Last post on Feb 09, 2011 at 6:32 PM
You are in the Chevrolet Suburban & Tahoe
What is this discussion about?
Chevrolet Tahoe, GMC Yukon, SUV
#500 of 3150 Re: Is '07 with E85 a "Clean Fuel" vehicle? [sebring95]
Feb 25, 2006 (8:46 am)
Thanks sebring95, but I found the answer.
The U.S. federal tax code defines "clean-fuel" vehicles as motor vehicles designed to be propelled by one of the following fuels:
* Natural gas
* Liquified natural gas (LNG)
* Liquified petroleum gas (LPG)
* Electricity (e.g., some gasoline/electric hybrids)
* Any other fuel that is at least 85% alcohol or ether (e.g., E85)
It appears that the Tahoe DOES qualify as a clean fuel vehicle. I was thinking like you originally, but the tax forms this year did have a seperation on hybrids, which prompted me to research it. In that web page you'll find that any "E85" vehicle does qualify for the $2000 tax benifit. But that is only up till the end of 2005. We'll have to wait and see if it is true in 2006 also.
Then there's the other issue of actually finding E85 fuel. In my town some rural areas 100 miles out have it, but I've yet to see it for sale in town. Oh well.
#501 of 3150 Re: Is '07 with E85 a "Clean Fuel" vehicle? [narg]
Feb 25, 2006 (9:55 am)
I'm not sure you read the pages close enough.
The deduction is equal to the cost of the vehicle's engine, the equipment used to store or deliver the fuel, and the equipment used to exhaust combusted gases, up to a maximum of $2,000 for vehicles places in service by the end of 2005.
The IRS site explains this slightly better: IRS
For vehicles that may be propelled by both a clean-burning fuel and any other fuel, your deduction is generally the additional cost of permitting the use of the clean-burning fuel.
How much does GM charge you for their flex-fuel engine? The answer has always been...nothing.
How many 2007 Tahoes were sold in '05? None.
From what I've read of the law effective after 12/31/05, E85 flex-fuel vehicles won't even be considered an "alternative fuel vehicle" because they can operate on gasoline. Of course, that requires reading through the 139 page document found here House technical review
And no I don't sit around reading this stuff for the forums benefit. This is apart of my profession, so to speak.
#502 of 3150 Re: Is '07 with E85 a "Clean Fuel" vehicle? [sebring95]
Feb 25, 2006 (11:42 am)
By the time the 2006 taxes are coming due, we'll know more about this. And, I already covered the 2005, 2006 part, you didn't need to state that. Plus, don't forget, it's a $2000 deduction from income, not a $2000 payment.
Besides, reviews don't make tax law. Most taxes are based on suggestion rather than law. If there's a way, it will be found. Think positive sebring, postive.
#503 of 3150 Re: Is '07 with E85 a "Clean Fuel" vehicle? [narg]
Feb 25, 2006 (12:08 pm)
Sure there's a way. You just write it on your taxes and take the deduction. It's certainly vague enough to not get anyone charged with tax evasion. How's that for being positive?
I do think there should be some incentives for flex-fuel vehicles. And oh yeah, apply the gas-guzzler tax to all non-business use vehicles regardless of size. Haha, like that would ever be fair
#504 of 3150 Re: Is '07 with E85 a "Clean Fuel" vehicle? [sebring95]
Feb 25, 2006 (12:51 pm)
At least Bush is behind the E85 efforts, so the doors are open at the highest point in the Gov.
I'm definately going to remember that GM was a major player and a start for E85 when it starts to become extremely popular.
#505 of 3150 Re: 1k on 2007 Tahoe [07tahoeguy]
Feb 25, 2006 (2:53 pm)
If you don't mind me askin', what didjuh have to pay for the 100,000 mile extended warranty? Did it have a 5 year time limit?
#506 of 3150 Re: 1k on 2007 Tahoe [ted44]
Feb 25, 2006 (5:16 pm)
Without pulling the paperwork, $0.00 deductable, 7 years, 100,000 mile extended warranty, ran in the ballpark of $2500, they have improved it to cover brake calipers which they did not cover in their old plans. Considering a new installed transmission if it fails out of warranty installed by a dealer is the same general price.
#507 of 3150 Re: 1k on 2007 Tahoe [ted44]
Feb 26, 2006 (11:45 am)
One thing to know about extended warranties, they are EXTREMELY negotiable.
For an example, we got a 80,000 6 year on my wifes HHR, They wanted $3000 for it, I talked them down to $1000. Warranties are usually hugh money makers for companies. First, they've got 3 years of investing they can do on the money (original warrenty time) at which time they've made more than enough to cover just about anything for a car, of which very few have work done anyway. Then they have themselves negotiated lower prices for work done, so it's much cheaper for them to pay for it anyway.
Basically, pick a number and tell them what you want to pay. If they don't bite, tell them you've already got something else where for about that amount. Car dealerships hate to loose sales, on anything. If you can't get them to deal on that, don't buy. Shop around and you can find better. My credit union has warranties at almost the price I negotiated with the dealer, with no negotiation needed.
#508 of 3150 Order to delivery time
by landy man
Mar 01, 2006 (10:21 am)
Can we hear form people who ordered and got delivery - how much time did it take from the order to actual delivery? I ordered my 07 LT3 on 1/31/06, told it was built on 2/15 and transit delivery date of 3/10/06. I am chomping at the bit, especially because I am 1000 miles over my lease on the 04 Tahoe.
#509 of 3150 Re: 1k on 2007 Tahoe [narg]
Mar 01, 2006 (2:01 pm)
You might be able to reduce the price on an extended warranty for an HHR from $3K to $1k but one shouldn't necessarily expect as much of a drop for one for say, a Tahoe or Suburban...given that warranty prices vary not only on length/miles, but also on the type of vehicle as well.