Does an 08 purchased in NY qualify?

Eco-chic · 03-30-2008, 07:49 AM

I'm a new owner & i heard I missed out, is that true?

Jack66 · 03-30-2008, 08:00 AM

Unfortunately, yes, if you are talking about a Toyota. The faster a carmaker sells hybrids the faster the rebate goes away. The Prius is a very popular hybrid.

I didn't get the rebate either, but the consolation prize is we got a great car!

NYPrius1 · 03-30-2008, 08:39 AM

Did they take away the tax credits from EXXON Mobile for pumping too much gas??
I'll Bet Not!!

Prius 07 · 03-30-2008, 09:56 AM

Quote:

Originally Posted by Eco-chic

I'm a new owner & i heard I missed out, is that true?

Don't miss out on refueling in time

(like when you're at two pips). Welcome to PC and congrats on your new car.

Boo · 03-30-2008, 04:40 PM

One is eligible for a hybrid tax credit for Toyota hybrids only if one took delivery by 9/30/07. Anyone taking delivery on a Toyota hybrid on or after 10/1/07 is not eligible for any hybrid credit. Here's the IRS webpage on the subject:

Summary of the Credit for Qualified Hybrid Vehicles

Don't feel too bad though:

-- Because of the Alternative Minimum Tax, many people otherwise eligible for the tax credit did not get it either.

-- Average sale prices for the Prius seemed to go down roughly at the rate that the tax credit was reduced.

Bottom line - the price you paid for the Prius is probably in the ballpark with the price others paid after deducting their tax credit.

03-30-2008, 07:49 AM	#1
Eco-chic Junior Member Join Date: Mar 2008 Location: Long Island Posts: 17 My Car: 2008 Prius Model: Package: #5 Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Does an 08 purchased in NY qualify? I'm a new owner & i heard I missed out, is that true?

03-30-2008, 08:00 AM	#2
Jack66 Kinda Jovial Member Join Date: Jan 2008 Location: Stafford, Virginia Posts: 768 My Car: 2008 Prius Model: Package: #2 Thanks: 0 Thanked 1 Time in 1 Post Friends: 2	Re: Does an 08 purchased in NY qualify? Unfortunately, yes, if you are talking about a Toyota. The faster a carmaker sells hybrids the faster the rebate goes away. The Prius is a very popular hybrid. I didn't get the rebate either, but the consolation prize is we got a great car!

03-30-2008, 08:39 AM	#3
NYPrius1 Senior Member Join Date: Jul 2007 Location: Middletown, NY Posts: 693 My Car: 2007 Prius Model: Package: #6 Thanks: 32 Thanked 7 Times in 7 Posts Friends: 1	Re: Does an 08 purchased in NY qualify? Did they take away the tax credits from EXXON Mobile for pumping too much gas?? I'll Bet Not!!

03-30-2008, 04:40 PM	#5
Boo Boola Boola Member Join Date: Feb 2007 Location: New York, NY Posts: 4,290 My Car: 2007 Prius Model: Package: #2 Thanks: 166 Thanked 301 Times in 154 Posts Friends: 22	Re: Does an 08 purchased in NY qualify? One is eligible for a hybrid tax credit for Toyota hybrids only if one took delivery by 9/30/07. Anyone taking delivery on a Toyota hybrid on or after 10/1/07 is not eligible for any hybrid credit. Here's the IRS webpage on the subject: Summary of the Credit for Qualified Hybrid Vehicles Don't feel too bad though: -- Because of the Alternative Minimum Tax, many people otherwise eligible for the tax credit did not get it either. -- Average sale prices for the Prius seemed to go down roughly at the rate that the tax credit was reduced. Bottom line - the price you paid for the Prius is probably in the ballpark with the price others paid after deducting their tax credit. __________________ Best regards, Tom 07 Magnetic Gray #2 - GY TripleTreds 195/60R15, BT Tech Stiffening Plate & Strut Tower Brace, Philips X-Treme Power Headlights, Webasto 4300 Sunroof, Sharkfin Antenna, Chrome Wheelskins Wheel Covers & Door Handles, BumperDefender.com Bumper Guard Strips, Body Side Moldings & Rear Bumper Protector, NoBump.com License Plate Screw Bumpers, Bumper Bully, Sheepskin Seat Cover, Leather Steering Wheel Cover, Leather Center Console Cover, Center-Hump Litter Basket, Non-Slip Pads, Dalmatian Bobble Heads.