Hybrid Vehicles Are Environmentally and Tax Friendly

We all know that traditional vehicles are the main cause of air pollution. This is where hybrid vehicles come as a relief. Not just by saving the environment, these vehicles are attracting people also because they save the tax too. Read on to know more about these environment and tax friendly vehicles.

Eco Friendly

Those who care for the environment are aware of the fact that much of the fuels we use in vehicles ends up degrading our environment, air, water and soil. The sad thing is that we can’t stop using vehicles to save the environment. In such a scenario, eco-friendly hybrid vehicles come as a blessing. Hybrid vehicles are eco-friendly in the following ways:

* They use alternative fuels and thus save the fossil fuels
* They emit less smog and therefore save the environment

Less Fuel Per Mileage And Less Smog

Usually, diesel-electric or turbo-electric trains are considered as hybrid vehicles. These engines run on liquid petroleum gas and therefore emit no carbon compounds that add to the air pollution. Many hybrid vehicles run on rechargeable electric battery and gasoline that consume less fuel per mileage and thereby create less smog. Ultimately, this less fuel per mileage and less smog helps saving the environment and thus these vehicles are considered as eco-friendly vehicles. The following are the most popular hybrid vehicles:

* Toyota Camry Hybrids
* Ford Escape Hybrid
* Honda Insight

Tax Friendly

As briefly touched on earlier, hybrid vehicles are not just eco-friendly but also tax-friendly. The owners of these vehicles get to avail hybrid tax credit. They get less tax liability due to the simple fact that they drive hybrid vehicles and save the environment and fossil fuels. The fact that these vehicles save a great amount of gas consumption makes their owners liable for tax redemption. Note the following facts about tax-friendly hybrid vehicles.

* US Internal Revenue Services grant tax relief for the purchase of hybrid vehicles.
* Standard tax relief is showered on hybrid vehicles depending on their model.
* Hybrid Tax Credit was added in the Energy Policy Act of 2005.
* Larger vehicle sale was seen soon after the announcement of the tax relief for hybrid vehicle owners.

Alternate Motor Vehicle Credit

Alternate Motor Vehicle Credit is another thing worth noticing in relation to the tax redemption for hybrid vehicle owners. Applied to vehicles that came in to service on or after January, 2006, this vehicle credit helps save a lot of money of hybrid vehicle owners that goes as tax. According to a survey, since March 2007, forty different hybrid models were eligible for the “Alternate Motor Vehicle Credit” in the U.S. Remember, that this tax relief is only available to the original owner of the hybrid vehicle.

After reading this whole article, we assume that you won’t have any doubts on how are hybrid vehicles good for the pocket as well as for the environment.