- First Name
- Frank
- Joined
- Oct 30, 2021
- Threads
- 20
- Messages
- 1,573
- Reaction score
- 2,014
- Location
- Sarasota Florida
- Vehicle(s)
- 1956 THunderbird , 2016 Acura MDX (Wifes car)
- Engine
- 2.5L Hybrid
This is the first time I heard of a tax credit on a hybrid.I drive about 250 miles per week (1,000/month). My Frontier got 18 mpg (at $3.33/gal that's $185/month). My Maverick gets 46 mpg ($72/month). That's about $110/month savings. I expect gas to go up after the election in November, so my savings should increase.
At $110/month, that's about $1,200/year. That more than offsets the $200 hybrid fee, which I don't think NC has. PLUS the Federal Gov't is giving me a $4,500 tax credit for buying a hybrid! It would take 22.5 years for the State's $200 fee to add up to the Fed's $4,500 credit.
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