Comments on: Tax Credit Gives 2008 Altima Hybrid An Edge over Camry Hybrid

By: Andrew Winder

Andrew Winder — Mon, 19 May 2008 03:26:11 +0000

Juan – I don’t know what the heck you’re talking about, just looks at how much a 5 year old Prius is selling for and tell me thats not way above average. The resale value far outpaces anything you see in a traditional gas car.

By: Juan S.

Juan S. — Thu, 01 May 2008 01:58:10 +0000

I work in the auto industry right now and can tell you that the hybrid cars resale value is not that great and you should be careful how you buy your car, in short now is a great time to buy.

By: AP

AP — Thu, 06 Dec 2007 16:35:23 +0000

This whole situation shows how futile and arbitrary it is to use incentives to affect purchases rather than usage. It would make more sense to charge more for fuel (encouraging ALL fuel-efficient vehicles, not just hybrids) and return the revenue as income tax credits to EVERYONE.

By: Matt

Matt — Tue, 04 Dec 2007 20:01:31 +0000

I am married, we rent and have combined incomes over $150,000. Are we subject to AMT?

By: Danny

Danny — Mon, 03 Dec 2007 21:10:46 +0000

Yes, go for it! many people have done this. just make sure your local Nissan dealer has a hybrid certified technician (there should be at least 1 at every dealership). you can even go to your local dealership and see if they will trade with a dealership in jersey. good luck!

By: JY

JY — Mon, 03 Dec 2007 21:10:10 +0000

Lorin, I don’t see why not. My friend bought one in Calif. and registered it here in Nevada where we live. Nice car!

By: Lorin K

Lorin K — Mon, 03 Dec 2007 20:56:38 +0000

We live in Maryland (near Washington DC) and may be shopping for a hybrid sedan in 2008. Could we buy an Altima in southern NJ (about 100 miles from us) for our use here in Maryland?

By: BB

BB — Mon, 03 Dec 2007 13:23:45 +0000

By: Giant

Giant — Sun, 02 Dec 2007 21:07:02 +0000

Moishe has a point. The tax credit is subject to the alternative minimum tax. My $2600 camry hybrid tax credit was reduced to roughly half by the AMT.

By: Moishe K

Moishe K — Sun, 02 Dec 2007 00:33:20 +0000

Unless you have no kids mortgage or other deductions the tax credits don’t mean anything to most taxpayers see your CPA before falling for the bait