Federal Tax Credits for 2008 Ford Hybrids ~ Hybrid Car Review
Hybrid Car Review: Federal Tax Credits for 2008 Ford Hybrids

Tuesday, March 13, 2007

Federal Tax Credits for 2008 Ford Hybrids

The 2008 Ford Escape and Mercury Mariner Hybrids are getting a bump up in federal tax credits. The FWD models will be $3,000 and the 4WD can net you $2,200 in credits.

Since Toyota hit the 60,000 limit halfway through last year, their tax credits have been phasing out. Which means Ford hybrid buyers can claim (and Ford wants you to know it) the most tax credits.

For both vehicles, the new EPA-certified fuel economy for FWD models is 34 mpg city and 30 mpg highway, and 29 mpg city and 27 mpg highway for AWD models. The tax credits increased because their real world fuel economy increased for 2008.

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