According to KicingTires online publication, there is no new incentive plan expected for 2011. It’s not just the hybrid market that will be affected, as some diesel cars also benefited from the law. Even the $4,000 (€3,025) tax incentive on the compressed-natural-gas-powered 2011 Honda Civic GX will be removed. It’s not all bad news though, as tax credits for EVs like the Chevrolet Volt and Nissan Leaf are not effected by the same regulations.
Currently, hybrids get tax breaks ranging from $900 up to $3,400 (€690 to €2,570). This is especially bad for models like the 2011 Hyundai Sonata Hybrid and the 2011 Porsche Cayenne S Hybrid that have just been launched and could have really benefited from the program.
Other established carmakers like Honda, Toyota, Volkswagen, Audi, Lexus, Ford, Mercury and Lincoln, have already stopped offering the tax credits, as a the current laws is only effective for the first 60,000 hybrid models made by each manufacturer.
If you want to hurry and buy a frugal little hybrid, here is the list of tax cuts still offered by the US Department of Energy:
• 2010-2011 BMW ActiveHybrid X6: $1,550 (€1,171)
• 2011 BMW ActiveHybrid Li: $900 (€680)
• 2011 BMW ActiveHybrid 750i: $900 (€680)
• 2011 BMW 335d: $900 (€680)
• 2011 BMW X5 xDrive 35d: $1,800 (€1,360)
• 2010-2011 Cadillac Escalade Hybrid: $2,200 (€1,663)
• 2010 Chevrolet Malibu Hybrid: $1,550 (€1,171)
• 2010-2011 Chevrolet Silverado Hybrid: $2,200 (€1,663)
• 2010-2011 Chevrolet Tahoe Hybrid: $2,200 (€1,663)
• 2010-2011 GMC Sierra Hybrid: $2,200 (€1,663)
• 2010-2011 GMC Yukon Hybrid: $2,200 (€1,663)
• 2010-2011 Honda Civic GX: $4,000 (€3024)
• 2011 Mercedes-Benz E350 BlueTec: $1,550 (€1,171)
• 2011 Mercedes-Benz GL350 BlueTec: $1,800 (€1,360)
• 2011 Mercedes-Benz ML350 BlueTec: $900 (€680)
• 2011 Mercedes-Benz R350 BlueTec: $1,550 (€1,171)
• 2010 Mercedes-Benz S400 Hybrid: $1,150 (€1,171)
• 2010-2011 Mercedes-Benz ML450 Hybrid: $2,200 (€1,663)
• 2010-2011 Nissan Altima Hybrid: $2,350 (€1,713)
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