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New Chysler Hybrid Vehicles Coming Soon
Chevy Silverado Hybrid Pickup 2005 Revs It Up In Performance Parts at Partstrain
You may not realize this but if you are going to buy a hybrid car, SUV or any similar vehicle you could get a whopping tax break. In fact few consumers have taken the government up on this offer, perhaps they do not realize that this was part of the Bill that President Bush recently signed? If you buy a Honda or Toyota hybrid such as the Prius or Isight you could get a $2,000 deduction on your 2004 or 2005 tax return. Those in the 33% tax bracket that would cut your tax obligations by ...
Author: Lance Winslow
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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!
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Article of the
Day:
IRS Certifies 2006 Toyota Hybrid for Clean Fuel Deduction
The Internal Revenue Service has certified the 2006 Toyota Highlander Hybrid as being eligible for the clean-burning fuel deduction. This certification means that taxpayers who purchase one of these hybrid vehicles new during calendar year 2005 may claim a tax deduction of up to $2000 on Form 1040. Under Working Families Relief Act of 2004, which was signed into law in October of 2004, the clean-burning fuel deduction is limited to up to $2,000 for certified vehicles first put into service in 2005 and $500 for vehicles pl ...
Author: Business Tax Recovery
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Honda Environmental Technology Advances with Honda Accord Hybrid and Honda Fuel Cell Stack
Employing Variable Cylinder Management technology (VCM), Honda Accord Hybrid is the first hybrid vehicle to deactivate three of its engine's six cylinders in certain conditions like highway cruising for greater fuel efficiency without affecting its performance. The new 2005 V6 Accord Hybrid integrates the fuel economy of a four cylinder compact Civic and high-level performance. Combining VCM with Honda's Integrated Motor Assist hybrid technology, Honda Insight and Civic Hybrid captured four of the top five slots in the ...
Author: Jenny McLane
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