Hybrid Vehicle Tax Credit

A lot of people have asked about the advantages in buying a hybrid car. Almost everyone knows that hybrid cars tend to be more expensive than buying a normal car. So how can you really benefit from acquiring this type of vehicle?

What other advantages can you avail?

Well for one thing, you can save more gas from driving hybrid cars with its better mileage, and can also lower the carbon dioxide deposits which regular vehicles detrimentally emit throughout our atmosphere. So basically, you can essentially reduce your expenses in buying gas, and save the world at the same time. Not too bad for an expensive car. But this is just a part of the deal. There is also a hybrid vehicle tax credit which will also be a great advantage for you.

What is Hybrid Vehicle Tax Credit?

Hybrid vehicle tax credit is removed directly from the sum amount of a federal tax issued upon buying a hybrid car. Unlike tax deduction which subtracts a certain percentage from a specific amount, Hybrid vehicle tax credits are fixed and are available to vehicles acquired or placed in service on or after January 1, 2006. This benefit is only available for the first owner or the original owner of a qualified hybrid vehicle. If the vehicle was chartered by a company, the issuing company can claim the tax credit. Many new Hybrid vehicles are eligible for this incentive.

Here is a list of some qualified hybrid vehicles that are certified by the IRS:

Ford and Mercury Hybrids
2009 Ford Escape 2WD
2009 Ford Escape 4WD
2009 Mercury Mariner 2WD
2009 Mercury Mariner 4WD
Chevy, GMC, and Saturn Hybrids
2008 Chevy Malibu
2008 Chevy Tahoe 2WD and 4WD
2008 GMC Yukon 2WD and 4WD
2008 Saturn Aura
2008 Saturn Vue Green Line
Ford and Mercury Hybrids
2008 Ford Escape 2WD
2008 Ford Escape 4WD
2008 Mercury Mariner 2WD
2008 Mercury Mariner 4WD
Honda Hybrid
2008 Honda Civic CVT purchased between 7/1/08 and 12/31/08
2008 Honda Civic CVT purchased after 12/31/08
Mazda Hybrids
2008 Mazda Tribute 2WD
2008 Mazda Tribute 4WD
Nissan Hybrid
2008 Nissan Altima

There many more brands of hybrid cars to choose from. Tax credit for these types of vehicles can go as low as US$250 to as high as US$3,400.

If you own a hybrid car it is very important for you to check out id your vehicle is qualified for a tax credit. You can do this by checking it in the internet via the IRS.gov website or by personally visiting the Department of the Treasury, Internal Revenue Service for more information.

Owning or buying a hybrid vehicle is a good start in helping our planet rejuvenates itself from the affects of over pollution. Carbon dioxide emission from gasoline engines have been the major cause of radical climate changes that we are suffering nowadays. The global warming issue is really affecting how we live and will also be damaging for our future. A little extra money in buying hybrid cars can actually be more advantageous than getting the cheaper gasoline engine car. Don’t forget that whatever you do today can essentially affect the outcome of our tomorrow.

Hybrid Vehicles Have Good Combustion

You’d be interested to know that there are different types of hybrid vehicles available in the market. There are even more different types of hybrid cars being worked upon and they are expected to arrive soon. If you are looking to buy such an automobile, you will have to do a lot of research before you purchase one. Because there are lot of different hybrid automobiles having different technology and the prices are different as well. Following are the different types of hybrid cars available in the market.

Full hybrids – These are arguably the best amongst the hybrid vehicles available in the market right now. These are based on two separate systems of propulsion i.e electric motor and internal combustion engine. Both of these work independently of each other. Under different driving conditions the cars are powered just by electric motor. These cars use regenerative braking; they charge the battery through the energy that would have been lost otherwise.

Mild hybrids – These types of hybrid vehicles were created in order to capitalize on the high demand for such cars. Examine these vehicles closely and you will realize that the mild hybrids are just like other hybrids but they have a turbocharger. That is why these cars are not regarded as hybrid cars by many. In such vehicles, the power train is not connected to the electric motor like the full hybrid. Internal combustion is assisted in electric motor but it is not capable of propelling the car on its own. These cars are not bad but they can mislead the buyer. Manufacturing process is quite inexpensive and is not that complex either. They also give you better gas mileage. An excellent example of such a car is the Chevrolet Malibu hybrid which gives 2 mpg more than the standard counterpart.

