Tax Credit for Maverick Hybrid?

[Darnon]

It was the finance guy, not a salesman. And it had no bearing on me buying the truck. So he lied/misinformed in vain.

Finance & Insurance Managers are just sales who have been promoted from the floor to the box.

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[jsus]

It was the finance guy, not a salesman. And it had no bearing on me buying the truck. So he lied/misinformed in vain.

Finance dept is another sales department - loans, extended warranties, insurance, etc.

 

[Captain]

It's probably jersey... We have a rain tax

Yes, NJ is the please tax me state. You even have to pay 7% tax on the total price of a car that you are only leasing. A state where public worker retirees having had an increase in 11 years… yeah we just plain suck state.

 

[Darnon]

Yes, NJ is the please tax me state. You even have to pay 7% tax on the total price of a car that you are only leasing.

To be fair good ol' free Texas does that too, IIRC. And at least as much as NY loves taxes they only whack us for the value of the vehicle once unlike states that assess it as a taxable asset annually.

 

[Bobinmi]

So...we want a $20,000 hybrid XL truck....AND get a 7500 tax credit...? It would be nice...but I don't think so...

 

[Suzukiridr14]

Interesting. The finance guy at Ford told me the Maverick would qualify for a $4,500 tax credit.

The deal was done; I was signing the paperwork. There was no need to lie to me at that point.

Car dealers can't help but lie, It's part of the process of selling a car!

 

[ychuck46]

Interesting. The finance guy at Ford told me the Maverick would qualify for a $4,500 tax credit.

The deal was done; I was signing the paperwork. There was no need to lie to me at that point.

Sorry, your finance guy doesn't know or outright lied to you. Only full EVs and plugin hybrids count, and the Maverick is neither. https://cars.usnews.com/cars-trucks/advice/how-does-the-electric-car-tax-credit-work

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