• By Matt Hardigree
    Nov 13, 2007 6:00 PM 609
    read more: #industrynews, #600h, #gm, #hybrids, #nissan, #ford, #lexus, #ls, #prius, #taxes, #toyota

    Toyota Tax Credit Goes Bye Bye

    Remember all that money you were going to save on taxes thanks to that LS 600h L you bought last week? You don't? Good, because it doesn't exist. The federal tax credit for new hybrids is limited to a certain number of vehicles and Toyota has hit that mark. If you're the owner of a Toyota or Lexus purchased before October 1st you're still eligible (after that you're SOL). Of course, you still qualify for up to $3,000 in credits if you buy a hybrid from Ford, GM, Honda or Nissan. [Houston Chronicle via HybridCars]


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