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Financial Planning / Tax Strategies
|Subject: Tax credit question for hybrid Altima||Date: 12/11/2007 10:12 AM|
|Author: makasha||Number: 97165 of 120812|
Does anyone know much about the tax credit for buying a hybrid car? Is it only possible to get the tax credit if you buy the car as the first owner, directly off the dealer's lot? I have a friend getting a dealer's license in a month or so and he's promised he could get me one at a wholesale auction, and he would only charge me California sales tax, no mark-up. So I need to know if I'm going to be eligible for the tax credit if the car doesn't come directly from Nissan.
Also, I believe these types of tax credits go down the more cars are sold. Is that correct? Is there any way to know what the tax credit on Altima hybrids will be if I wait until January to buy one? When does that information come out in the course of a year?
X-posted to LBYM
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