Toyota, Honda, Ford
Hybrid Tax Credits
Dr. Bill Belew
Issue I - June 11, 2006
Introduction by Mr. Stolyarov:
Dr. Bill Belew writes that the U. S. government is giving out tax
credits to owners of hybrid cars-- partly as an incentive to purchase
these cars despite their greater expense in almost all other areas. The
question here is whether the money saved via the tax credit will be
greater than the money lost by purchasing the hybrid car and paying more
for fuel and/or for the car itself; it is a question of specific
calculations which cannot be answered a priori. Suffice it to say
that the tax credits provide a greater incentive to purchase hybrid cars
than the absence of said credits.
Toyota hybrids have hit the ceiling
— the tax break ceiling.
The limit of 60,000 cars was surpassed already,
but, because of some funky law, buyers have until September 30th
to buy a Prius and still qualify for the $3,150 government tax credit.
After that they can only get half a credit.
Qualifying for the credit is easy
— finding a Prius is the hard
I got an email from a fellow in Canada who says
they have a bunch of them just sitting around. Would anybody like to
fund bringing them here to the Bay area of San Francisco? The price of a
used Prius goes up here. There is money to be made there somewhere.
The following hybrids are eligible for tax
Find out which hybrids
are eligible for tax credits by clicking
here to continue reading and comment on
Dr. Bill Belew is a former Intelligence
Officer for a Destroyer Squadron. He lived 20 years in Japan, where he
started a language school for Japanese
Dr. Belew teaches classes for a vocational school and online for a
See Dr. Belew's blog,
for news and discussions about business and current events in Russia and
for Dr. Belew's reports on business in China and
on business in Japan.
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