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URL:  http://boards.fool.com/i-have-a-friend-getting-a-dealers-license-in-a-26180773.aspx

Subject:  Re: Tax credit question for hybrid Altima Date:  12/11/2007  10:34 AM
Author:  TMFPMarti Number:  97166 of 121177

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.

Hardly any car comes "directly" from the manufacturer. The credit is available to the original owner. Speaking only from hunch, I assume that's the first non-dealer to buy the car.

Also, I believe these types of tax credits go down the more cars are sold. Is that correct?

Yes.

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?

It comes out quarterly. This should tell you what you need to know:

http://www.irs.gov/newsroom/article/0,,id=175641,00.html

Phil
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