Full Ford Hybrid Credit Expires March 31
The hybrid tax credits that have already expired for Toyota and Honda are still in effect for other automakers, including Ford — but not for long. Ford, which just celebrated the production of its 100,000th Escape Hybrid, is seeing its full credit expire at the end of the month.
Until then, tax credits of $3,000 for the two-wheel-drive Escape, Mercury Mariner and Mazda Tribute hybrids, or $1,950 for four-wheel-drive versions, will still be available. Ford’s all-new 2010 Fusion and Mercury Milan hybrids are eligible for a $3,400 tax credit. Those two new hybrids might not be on lots today, but they should arrive before the end of the month. The Fusion and Milan hybrids get 41/36 mpg city/highway. The Fusion Hybrid starts at $27,270, while the Milan Hybrid starts at $27,500.
The credit will be cut in half for vehicles purchased after March 2009, and then in half again for ones bought after Sept. 30. Starting April 1, 2010, the automaker won’t get any more tax credits.
Unlike other Ford Escapes, the hybrid version does not have any incentives on it.
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Congrats to Ford for selling so many hybrids. My wife recently looked at a Ford Escape Hybrid. The dealer only had one in stock and had tacked on a $3,000 additional dealer charge, but after some negotiation they offered it at full sticker price. The loss of the tax credit won't affect consumers much - it means dealers won't be able to pull their shenanigans as easily. I wonder how much they'll tack on the Fusion Hybrid, cause that looks like it will be a sweet machine.
I will also compliment other automakers for sales in hybrid cars.It indicates how everyone became aware of its advantages especially to our environment.