Clean Diesels Provide Tax Credit
Mercedes-Benz now has a new line of clean-diesel vehicles called Bluetec, much like the Volkswagen Jetta TDI. All of these qualify for the alternative-powertrain tax credit by the IRS. Previously, only hybrid cars qualified to receive the credit, but the advancements in clean-diesel technology have allowed these German carmakers to get this tax break for their new diesel lines.
The tax credits only apply to the first 60,000 units that are sold. Also, they will vary depending on the fuel-efficiency of the car. For example, the Mercedes Benz ML320 Bluetec will qualify for a rebate of $900, but if you make a step up to the GL320 and you will get a credit of $1,800. You can buy the Jetta TDI now, and it will be in showrooms this October.
Will these tax credits make more people consider purchasing a diesel car the next time they go car shopping?
In the past, motorists protected their wallets by purchasing an auto warranty, buying inexpensive vehicles, and keeping up with maintenance. Now, receiving tax credits for clean-diesel vehicles give consumers another way of conserving on car related expenses.