Buy Volksawgen TDIs Before Tax Credit Expires
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 ShoppersTrueCar No-Haggle, CarsDirect, and Ryde Shopper 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.
- 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...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid