Tax Credits
On 25 July 2007 the United States Internal Revenue Service announced that the Honda’s FCX had met the requirements of the Alternative Motor Vehicle Credit as a qualified fuel cell motor vehicle. Purchasers of the 2005 and 2006 Honda FCX are eligible for a $12,000 Section 30B(b) credit, but consumers are not currently allowed to purchase the vehicle, as it is still available only for leasing, and only in Southern California, where public hydrogen refueling stations are available.
The leasing program began in July 2008 at a price of $600.00 USD per month for 3 years which includes collision coverage, all maintenance and roadside assistance. Honda announced Power Honda Costa Mesa, Honda of Santa Monica and Scott Robinson Honda as the initial dealers, which were chosen for their proximity to hydrogen refueling stations.
Read more about this topic: Honda FCX Clarity
Famous quotes containing the word tax:
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
—Friedrich Nietzsche (1844–1900)