AUTOMOBILE GAS FUEL EFFICIENCY TAX INCENTIVES And DISINCENTIVES Tax Credits and Deductions If you purchase a qualifying hybrid or dedicated alternative fuel vehicle (AFV) since 2006, you may be eligible for a federal income tax credit. AFVs - compressed natural gas (CNG) vehicles are the only AFVs commercially available as of publication of the Guide. The credit amount varies from vehicle to vehicle, and the hybrid credit will be gradually phased out based on manufacturer sales. Flexible fuel vehicles are not eligible for the alternative fuel credit. For more information on qualifying models, credit amounts, and phase-out dates visit: IRS - Alternative Motor Vehicle Credit             or U.S. Department of Energy Gas Guzzler Tax The Energy Tax Act of 1978 requires auto companies to pay a gas guzzler tax on the sale of cars with exceptionally low fuel economy. Such vehicles are identified in the guide by the word "Tax" in the "Notes" column. In the dealer showroom, the words "Gas Guzzler" and the tax amount are listed on the vehicle's fuel economy label. The tax does not apply to light trucks. Other Automobile Fuel Efficiency Links TIPS - Tips for improving car fuel economy and gas mileage OPTIONS - Car Fueling Options - Premium, Regular, Ethanol, Biodiesel TAXES - Automobile Gas Fuel Efficiency Tax Incentives and Disincentives - Credits and Deductions WHY - Why Consider Fuel Economy

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