27397Re: Tax incentives; HOV lanes; other beTnnies
- Feb 1, 2002Almost all of these have been discussed--some excruciatingly--but
there are few definitive answers.
Check Bookmarks>Financial, lots of stuff there:
Federal tax (I'm not a tax professional, yada yada):
$1500 deduction for sure
~$2000 credit is debatable, and the latest IRS pubs, though poorly
drafted, clearly intend that the Prius is not eligible
CA advantages (I'm still not a tax professional):
I don't know what CEDD is
IMO, it's a disgrace how slow CA has been to provide incentives for
folks to buy the Prius or Insight. San Joaquin air quality district
has an incentive in place:
The state has been trying to get one up & running, but I'm skeptical
that it will ever happen:
Both must be arranged before vehicle purchse.
Unambiguous NO from CARB on HOV use solo, 'cause it uses gas:
San Carlos, CA
--- In toyota-prius@y..., Donald Cook <decook@a...> wrote:
> I spent almost two hours this morning in a vain attempt to research
> issues with Prius. Nowhere does there appear a definitive answer to
> these questions where I, at any rate, would expect to find them:
> * The federal tax advantage to Prius ownership:
> * IRS rules
> * Any possible other incentives
> * The state (California) advantage to Prius ownership:
> * CEDD credits or deductions
> * HOV status -- I had heard some months ago that Prius could now
> qualify. Some sites refer you to the DMV site, but it's both
> dense and a little lacking in effective indexing, so I could
> * Hm. Can't get rid of these damned bullets. Crap.
> * Anyway. I would be most interested in either a site where all
> above can be found, or an answer that would outline the
> I can look up the original materials myself.
> * Dots.
> [Non-text portions of this message have been removed]
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