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Buy Volksawgen TDIs Before Tax Credit Expires

June 24, 2010

Volkswagen GolfTime to play "Beat the Clock."

That is, if you want to cash in on tax credits on Volkswagen's 2010 TDI vehicles before they run out.

Tax credits on these diesel models, ranging from $1,150 for the Touareg 3.0L TDI to $1,700 on the Golf 2.0L TDI automatic, drop by 50 percent come July 1, and disappear altogether after December 31.

The credits are being offered by Uncle Sam to encourage buying fuel-efficient and alternative fuel cars. Typically, these cars are more expensive and the hybrid tax credit is designed to offset that extra cost.

The eligible models and their credits:

2010 Jetta Sedan 2.0L TDI (manual and automatic): Until June 30: $1,300. July 1-Dec. 31: $650.

2010 SportWagen 2.0L TDI (manual and automatic: Until June 30: 1,300. July 1-Dec. 31: $650.

2010 Golf 2.0L TDI (2 dr. and 4 dr. automatic): Until June 30: $1,700. July 1-Dec. 31: $850.

2010 Golf 2.0L TDI (2 dr. and 4 dr. manual): Until June 30: $1,300. July 1-Dec. 31: $650.

2010 Touareg 3.0L TDI Until June 30: $1,150; July 1-Dec. 31: $575.


My Recommendation for Car Shoppers

TrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

New York Tri-State Residents - Important:

There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.

- Gregg Fidan

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Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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