, 06:27 AM

<div class='quotetop'>QUOTE(clintd555 @ Oct 27 2007, 09:08 PM) [snapback]531368[/snapback]</div>

Quote:

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.

patsparks · 10-28-2007, 07:45 AM

Never was a tax incentive here.

clintd555 · 10-28-2007, 09:05 AM

There's no tax incentives in my state either.... unfortunately.

davidtm · 10-28-2007, 07:15 PM

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)

uclabruins · 10-29-2007, 12:31 PM

<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)
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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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10-27-2007, 09:08 PM	#1
clintd555 Senior Member Join Date: Jan 2006 Posts: 251 My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 1	Will there be any new tax incentives for 2008? The current Toyota tax incentives are pretty much wiped out.

10-28-2007, 01:18 AM	#3
alanh Senior Member Join Date: May 2007 Location: Phoenix, AZ Posts: 628 My Car: 2007 Prius Package: #5 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	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.

10-28-2007, 07:45 AM	#5
patsparks Uneducated bird-brain Aussie Join Date: Jul 2007 Location: Adelaide South Australia Posts: 4,905 My Car: 2004 Prius Package: Base Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 17	Never was a tax incentive here.

10-28-2007, 09:05 AM	#6
clintd555 Senior Member Join Date: Jan 2006 Posts: 251 My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 1	There's no tax incentives in my state either.... unfortunately.

10-28-2007, 07:15 PM	#7
davidtm Senior Member Join Date: Oct 2007 Location: TJ'ville Posts: 114 My Car: 2008 Prius Package: #6 Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	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)