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Honda Civic Hybrid Prices Paid and Buying Experience

614 messages,  Last post on Aug 06, 2009 at 6:00 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Honda Civic, Hybrid Cars, Sedan


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#172 of 614
Re: Since this board.... [jrct9454] by jmurman42
Feb 03, 2006 (12:53 pm)
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Replying to: jrct9454 (Feb 03, 2006 12:35 pm)

if that is the ruling then my mistake. I was under the assumption that is was for all hybrid vehicles combined.
#173 of 614
Re: Since this board.... [jrct9454] by centel
Feb 03, 2006 (1:03 pm)
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Replying to: jrct9454 (Feb 03, 2006 12:35 pm)

That's fine this board is about the HCH. Let's assume this is 2007, wouldn't potential buyers want to know HOW to verify if they qualify for the credit? I don't think I would want to trust dealers to tell me. There must be another way.
#174 of 614
Re: . [centel] what about the VIN number [pojaman] [kyfdx] [gagrice] [pojaman] by gagrice
Feb 03, 2006 (1:37 pm)
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Replying to: pojaman (Feb 03, 2006 10:01 am)

Why would they not qualify?
 
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.
#175 of 614
Re: . [centel] what about the VIN number [pojaman] [kyfdx] [gagrice] [pojaman] [gagrice] by centel
Feb 03, 2006 (2:25 pm)
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Replying to: gagrice (Feb 03, 2006 1:37 pm)

Not withstanding the ATM, there's a limit to how many people get the tax credit.
#176 of 614
Re: . [centel] what about the VIN number [pojaman] [kyfdx] [gagrice] [pojaman] [gagrice] [centel] by gagrice
Feb 03, 2006 (2:32 pm)
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Replying to: centel (Feb 03, 2006 2:25 pm)

As many have pointed out the manufacturer gets downgraded after 60k units are sold. The tax credit for the following quarter will be reduced. It will only affect Toyota for the next couple years. I think you are safe for all of 2006 on the HCH.
#177 of 614
by gagrice
Feb 03, 2006 (2:46 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.
#178 of 614
Recent Quotes in So California by filmlabrat
Feb 10, 2006 (3:32 pm)
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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
#179 of 614
Another Recent Quote in So Cal by filmlabrat
Feb 10, 2006 (4:55 pm)
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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.
#180 of 614
Re: Recent Quotes in So California [filmlabrat] by jmurman42
Feb 11, 2006 (12:14 pm)
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Replying to: filmlabrat (Feb 10, 2006 3:32 pm)

are you saying that they charge $1000 premium to Pre-Order?
 
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.
#181 of 614
Re: Recent Quotes in So California [jmurman42] by filmlabrat
Feb 13, 2006 (3:30 pm)
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Replying to: jmurman42 (Feb 11, 2006 12:14 pm)

Yeah, something like that. If you want to put your dibs on a particular car due in then they charge +$1000. "If it happens to make it to our lot and nobody has reserved it, then we sell it for MSRP."

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