2011 Hyundai Sonata Hybrid Comes With $1,300 Tax Credit

Hyundai officials confirmed that the 2011 Hyundai Sonata Hybrid will qualify for a $1,300 federal tax credit when launched in December.

However, all hybrid tax credits are set to expire on December 31, 2010, so you won't have much time to act.

Here are a few things to be aware of before you rush out to place an order.

Some dealers will take advantage of the fact that this car is in demand and will mark up the price.

This could offset any savings you hope to get from the tax credit.

If you wait a few months, you can save the same amount of money - or more.

The initial buying frenzy will subside, and prices will fall.

You'll have a better selection and be able to realize your savings instantly, rather than a year later when you file your tax return.

See the lowest prices on a vehicle in your area (plus see the actual incentives you qualify for)
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