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Back in the 80"s, intrest rates were sky high. If you got a 15% car loan you were lucky, and were happy to get it at that. TODAY, rates are at a record low, BUT in order to get these rates EVERYTHING MUST BE PERFECT (credit score, LTV, appraisal, income, down payment), if not, well "Sorry My Friends" BUT this is not go...more
Just picked up a new C-Max from Ford, 47 mpg city, 47 mpg hwy (hybrid w/a 2.0 ltr engine) all for 24000.00 plus tax, and I get the tax credit at the end of the year.
A Volt is HOW MUCH?? Way to go GM (Goverment Motors).
I suppose whom ever passes such legislation would be commiting political suicide, so go ahead and take away the deduction. See what happens on the next election. The general public has a short memory, but I don't think they will forget or forgive this one.