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Hybrid and Diesel Tax Credits Expire This Month

December 9, 2010

Hybrid Tax CreditsIf you've been putting off buying a hybrid or diesel vehicle, and want to cash in on the Federal tax credits, you'd better hurry, as they're set to expire December 31.

In fact, tax credits on many Ford, Honda, and Toyota hybrids have already expired.

But tax credits are still available on the following 2010 and 2011 hybrids:

  • Nissan Altima Hybrid, $2,350
  • BMW X5 and X6 Active Hybrids, $2,200
  • Mercedes-Benz ML450 Hybrid, $2,200
  • General Motors full-sized SUV and pickup hybrids $2,200

    Several diesel vehicles are also eligible:

  • Audi A3 TDI, $650
  • BMW X5 xDrive35d, $1,800
  • Mercedes-Benz GL 350 BlueTec, $1,800
  • Volkswagen Golf TDI, $850 (automatic)/ $650 (manual)
  • Volkswagen Touareg TDI, $575

    If you're interested in any of these vehicles, now's the time to act.

    My Recommendation for Car Shoppers

    TrueCar No-Haggle, Edmunds Price Promise, 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.

    California Residents - Important:

    There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

    - Gregg Fidan

    Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
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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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