Driving a hybrid isn’t just good for the environment. It’s also good for your wallet. This year, Toyota hybrid car owners may be eligible for tax breaks up to $7,500.
Toyota has been at the forefront of hybrid technology for more than twenty years. Since the debut of the Toyota Prius in 1997, Toyota’s revolutionary engineering has only gotten better, offering tons of great eco-friendly options for drivers. So what makes these cars special? Hybrids are fueled by two energy sources: traditional internal combustion engines and battery-powered electric motors. The two work together to produce maximum fuel efficiency and dramatically reduce the amount of carbon dioxide released into the atmosphere as you drive. This means hybrid drivers are saving tons of money on gas AND doing good by our planet.
Each year, the government rewards carbon-conscious car owners for their commitment to going green. Depending on the make and model of your hybrid car, you may qualify for a tax credit between $2,500 and $7,500. If you own a Toyota hybrid built during or after 2012, check out your potential savings below.
Prius Prime Plug-in Hybrid
Years: 2017, 2018, 2019, 2020, 2021
Credit Amount: $4,502
Prius Plug-in Electric Drive Vehicle
Years: 2012, 2013, 2014, 2015
Credit Amount: $2,500
RAV4 EV
Years: 2012, 2013, 2014
Credit Amount: $7,500
RAV4 Prime Plug-in Hybrid
Years: 2021
Credit Amount:$7,500
Thinking of switching to a hybrid? Toyota offers more options than any other automaker, so find your perfect match at Headquarter Toyota and get in on next year’s tax incentives.
See Available Headquarter Toyota Hybrid Models Here
