Hybrid Car Review

As an incentive to employees, Bank of America is offering $3000 to any employee in Boston, LA, or Charlotte who buy hybrid vehicles. Add that to the federal tax break and anybody who follows up on this offer will pay less for a hybrid than they would for a conventional gas car.

"The hybrid program expands our commitment to the environment and helps our associates to participate in making a difference while cutting down on their commuting costs," said Anne Finucane, head of the company's environmental council.

"We are pleased to be one of the first corporations offering this benefit and strengthening our long-standing leadership on environmental issues."

Bank of America is describing this incentive as a pilot program. They want to see how it goes before offering it to all employees.

Bank of America is following other companies such as Google and Timberland, who also offer cash to employees who purchase hybrids.