Tax Credits You Get for Buying a Hybrid Toyota
Toyota was the first car manufacturer to hit 60,000 cars sold, so the phase out of tax credits started on its cars bought after September 2006.
If you bought a Toyota hybrid between January 1, 2007 and March 31, 2007, you qualify for these tax credits:
- 2006 and 2007 Toyota Prius - $1,575
- 2006 and 2007 Toyota Highlander - $1,300
- 2007 Toyota Camry - $1,300
- 2006 and 2007 Lexus RX 400h - $1,100
- 2007 Lexus GS450h - $775
If you bought a Toyota between April 1, 2007 and September 30, 2007, you qualify for these tax credits:
- 2008 Toyota Prius Hybrid - $787.50
- 2008 Toyota Camry Hybrid -$650
- 2008 Toyota Highlander Hybrid 4WD - $650
- 2008 Lexus LS 600h L Hybrid - $450
- 2008 Lexus RX 400h 2WD and 4WD- $550
You can't get a tax break if you bought a Toyota hybrid after September 30, 2007. There will be no tax breaks for Toyota hybrids bought in 2008 through 2010.
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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