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Posted by Sheryll Alexander Jun 22, 2006 |
From: The Post-Standard
After announcing in April that Toyota and Ford hybrids were eligible for tax credits, the Internal Revenue Service added Honda's 2006 hybrids to the list.
The 2006 vehicles and their applicable credits are:
Honda Civic Hybrid CVT 2006 $2,100
Honda Insight CVT 2006 $1,450
Honda Accord Hybrid AT 2006 $1,300
The vehicle eligible for the largest tax credit is Toyota's Prius, which is eligible for a credit of $3,150.
The IRS also announced that Toyota has sold 41,000 hybrids as of the end of March, making it the manufacturer closest to reaching the 60,000-vehicles-sold limit that would mark the beginning of a phase out of the credits.
Ford had sold 6,192 hybrids by that point.