Banking, Cars, Government 
0
comments

BoA Offers Hybrid Credit in Pilot Program

Email  Print Print  

You might be familiar with the recent changes to the hybrid vehicle tax credits but did you know that Bank of America is rolling out a pilot program to over 21,000 employees where they’ll give employees $3,000 if they buy a hybrid and live within 90 miles of Charlotte, Boston or Los Angeles? That’s pretty nice! If you bought a Prius, you would get $3150 back from Uncle Sam and then another $2,250 (assuming you’re in the 25% bracket and BoA’s $3000 gift is considered regular income) for a total of $5,400 off your bill!

Bank of America is not the only company offering incentives to employees buying hybrid vehicles. The Los Angeles Times reports that although the bank’s program could become the largest in terms of workers eligible, the rebate is smaller than those offered to employees by three California firms: Google (Research) and software developer Hyperion Solutions (Research), which the paper reports both offer $5,000 for purchases; and privately-held Integrated Archive Systems, which the Times reports has a $10,000 rebate plan.

via CNN Money.

{ 0 comments, please add your thoughts now! }

Related Posts


RSS Subscribe Like this article? Get all the latest articles sent to your email for free every day. Enter your email address and click "Subscribe." Your email will only be used for this daily subscription and you can unsubscribe anytime.


Please Leave a Reply
Bargaineering Comment Policy


Previous Article: «
Next Article: »
Advertising Disclosure: Bargaineering may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.
About | Contact Me | Privacy Policy/Your California Privacy Rights | Terms of Use | Press
Copyright © 2014 by www.Bargaineering.com. All rights reserved.