Comments on: Honda Reaches Hybrid Tax Credit Cap http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/ Auto alternatives for the 21st century Mon, 03 Dec 2012 19:24:39 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: SolarDEK http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6341 SolarDEK Tue, 27 Nov 2007 17:50:23 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6341 I stand corrected.

Honda hit the 60,000 mark early in September 2007,
So the clock started ticking Sept 30.

and consequently, Jan 1, 2008 is the correct date for the start of phasing out the tax credit

]]> By: SolarDEK http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6340 SolarDEK Tue, 27 Nov 2007 17:36:05 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6340 According to the IRS website,
http://www.irs.gov/newsroom/article/0,,id=157557,00.html

the Hybrid Tax Credit starts phasing out the second quarter after the manufacturer sells (“places into service”) 60,000 hybrid vehicles.

This quarter ends Dec 30, 2007.
The next quarter ends March 31, 2008 and that means the tax credit starts phasing out April 1, 2008. (No fooling.)

I guess the newspaper editors don’t know how to read (or understand the IRS rules).

Supporting evidence. Toyota hit the 60,000 mark May 2006. The tax credits did not start phasing out until Oct 1, 2006.

]]> By: Collin http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6339 Collin Mon, 26 Nov 2007 20:36:15 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6339 Is anyone from Honda reading this? Why is the HCH only available in boring colors? How about a nice RED or a wild ORANGE, metalic COPPER or Bahma BLUE? I would have considered the HCH if it had a little more sex-appeal!!!

]]> By: Jessica http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6338 Jessica Mon, 26 Nov 2007 00:09:25 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6338 This is about the Global Warming thing.. I forgot to say that before :$

]]> By: Jessica http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6337 Jessica Mon, 26 Nov 2007 00:08:15 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6337 Why would you tell politicians that you don’t like to go eat cake? And then later tell them to EAT THE RICH? This is way to confusing for me!!

]]> By: Max Reid http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6336 Max Reid Thu, 22 Nov 2007 02:42:11 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6336 Civic-Hybrid will become tougher to sell. Probably Honda has to reduce the cost by 1K just like Toyota did with Prius.

]]> By: Elfinsong http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6335 Elfinsong Wed, 21 Nov 2007 18:53:49 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6335 Let them eat cake!
Political BS
How about all the rich non-caring politicians and corprate big whigs give back by buying hybrids for all who can’t afford them.
Maybe then they would want the tax credit back in place.
EAT THE RICH!!!

]]> By: larryG http://www.hybridcars.com/honda-reaches-hybrid-tax-credit-cap/#comment-6334 larryG Wed, 21 Nov 2007 18:23:26 +0000 http://127.0.0.1/wordpress12/?p=1456#comment-6334 This is just what we need in the era of post-Peak Oil and global warming: make fuel-efficient cars more expensive! D’oh!

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