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  • Various Toyota Hybrids Get Tax Credit Certification From IRS
    Starting in 2006, individuals buying hybrid cars will get a tax credit instead of a tax deduction. The IRS has just started to kick out the exact amounts you can claim for your new hybrid.

    Various Toyota Hybrids Get Tax Credit Certification From IRS

    Under the Energy Policy Act of 2005, the tax benefits of owning a hybrid vehicle underwent significant changes. Whereas you could previously claim a tax deduction, the new law converted the deduction into a tax credit. Tax credits are FAR more valuable than deductions, beca ...
    Author: Richard Chapo
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    The Hybrid Car

    A hybrid car has a small engine that is fuel efficient, which is combined with an electric motor that aids the engine when additional power is needed during acceleration. The electric motor gets its power from battery banks which continuously charge while you are driving.

    Energy is conserved when you stop because the engine is shut off automatically. Then, when you apply gas, it automatically restarts.

    The hybrid car also uses a more advanced aerodynamic lightweight body, and combines it with low roll resistant tires that are stiffer and narrower to help reduce drag.

    In 2004, out of the 17 million vehicles sold there were around 80,000 hybrid vehicles sold. By 2005 that number had increased by 1.2% to 200,000, and it's estimated that by 2007 more than 400,000 hybrids will be sold.

    There are several hybrids currently available in North America. They include the Honda Civic, Honda Accord, Honda Insight, Toyota Prius, and the Mercury Mariner. There are also Hybrid SUVs available - the Ford Escape, the Lexus 400H and the Toyota Highlander, and many new models are on the way.

    The Toyota Prius holds 52% of the hybrid market with just under 108,000 vehicles. The Honda Civic is the next most popular with 25,000 vehicles.

    Now that consumer support for the hybrids has arrived, auto manufacturers are increasing the pace at which they introduce hybrid models. Just starting to come out are the Honda CR V SUV, Saturn Vue, Hyundai Accent, and Kia Rio are being introduced as hybrid models. In 2007 we will see the Toyota Camry, Honda Fit, Mazda Tribute, Chevrolet Malibu, and Nissan Altima; and 2008 will see the Ford Fusion and Mercury Millan available as hybrids.

    And as an added bonus in the United States, consumers that purchase a hybrid will get a tax break. Those purchasing fuel-cell vehicles will get up to $8000 in tax breaks, and those purchasing alternative fuel vehicles that weigh less than 8,500 pounds get a $2500 tax break. It's a nice pleasant surprise!


     


  • Electric Car


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  • Global Dumbing?

    I am beginning to wonder if scientists have been getting it all wrong. All this time, people have been worried about the Ozone, or a giant asteroid, or some breakout of a bio-hazardous agent by a terrorist organization being the doom of mankind. We have spent all this time looking outward instead of inward towards ourselves.

    The latest studies have identified two startling facts: 1 - that the whole in the Ozone layer is getter smaller, and 2 – that the brightness levels on the earth our getting dimmer. Do ...
    Author: Gary Whittaker
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    Featured news and tips about Hybrid Cars Compared:

    Hybrid cars bought in '06 can yield credits of up to $3,400 on income taxes

    Drivers seeking to beat rising gasoline prices by buying hybrid vehicles could save more money if they're patient. Starting in 2006, people who buy or lease hybrid vehicles - cars or sport utility


    Hybrid Cars Rewarded with Gold in Lake Placid

    Lake Placid is launching an effort to promote hybrid cars because they are good for business, good for the consumer, good for the country and good for the environment, and will award those who drive a hybrid with a souvenir Gold for Green Lake Placid medal. [PRWEB May 7, 2005]


    Pros & Cons of Hybrid Cars, Trucks & SUVs

    Can you drive an SUV or pickup truck in good conscience these days? If it's a Hybrid pickup truck or SUV you can. Before you buy one, here's everything you need to know about Hybrid cars and the future of...


    Hybrid Cars Burning Gas in the Drive for Power

    Hybrid Cars Burning Gas in the Drive for PowerSurprisingly, hybrid technology is being used to satisfy the American appetite for acceleration and bulk.


    Hybrid Cars Tax Credit Begins January 2006

    In addition to the hundreds of items in the energy bill, there is a section related to a New Hybrid Cars Tax Credit That Begins January 2006. While President Bush has not signed it yet, he is almost certain to...


     

     

     

     





    Featured Resources:

  • BetaNews Software Bug Stalls Prius Hybrid Cars
    To notify buyers of its Prius hybrid that the car could. On mileage? There are already cars out there that are far cheaper. 15 years to pay for a prius compared to a small sized honda civic.


  • GM Hybrid Cars
    Compared to standard Astra diesel cars, the Astra Diesel Hybrid is 25 percent more fuel-efficient. The Opel Astra GTC Coupe diesel hybrid will be sold in Europe, but not in the North American market.


  • Automobile Discussion - Tax breaks on hybrid cars
    That save the most fuel compared with 2002 models, and the. The car being outfitted with hybrid technology. Just as. Too many credits from too many cars may not be that helpful in.


  • Hybrid Trucks

    We have all heard all the talk about the fuel economy and innovations of Hybrid Cars and how they are sweeping the nation. Last year in 2004 in fact over 88,000 Hybrids were sold and waiting lists are still climbing. Honda, Toyota and Ford cannot build them fast enough. Things are changing indeed. Although still a drop in the bucket considering the average 17 million cars sold each year in the United States we can see a hyperbolic trend forming as oil prices stay high. Also with China and I ...
    Author: Lance Winslow
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