French777 Member Username: French777
Post Number: 331 Registered: 10-2006
| Posted on Sunday, February 10, 2008 - 11:20 am: | |
If I bought a used 2006 Ford Escape Hybrid would I still get my Tax Break from Michigan? |
Detroitplanner Member Username: Detroitplanner
Post Number: 1539 Registered: 04-2006
| Posted on Sunday, February 10, 2008 - 12:14 pm: | |
I would doubt it. why not check the michigan tax page? |
Charlottepaul Member Username: Charlottepaul
Post Number: 2302 Registered: 10-2006
| Posted on Sunday, February 10, 2008 - 12:24 pm: | |
How is the resale value on hybrids/alt. fuel vehicles? People were discussing that the other day at work. Someone suggested that the cost of replacing the battery or something in a hybrid made that vehicle nearly worthless in resale. Just wondering if that is true or not... |
Novine Member Username: Novine
Post Number: 427 Registered: 07-2007
| Posted on Sunday, February 10, 2008 - 3:23 pm: | |
I don't think there is a state tax credit for hybrid vehicles. I believe that the federal tax credit only applies to the initial purchase. What does a used Escape go for these days? |
French777 Member Username: French777
Post Number: 332 Registered: 10-2006
| Posted on Sunday, February 10, 2008 - 6:21 pm: | |
14 Grand is the Cheapest I've seen on Autotrader and Cars.com |
Rugbyman Member Username: Rugbyman
Post Number: 234 Registered: 06-2005
| Posted on Sunday, February 10, 2008 - 7:10 pm: | |
I just did my taxes and the federal deduction does not apply to used hybrids. Don't know about Michigan taxes, but I can't imagine that they'd extend a rebate the Feds don't. Sorry, Charlie. |