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Honda Civic Hybrid Prices Paid and Buying Experience

614 messages, Last post on Aug 06, 2009 at 6:00 AM
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Replying to: jrct9454 (Feb 03, 2006 12:35 pm) |
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Replying to: jrct9454 (Feb 03, 2006 12:35 pm) |
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Replying to: pojaman (Feb 03, 2006 10:01 am) Alternate Minimum Tax for one reason. My tax man said I may get hit this year for the first time. You do NOT get the hybrid tax credit if you are stuck in this AMT bracket. AMT hits the demographic that buy hybrids. Although most folks have never heard of the alternative minimum tax, by the time they do, it will be too late. By 2010, nearly 30 percent of all taxpayers making between $75,000 and $100,000 a year (about 1.7 million people) will be subject to the AMT if it is not changed, according to a Treasury Department study released last year. Created in 1969, AMT was designed to prevent the very wealthy from dodging taxes through shelters and deductions. Taxpayers are required to calculate both their regular tax and what they would owe under the alternative system - then pay Uncle Sam the higher of the two figures. In effect, taxpayers are simply adding back some tax deductions and income exclusions to regular taxable income to arrive at the alternative minimum taxable income. However, because the AMT was never indexed to inflation, an increasing number of regular middle- and upper-middle-income folks find themselves owing the convoluted tax.
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Replying to: gagrice (Feb 03, 2006 1:37 pm)
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Replying to: centel (Feb 03, 2006 2:25 pm) |
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CREDIT AMOUNT For Hybrids Less than or equal to 8,500 pounds: 1. Fuel economy credit of $400 to $2,400, depending upon the city fuel economy compared to the 2002 standard; and 2. Conservation credit of $250 to $1,000 – based on estimated lifetime fuel savings compared to vehicle meeting 2002 model year standard. You figure it out. It is anyone's guess. Somewhere between $650 & $3400. How the city figures in is beyond me. |
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HCH Quotes today... Robertson Honda, North Hollywood, CA; MSRP +$1000 to order ...but if they receive one and it's not pre-ordered they sell for straight MSRP. Honda of Hollywood, Hollywood, CA; MSRP +$2000
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| Norm Reeves Honda, Cerritos, CA; MSRP +$2000, no pre-ordering they just keep a list and start calling when they get product. | |
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Replying to: filmlabrat (Feb 10, 2006 3:32 pm) I am starting to hear dealerships going away from Pre-Ordering. We definately get backed up with Pre-Orders but our customers certainly do appreciate it.
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Replying to: jmurman42 (Feb 11, 2006 12:14 pm)
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