Plug-In Hybrids – These types of hybrid vehicles are not out in the market right now but you can see them in the near future. These cars use internal combustion engine as a back up to electric motor. These cars can be plugged in to your standard household electric outlet for charging and they also have the same charging mechanism as the hybrid automobile. Full hybrids use internal and electric combustion engine but the plug in cars use only the internal combustion engine as backup when batteries of electric motors are empty. The car will run as full hybrid at this time. These cars give you better fuel efficiency as compared to other hybrids and many people consider this technology as the future of such cars.

Performance Hybrid – Electric motors have the ability to offer instant torque unlike conventional combustion engine. There are few companies which figured out that you can pair a small gasoline motor with electric motor and get the performance of a larger engine along with better fuel efficiency. Lexus GS450h is an excellent example of such hybrid vehicles; it is capable of achieving a top speed of 0-60 miles in 5.2 seconds. However, it also gives 25mpg city / 28mpg freeway which is not too high compared to the fuel-run vehicles. Get more quality information hybrid vehicles here.

5 Reasons Why You Should Choose Hybrid Vehicles

We believe that you’ve observed the term of “hybrid car” or even “hybrid SUV” frequently, but do you know exactly what it signifies? Within our hard work to save our planet, we can’t stress enough exactly how essential for you to go for hybrid vehicle rather than standard automobile. The definition of a hybrid vehicle is given when a vehicle has much more than one type of power source to run its engine. “A hybrid car” term typically refers to Hybrid Electric Vehicles (HEVs) which combine electric motors together with gasoline engines to attain better travel for the environment. How? Together with the gasoline engine, these electric motors offer assistants to enhance the vehicle’s energy which later on resulting in the motor to operate along with significantly less gasoline.

There are top five explanations why people prefer to select Hybrid car or even SUV instead of standard car:

1. Hybrid vehicle works efficiently
Indeed, hybrid car eliminates the irritation of having to recharge your battery especially in time of need. In contrast to fully electric powered car where you need to plug it straight into an electrical outlet to charge its battery pack, utilizing Hybrid, the system will certainly automatically switch on to make use of the gasoline engine as soon as it detects the electric battery is lower.

2. Ease And Comfort
Apart from possessing a tax incentive coming from the IRS, purchasing a Hybrid car can in addition imply obtaining a car parking discount in certain key cities. Having a hybrid car has its advantage. You’ll get to save a lot of cash from lowering your fuel consumption as well. Don’t worry about the weather, the hybrid battery functions even in the course of severe conditions (cold and warm).

3. Best for the natural environment
Hybrid vehicles and also hybrid SUVs may be categorized as green automobiles as they minimize CO2 emission meaning less pollution within the air we inhale and exhale. Decreasing toxic emission furthermore impacts on our Ozone layer, it’s better upon the natural environment. Moreover, through the use of hybrid automobiles, it will furthermore lower your fuel consumption.

4. Easy to maintain
In comparison to conventional vehicles, hybrid provides less moving parts in its system. Consequently the only maintenance expenses you probably need to spend would be on tires, wiper blades, or perhaps shocks. Just what about filter for both oil as well as air? Well, the great thing with regards to hybrid, it doesn’t make use of oil. Simple as well as significantly less upkeep, keep you funds save in your pocketbook.

5. Aerodynamic style and design
One of the primary ideas of using hybrid automobile would be to decrease fuel usage by improving the amount of fuel efficiency. This could be achieved by designing aerodynamic architecture body that reduce drag and reduce weight. There are several car manufacturers that start creating hybrid vehicle with distinctive and futuristic body design for this particular purpose.

We write this informative article to not ask you to buy a hybrid car to help save the ecosystem. Actually, there are many methods you can do in lowering emissions such as utilizing bicycle more often or perhaps public transit. However, in the event that you can’t live without a car, we strongly suggest you to purchase a Hybrid car instead of standard vehicle.