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I don't know if I am in the right spot for this question. If not can some one steer me in the right direction. Is there any tax credit or advantage for purchasing a hybrid vehicle in 2012?
Jay
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Is there any tax credit or advantage for purchasing a hybrid vehicle in 2012?
Sorry, you're a couple of years late to the party. Those credits were only for vehicles purchased on or before 12/31/2010, according to this link on the IRS website http://www.irs.gov/uac/Summary-of-the-Credit-for-Qualified-H...
Even though a manufacturer has certified a vehicle, a taxpayer must meet the following requirements to qualify for the credit:
1. The vehicle must be placed in service after 12-31-05 and purchased on or before 12-31-10.
AJ
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Your state might still offer tax credits for hybrids, plug-ins or home infrastructure related to supporting new fuel vehicles.
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