V6 or Hybrid?

[EternalEnigma21]

Originally Posted by firstdown

If I'm correct a 1300 tax credit does not equal a 1300 saving on taxes. It is just an amount that you do not have to pay taxes on. So if you pay around 25% in taxes then you would save about $325.00 on your taxes. Can you claim that amount every year or just the year you purchase the car? It is a sales tool whish is misleading if I'm correct. Have you looked up the safty rating on these cars those hybird do not look like they provide very much protection in case of an accident.

actually a deduction (which is what it used to be) allows you the 1300 in decreased taxable income, and I believe a credit comes off the bottom line...

I've heard there are stipulations... you cannot lease a hybrid car... only 1 time credit the year you buy it... you cannot sell the car within that time... some other things....

from what I've heard its actually a 1300 dollar difference in your pocket...

the safety ratings on the car are top notch with all of the VSC 7 airbags, and the fact that it is still a camry....