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Louisiana Hybrid Car Rebate
The Louisiana Department of Natural Resources offers
a state income tax credit worth 20% of the cost of converting a
vehicle to operate on an alternative fuel, and 20% of the incremental
cost of purchasing an Original Equipment Manufacturer (OEM) alternative
fuel vehicle (AFV). For the purchase of an OEM AFV, the tax credit
cannot exceed the lesser of 2% of the total cost of the vehicle
or $1,500. Only those vehicles registered in Louisiana can receive
the tax credit.
Rebate Information:
- Only those vehicles registered in Louisiana can receive the
tax credit.
- The Louisiana department of revenue concluded that "The
cost of equipment involved in converting to a hybrid vehicle or
installed by a manufacturer of hybrid vehicles can be used to
compute this credit."
For more information, contact the Louisiana Department
of Natural Resources at (225) 342-1399
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| Acura RD-X, RL |
| BMW X5 |
| Chevrolet
Malibu, Tahoe, Equinox |
| Dodge Durango,
Intrepid ESX |
| Ford Escape HEV |
| GMC Sierra Partial
Hybrid |
| Honda Insight,
Civic, Accord |
| Lexus RX 400H,
LS |
| Mazda RX-8 |
| Saturn EV1,
VUE |
| Subaru B9 SC |
| Toyota
Prius, Camry, Highlander |
Though current hybrid car tax incentives/rebates are being
phased out, consumers can look forward to rebates of up to $5000
in 2005.
Current hybrid cars can get up to 60 miles to the gallon on
the highway. In addition to fuel economy, they boast lower emissions
and depreciation than gasoline powered cars.
In the near future, hybrid cars are expected to get fuel mileage
as high as 190 miles per gallon!
Environmentalists embrace hybrid cars as a solution to today's
pollution problems.
Heavy HEV development began in the early 1990's with major
manufacturers donating billions of dollars to the research of
new hybrid technologies.
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