The popularity of Hybrid vehicles grew sharply from a couple of thousands in early 2000 to close to 300, 000 by the end of 2005.
The trend is rapidly catching on with the auto-leasing industry with generous tax credits and incentives available if you go green.
Beginning in 2006, businesses and taxpayers who lease, or purchase, an environmentally-friendly and fuel-efficient vehicle are eligible to claim federal income tax credits worth thousands of dollars. Individual states also offer generous incentives, including hybrid state tax credits, new High-Occupancy Vehicle
(HOV) lanes access and discounted thruway tolls for alternative-fueled vehicles. And that’s not all you can save from going green! You can now save on your parking fees at a number of universities, and some auto-insurance companies are offering insurance discounts for hybrid-vehicle owners nationwide.
If you want to take advantage of these incentives and contribute to energy conservation, then visit HybridCenter.org and complete a personal profile about your driving needs and habits. You will get in-depth advice on hybrid models that would make economic sense to you and local, state and federal incentives available where you live.