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Tax Break for 2007

9 messages,  Last post on Mar 14, 2008 at 4:09 PM

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


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#1 of 9
Tax Break for 2007 by socalfem
Oct 08, 2007 (5:04 pm)
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Anyone know of any or how much tax credits this year for the HCH or Prius ?
#2 of 9
Re: Tax Break for 2007 [socalfem] by gagrice
Oct 08, 2007 (5:10 pm)
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Replying to: socalfem (Oct 08, 2007 5:04 pm)

The HCH still has the full tax credit until Honda sells 60k hybrids. Which may be never. Toyota has reached 60k units and the Prius no longer gets any tax credit.
#3 of 9
Thanks gagrice by socalfem
Oct 08, 2007 (5:15 pm)
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Thanks for your info gagrice
I like the way the hondas look much better than the toyota....guess the tax credit is a incentive also !!
#4 of 9
Re: Thanks gagrice [socalfem] by gagrice
Oct 08, 2007 (5:16 pm)
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Replying to: socalfem (Oct 08, 2007 5:15 pm)

I don't think that you can get a HOV sticker for the hybrids any longer. I do think you can get a tax credit and HOV sticker with a Civic GX that uses CNG.
#5 of 9
stickers by socalfem
Oct 08, 2007 (5:22 pm)
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I would rather have the tax credit than the sticker, don't drive the freeway that much....why no stickers anymore ???
#6 of 9
?? by socalfem
Oct 08, 2007 (5:23 pm)
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Do you know much about the CNG's ? I have no clue about them, pros or cons
#7 of 9
Re: ?? [socalfem] by gagrice
Oct 09, 2007 (5:46 am)
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Replying to: socalfem (Oct 08, 2007 5:23 pm)

CNG is a specialty car. Very good for commuting where you have access to CNG. The tank is large and takes up most of the trunk. It would not be practical for a vacation as it has about 250 mile range. If you are not a freeway commuter that needs HOV access with one person, the hybrid Civic is a better option.
 
The state put a limit on hybrid HOV stickers. That was reached some time ago.
#8 of 9
Re: ?? [gagrice] by socalfem
Oct 09, 2007 (8:36 am)
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Replying to: gagrice (Oct 09, 2007 5:46 am)

Thanks for your help!
#9 of 9
no fed tax credit, $2100 down the drain by xkmail
Mar 14, 2008 (4:09 pm)
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I bought my hch in dec 2007 witht he hopes of getting the $2100 fed tax credit.
My wife and I did not make enough and so did not qualify.
You need to be in a $50-$80K tax bracket owing money to get it,
jsut clarifying the issue a little

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