Sunday, July 27, 2008

VW's new Jetta TDI now eligible for $1,300 federal tax credit



Hybrid owners aren't the only ones eligible for tax breaks. Buyers of Volkswagen's new diesel powered Jettas will be able to recoup $1,300 of the purchase price from our friends at the IRS. The Internal Revenue Service has decreed that the Jetta TDI qualifies for the Advanced Lean Burn Technology Motor Vehicle income tax credit. That means that a diesel Jetta will cost about $700 more than a regular gas Jetta. By now most Volkswagen dealers across North America should have a Jetta TDI demonstrator on the lot. Deliveries to customers should start around the end of August or early September. During the media drive of Mercedes' new Bluetec diesel SUVs recently, company officials expressed hope that those vehicles would also qualify for the tax credit. Thanks to Connor for the tip!

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