Hybrid Vehicle Sales Information and Tax Credits
What hybrids are available?
Honda Accord Hybrid
Honda Civic Hybrid
Ford Escape Hybrid
GMC Silverado Hybrid
GMC Sierra Hybrid
Toyota Prius
Toyota Highlander Hybrid
Lexus 400h
Mazda Tribute Hybrid
Mercury Mariner Hybrid
Lexus GS 450h
Saturn VUE Green Line
2007 Hybrid Electric Passenger Vehicles Sales (through February 2007)
Honda Accord: 560
Honda Civic: 3,707
Lexus RX400h: 2,494
Toyota Camry: 6,133
Toyota Highlander: 1,892
Toyota Prius: 20,526
Total for the vehicles above: 37,119
2006 Hybrid Electric Passenger Vehicle Sales (through December 2006)
Honda Accord: 5,598
Honda Civic: 31,253
Honda Insight: 722
Ford Escape Hybrid: 19,228
Mercury Mariner Hybrid: 3,375
Toyota Camry Hybrid: 27,336 (excludes December 2006 sales; on sale April 2006)
Toyota Prius: 106,971
Toyota Highlander: 31,485
Lexus RX 400h: 20,161
Lexus GS 450h: 513 (Excludes October-December 2006 sales; on sale April 2006)
TOTAL: 246,642*
*2006 Hybrid Sales Total does not include December Camry Hybrid Sales and GS450h October-December sales.
2005 Hybrid Electric Passenger Vehicle Sales
Honda Accord: 16,826
Honda Civic: 25,864
Honda Insight: 666
Ford Escape: 18,797
Toyota Prius: 107,897
Toyota Highlander: 17,989 (on the market in June 2005)
Lexus 400h: 20,674 (on the market in April 2005)
Mercury Mariner: 998
TOTAL: 209,711
Total Hybrid Electric Passenger Vehicle Sales 2000-2006
2000: 9,367
2001: 20,287
2002: 35,961
2003: 47,525
2004: 83,153
2005: 209,711
2006: 246,642 (not including 1 month of Camry Hybrid Sales, 3 months of GS450h sales)
Breakdown of 2004 Registrations (courtesy of R.L. Polk)
Ford Escape: 2,566
Honda Insight: 587
Honda Civic: 25,586
Honda Accord: 653
Toyota Prius: 53,761
Federal Hybrid Tax Credits
The Internal Revenue Service has acknowledged the certification of vehicles that qualify for the hybrid tax credit enacted by the Energy Policy Act of 2005. The tax credit for hybrid vehicles applies to vehicles purchased on or after January 1, 2006, and may be as much as $3,400 for those who purchase the most fuel-efficient vehicles.
Starting in 2006, this tax credit replaces the tax deduction of $2,000 which was previously allowed for taxpayers who purchased a new hybrid vehicle before December 31, 2005 for the clean-burning fuel deduction. The tax credit requires a different certification. Many currently available hybrid vehicles may qualify for this new tax credit.
Consumers seeking the credit may want to buy early since the full credit is only available for a limited time. Taxpayers may claim the full amount of the allowable credit up to the end of the first calendar quarter after the quarter in which the manufacturer records its sale of the 60,000th vehicle. For the second and third calendar quarters after the quarter in which the 60,000th vehicle is sold, taxpayers may claim 50% of the credit. For the fourth and fifth calendar quarters, may claim 25% of the credit. No credit is allowed after the fifth quarter.
The following tax credits apply:
Model Year 2007
Chevrolet Silverado 2WD Hybrid Pickup Truck — $250
Chevrolet Silverado 4WD Hybrid Pickup Truck — $650
Ford Escape Hybrid 2WD — $2,600
Ford Escape Hybrid 4WD — $1,950
GMC Sierra 2WD Hybrid Pickup Truck — $250
GMC Sierra 4WD Hybrid Pickup Truck — $650
Honda Civic Hybrid CVT--$2,100
Honda Accord Hybrid AT--$1,300
Honda Accord Hybrid Navi AT--$1,300
Lexus GS 450h — $775 (until March 31, 2007) $387.50 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Lexus RX 400h 2WD and 4WD-$1,100 (until March 31, 2007) $550 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Mercury Mariner 4WD Hybrid — $1,950
Nissan Altima Hybrid--$2,350
Saturn Vue Green Line — $650
Toyota Camry Hybrid — $1,300 (until March 31, 2007) $650 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Toyota Prius-$1,575 (until March 31, 2007) $787.50 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Toyota Highlander Hybrid-$1,300 (until March 31, 2007) $650 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Model Year 2006
Chevrolet Silverado 2WD Hybrid Pickup Truck — $250
Chevrolet Silverado 4WD Hybrid Pickup Truck — $650
Ford Escape Hybrid (Front) 2WD — $2,600
Ford Escape Hybrid 4WD — $1,950
GMC Sierra 2WD Hybrid Pickup Truck — $250
GMC Sierra 4WD Hybrid Pickup Truck — $650
Honda Accord Hybrid AT w/updated calibration and Navi AT w/updated calibration — $1,300*
Honda Civic Hybrid CVT — $2,100
Honda Insight CVT — $1,450
Lexus RX400h 2WD — $1,100 (until March 31, 2007) $550 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Lexus RX400h 4WD — $1,100 (until March 31, 2007) $550 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Mercury Mariner Hybrid 4WD — $1,950
Toyota Highlander 2WD Hybrid — $1,300 (until March 31, 2007) $650 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Toyota Highlander 4WD Hybrid — $1,300 (until March 31, 2007) $650 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Toyota Prius — $1,575 (until March 31, 2007) $787.50 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
*2006 Honda Accord Hybrid AT and Navi AT without updated calibration qualify for a credit of $650.
Model Year 2005
Honda Accord Hybrid AT and Navi AT — $650
Honda Civic Hybrid MT and CVT — $1,700
Honda Insight CVT — $1,450
Toyota Prius — $1,575 (until March 31, 2007) $787.50 (April 1, 2007-September 30, 2007). No credit after October 1, 2007.
Beginning October 1, 2007, taxpayers who buy a Toyota hybrid cannot claim the related tax credit.
