If you buy the new all electric Chevy Volt you qualify for a federal tax credit of $7,500, but you might not get it. A reporter working back east says it appears some dealerships are swiping the credit before consumers can their hands on it.
How? Dealerships are selling the cars to each other, getting the $7,500 and then placing the car up for sale as used. It appears to be completely legal, but executives at General Motors might not be amused, so if you are buying a Volt and not getting the tax rebate, consider placing a call to General Motors.
I think 7,500 $ is reasonable amount of TAX at least for Chevy Volt.
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Posted by: Nike Air Max | 06/22/2011 at 11:16 PM
I'd rather just shoot 'em on the run!
Posted by: Cheap Bikinis | 06/22/2011 at 11:19 PM
Yeah it's good to make sure by making that call and follow it up every time you think of it. That's still a lot and money doesn't grow on trees we all know that.
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Posted by: Account Deleted | 08/16/2011 at 08:37 PM
Those taxes are really high. I think right now these taxes are legal and it still benefits us all.
Posted by: Dealership Penciling | 08/17/2011 at 07:26 PM
It may be granted in recognition of taxes already paid, as a subsidy, or to encourage investment or other behaviors. In some systems tax credits are 'refundable' to the extent they exceed the relevant tax. Tax systems may grant tax credits to businesses or individuals, and such grants vary by type of credit.
Posted by: Dealership Posting | 09/10/2011 at 07:13 PM
I have also heard that there are taxes on the regulations made on cars. Is this true?
Posted by: Cargigi Posting | 09/15/2011 at 01:03 AM
The taxes are getting higher and higher on cars. But, hope that it will return to the citizens and must used well.
Posted by: Dealership Posting | 09/18/2011 at 12:04 AM
It's either buy an electric car or not. I agree with the posts above.
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