Hybrid Car Review

The tax credit available on MY 2009 hybrid vehicles is both shorter and longer than it has been in the past.

Make	Model	Credit Amount
Cadillac	Escalade Hybrid 2WD	$2,200
Cadillac	Escalade Hybrid All Wheel Drive	$1,800
Chevrolet	Tahoe Hybrid C1500 2WD	$2,200
Chevrolet	Tahoe Hybrid K1500 4WD	$2,200
Chevrolet	Silverado Hybrid C15 2WD	$2,200
Chevrolet	Silverado Hybrid K15 4WD	$2,200
Chevrolet	Malibu Hybrid	$1,550
Chrysler	Aspen Hybrid	$2,200
Dodge	Durango Hybrid	$2,200
Ford	Escape Hybrid 2WD	$3,000
Ford	Escape Hybrid 4WD	$1,950
GMC	Sierra Hybrid C15 2WD	$2,200
GMC	Sierra Hybrid K15 4WD	$2,200
GMC	Yukon Hybrid C1500 2WD	$2,200
GMC	Yukon Hybrid K1500 4WD	$2,200
Honda	Civic Hybrid (CVT)	$2,100
Mazda	Tribute Hybrid 2WD	$3,000
Mazda	Tribute Hybrid 4WD	$1,950
Mercury	Mariner Hybrid 2WD	$3,000
Mercury	Mariner Hybrid 4WD	$1,950
Nissan	Atima Hybrid	$2,350
Saturn	Aura Hybrid	$1,550
Saturn	Vue Hybrid	$1,550

Keep in mind the tax credit on Toyota and Honda hybrids has already expired, while the tax credit on the Ford and Mercury vehicles has been cut in half as of yesterday (April 1, 2009).  Ford hybrid car buyers will see another cut in October, and will end April 1, 2010.

The 2010 Ford Fusion and Mercrury Milan Hybrids are eligible for the full tax credit of $3,400, if you bought it last month.  This month, the credit will have fallen to half that ($1,700). The hybrid SUVs from Ford also had their tax credit cut in half.

Follow the link to see the full details on how to get your federal tax credit on a hybrid car, and to see how much you could get back, depending on which car you buy and when you bought it.