Buy Volksawgen TDIs Before Tax Credit Expires
Time 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.
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- Gregg Fidan
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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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