Monday, March 23, 2009
Fusion Hybrid 41 MPG BIG TAX SAVINGS
How About 41 mpg and a Federal Tax Credit?
2010 FUSION AND 2009 ESCAPE HYBRIDS PROVIDE BUYERS TOP TAX CREDITS
Customers eager to purchase America's most fuel-efficient midsize sedan, the 2010 Ford Fusion Hybrid, can take advantage of a $3,400 tax credit from the federal government, the highest credit amount ever offered for hybrids purchased or placed in service after December 31, 2005.*
In addition, the Ford Escape Hybrid, still the most fuel-efficient SUV on the planet** and the hybrid that paved the way for the next-generation Fusion, continues to qualify for a $3,000 tax credit, on the front-wheel drive model the highest available tax credit of all hybrids on the road today.
Fusion Hybrid's class-leading EPA-estimated 41 mpg rating in the city and 36 mpg on the highway, which tops the Toyota Camry Hybrid by 8 mpg in the city and 2 mpg on the highway, helped Fusion garner this significant credit amount, which is based on a vehicle's potential fuel efficiency. Combined, Fusion's fuel savings and tax incentive can help significantly offset the premium to the customer for hybrid-electric technology over a conventional gasoline-powered vehicle.
The tax credit amounts available for 2009 and 2010 model year hybrid vehicles are as follows:
Tax Credit Amount
2010 Fusion Hybrid
$3,400 If purchased by 3/31/09
$1,700 If purchased 4/1 - 9/30/09
$850 If purchased 10/1 - 3/31/10
$0 After 4/1/10
2009 Escape Hybrid FWD
$3,000 If purchased by 3/31/09
$1,500 If purchased 4/1/ - 9/30/09
$750 If purchaese 10/1 - 3/31/10
$0 After 4/1/10
2009 Escape Hybrid 4WD
$1,950 If purchased by 3/31/09
$975 If purchased 4/1- 9/30/09
$487.50 If purchased 10/1 - 3/31/10
$0 After 4/1/10
*This information is not intended as tax advice. The tax benefit will depend on your individual tax circumstances. The tax credit will begin to phase out for purchases made after 3/31/09. Consult your tax advisor or the IRS to confirm the amount of credit that you can claim. For complete information on the federal tax credit program or how to file, visit the IRS Web site at http://www.irs.gov or http://www.irs.gov/newsroom/article/0,,id=157632,00.html. For tax credit comparisons between makes, see http://www.fueleconomy.gov/feg/tax_hybrid.shtml. **Based on unadjusted city fuel economy from EPA (10/08) and VCA (5/08). EPA-estimated 34 city/31 hwy mpg, front-wheel drive. Actual mileage will vary. Excluding vehicles built for Mazda. †Based on EPA-estimated 41 city mpg. Actual mileage will vary.
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