The 2010 Ford Fusion $3400 Tax Credit

Are you in the market for a new hybrid car? According to the sales figures, you are in the minority! Nevertheless, the Ford Fusion is a great product offering from Ford that is a hybrid-electric vehicle offering outstanding city mileages. The Fusion will average about 41 mpg in city driving which is a significant improvement over most sedans, which usually come in at less than 25 mpg.

Get to your dealer before March 31, 2009 in order to qualify for the full rebate. I would be interested in this vehicle except for one thing, there is no plug. I want the option of all electric operation and the ability to use my electricity for recharging.

From Green Car Congress:

Buyers of a new 2010 Fusion Hybrid or Mercury Milan Hybrid this year will qualify for a $3,400 tax credit.

The credit amount is based on a vehicle’s potential fuel efficiency. The Fusion Hybrid carries a 41 mpg rating in the city and 36 mpg on the highway.

Fusion Hybrid travels up to 47 mph in pure electric mode, faster than all other hybrids currently on the road. In addition, the system’s Intake Variable Cam Timing (i-VCT) allows the hybrid to more seamlessly transition from gas to electric mode and vice-versa, delivering a near imperceptible hybrid driving experience to the customer.

The 2009 Escape and Mariner Hybrid FWD models qualify for a $3,000 tax credit; 4WD models $1,950. Owners of previous model-year Escape and Mariner hybrid models may also qualify for varying credit amounts from $1,950 to $3,000. The credit is only available to the original purchaser of a new, qualifying vehicle.

Ford Hybrid Tax Credit Amounts
Vehicle	1 Jan 09 to 3 Mar 09	1 Apr 09 to 30 Sep 09	1 Oct 09 to 31 Mar 10	1 April 10 and later
2010 Fusion and Milan Hybrids	$3,400	$1,700	$850	$0
2009 Escape and Mariner FWD Hybrids	$3,000	$1,500	$750	$0
2009 Escape and Mariner 4WD Hybrids	$1,950	$975	$487.50	$0

Customers who purchase a Ford or Mercury brand hybrid by March 31, 2009 will remain eligible for the full tax credit amounts. Beginning April 1, 2009 customers who purchase a hybrid will only be able to claim a partial tax credit.

Since Ford Motor Company reached the 60,000 vehicle threshold in the 4^th quarter of 2008, the tax credit amounts are reduced by 50% beginning in the second quarter of 2009 and by an additional 25% beginning in the fourth quarter of 2009.