Tax Credits You Get for Buying a Hybrid GM
GMC was a late comer to the hybrid field, so it doesn't have very many hybrids sold. After selling 2,927 qualifying vehicles to dealers as of March 21, 2007, the total number of GM hybrids sold is 8,485.
The 2008 model year GMs qualify for the tax credit include:
- Chevrolet Malibu hybrid - $1,300
- Saturn Aura hybrid - $1,300
- Chevrolet Tahoe Hybrid - $2,200
- Chevrolet Yukon 1500 Hybrid - $2,200
These earlier model year cars qualify for the tax credit as well:
- Chevrolet Silverado Hybrid 2WD, Model Years 2006 and 2007 - $250
- Chevrolet Silverado Hybrid 4WD, Model Years 2006 and 2007 - $650
- GMC Sierra Hybrid 2WD, Model Years 2006 and 2007 $250
- GMC Sierra Hybrid 4WD, Model Years 200 and 2007 $650
- Saturn Vue Green Line, Model Year 2007 $650
- Saturn Aura Hybrid, Model Year 2007 $1,300
The 2008 GM hybrids are much more efficient, so they do qualify for better tax breaks than most of the earlier models.
Made home improvements?
We can help you there too. From new windows, to roofing, to solar power -- find out what rebates you qualify for with the Green Daily Tax Guide: Home Edition.
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