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Hybrid and Diesel Tax Credits Expire This Month

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.






  • 3 Steps Every Car Buyer Needs to Take to Save Maximum Money

    The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

    Step 1 Get Prices From My Trusted Network

    Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
    Select Vehicle to Get Local Pricing

    Step 2 Get Prices From TrueCar / CarsDirect

    TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

    Step 3 Complete my Checklist

    Follow this up with my checklist to make sure you squeeze out every last bit of savings.
    - Gregg Fidan

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    About The Author

    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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