IRS Gives Biggest Tax Credit To New Ford Hybrids

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IRS Gives Biggest Tax Credit To New Ford Hybrids

Ford-Escape-Hybrid-money.jpgNow that the tax incentives to on the Toyota Prius have run out, the new king of the road for deductions are the hybrid offerings from Ford — the Hybrid Ford Escape and Hybrid Mercury Mariner two wheel drive. The taxman will be giving buyers of the twin hybrids up to $3,000 in deductions in an effort to offset the additional cost associated with purchase. Of course, if and when Ford ever manages to build 60,000 hybrids, those incentives will evaporate just as they have for the Prius. [IRS.gov]

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