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2005 Ford Escape Hybrid Added To Tax Credit List

Posted By Jim On 10/28/2006 @ 12:03 pm In Cars | No Comments

On October 20th, the Internal Revenue Service announced that the 2005 Ford Escape Hybrids were added to the list of vehicles eligible for the hybrid tax credit specified in the Energy Policy Act of 2005. The two vehicles added were the 2005 model year versions of the Ford Escape, previously only the 2006 model years were eligible. The two cars are:

  • Ford Escape 2 WD Hybrid (2005) – $2,600
  • Ford Escape 4 WD Hybrid (2005) – $1,950

For more information on how the tax break works, I wrote about the 2006 Hybrid Tax Break rules [3] back on April 27th.

Here is the full list of eligible vehicles and their tax credit amounts after the jump.

2007

  • Chevrolet Silverado 2WD Hybrid Pickup Truck – $250
  • Chevrolet Silverado 4WD Hybrid Pickup Truck – $650
  • Ford Escape Hybrid 2WD – $2,600
  • Ford Escape Hybrid 4WD – $1,950
  • GMC Sierra 2WD Hybrid Pickup Truck – $250
  • GMC Sierra 4WD Hybrid Pickup Truck – $650
  • Lexus GS 450h – $775 (decreased because of quantity limits [4])
  • Lexus RX 400h 2WD and 4WD – $1,100 (decreased because of quantity limits [4])
  • Mercury Mariner 4WD Hybrid – $1,950
  • Saturn Vue Green Line – $650
  • Toyota Camry Hybrid – $1,300 (decreased because of quantity limits [4])
  • Toyota Prius – $1,575 (decreased because of quantity limits [4])
  • Toyota Highlander Hybrid 2WD and 4WD – $1,300 (decreased because of quantity limits [4])

2006

  • Chevrolet Silverado 2WD Hybrid Pickup Truck – $250
  • Chevrolet Silverado 4WD Hybrid Pickup Truck – $650
  • Ford Escape Hybrid (Front) 2WD – $2,600
  • Ford Escape Hybrid 4WD – $1,950
  • GMC Sierra 2WD Hybrid Pickup Truck – $250
  • GMC Sierra 4WD Hybrid Pickup Truck – $650
  • Honda Accord Hybrid AT w/updated calibration and Navi AT w/updated calibration – $1,300 ($640 with update)
  • Honda Civic Hybrid CVT – $2,100
  • Honda Insight CVT – $1,450
  • Lexus RX400h 2WD – $1,100 (decreased because of quantity limits [4])
  • Lexus RX400h 4WD — $1,100 (decreased because of quantity limits [4])
  • Mercury Mariner Hybrid 4WD – $1,950
  • Toyota Highlander 2WD Hybrid – $1,300 (decreased because of quantity limits [4])
  • Toyota Highlander 4WD Hybrid – $1,300 (decreased because of quantity limits [4])
  • Toyota Prius – $1,575 (decreased because of quantity limits [4])

2005

  • Ford Escape 2 WD Hybrid – $2,600
  • Ford Escape 4 WD Hybrid – $1,950
  • Honda Accord Hybrid AT and Navi AT – $65li>
  • Honda Civic Hybrid MT and CVT – $1,700
  • Honda Insight CVT – $1,450
  • Toyota Prius – $1,575 (decreased because of quantity limits [4])

Source: IRS: Hybrid Car and Alternative Motor Vehicles [5]


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[2] Email: mailto:?subject=http://www.bargaineering.com/articles/2005-ford-escape-hybrid-added-to-tax-credit-list.html

[3] 2006 Hybrid Tax Break rules: http://www.bargaineering.com/articles/2006-hybrid-tax-breaks-new-rules.html

[4] quantity limits: http://www.bargaineering.com/articles/toyota-hits-60k-hybrid-limit.html

[5] IRS: Hybrid Car and Alternative Motor Vehicles: http://www.irs.gov/newsroom/article/0,,id=157632,00.html

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